Greencoat Renewables PLC (GRP) — Cash Flow Quality Index

Latest as of December 2022: 0.85x

Greencoat Renewables PLC (GRP) has a Cash Flow Quality Index of 0.85x as of December 2022. Operating cash flow of €26.26 Million is below net income of €30.76 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Greencoat Renewables PLC long-term investment intensity to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

0.85x
Operating CF / Net Income

Operating Cash Flow

€26.26 Million
EUR

Net Income

€30.76 Million
EUR

Data as of

Dec 2022
Most recent filing

Greencoat Renewables PLC Cash Flow Quality Index (2018–2024)

Historical Cash Flow Quality Index for Greencoat Renewables PLC across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check GRP intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Greencoat Renewables PLC (2018–2024)

Year-by-year earnings quality comparison for Greencoat Renewables PLC. For live market cap and the full company financial profile, see market value of Greencoat Renewables PLC.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2024 1.70x €86.64 Million €50.97 Million ▼ -7.3%
2023 1.83x €127.36 Million €69.49 Million ▲ +145.8%
2022 0.75x €101.84 Million €136.57 Million ▲ +230.2%
2021 0.23x €16.07 Million €71.14 Million ▼ -82.8%
2020 1.31x €18.42 Million €14.07 Million ▲ +46.6%
2019 0.89x €15.27 Million €17.10 Million ▲ +1079.7%
2018 0.08x €3.30 Million €43.56 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.