Ihlas Holding AS (IHLAS) — Cash Flow Quality Index

Latest as of September 2024: -2.80x

Ihlas Holding AS (IHLAS) has a Cash Flow Quality Index of -2.80x as of September 2024. Operating cash flow of TL-356.45 Million is below net income of TL127.51 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Ihlas Holding AS service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-2.80x
Operating CF / Net Income

Operating Cash Flow

TL-356.45 Million
TRY

Net Income

TL127.51 Million
TRY

Data as of

Sep 2024
Most recent filing

Ihlas Holding AS Cash Flow Quality Index (2005–2023)

Historical Cash Flow Quality Index for Ihlas Holding AS across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Ihlas Holding AS.

Annual Cash Flow Quality Index for Ihlas Holding AS (2005–2023)

Year-by-year earnings quality comparison for Ihlas Holding AS.

Year Quality Index Operating CF (TRY) Net Income YoY Change
2023 -0.39x TL-877.97 Million TL2.23 Billion ▼ -269.1%
2022 0.23x TL148.23 Million TL636.97 Million ▲ +108.0%
2021 -2.92x TL-608.81 Million TL208.74 Million ▼ -2147.1%
2017 0.14x TL6.09 Million TL42.75 Million ▼ -84.3%
2016 0.91x TL57.18 Million TL63.09 Million ▼ -63.2%
2005 2.46x TL31.54 Million TL12.81 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.