NATWEST GROUP SP.ADR/2 (RYS) — Cash Flow Quality Index

Latest as of December 2025: 1.21x

NATWEST GROUP SP.ADR/2 (RYS) has a Cash Flow Quality Index of 1.21x as of December 2025. Operating cash flow of €7.07 Billion exceeds net income of €5.83 Billion, indicating high earnings quality where cash backs reported profits. Explore RYS operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.21x
Operating CF / Net Income

Operating Cash Flow

€7.07 Billion
EUR

Net Income

€5.83 Billion
EUR

Data as of

Dec 2025
Most recent filing

NATWEST GROUP SP.ADR/2 Cash Flow Quality Index (2022–2025)

Historical Cash Flow Quality Index for NATWEST GROUP SP.ADR/2 across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see RYS cash flow conversion.

Annual Cash Flow Quality Index for NATWEST GROUP SP.ADR/2 (2022–2025)

Year-by-year earnings quality comparison for NATWEST GROUP SP.ADR/2.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2025 1.21x €7.07 Billion €5.83 Billion ▲ +209.3%
2024 0.39x €1.77 Billion €4.52 Billion ▲ +109.9%
2023 -3.97x €-17.44 Billion €4.39 Billion ▲ +69.6%
2022 -13.05x €-43.60 Billion €3.34 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.