Clicks (CLS) — Cash Flow Quality Index
Latest as of February 2026:
0.69x
Clicks (CLS) has a Cash Flow Quality Index of 0.69x as of February 2026. Operating cash flow of ZAC1.05 Billion is below net income of ZAC1.53 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore Clicks cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.69x
Operating CF / Net Income
Operating Cash Flow
ZAC1.05 Billion
ZAC
Net Income
ZAC1.53 Billion
ZAC
Data as of
Feb 2026
Most recent filing
Clicks Cash Flow Quality Index (2002–2025)
Historical Cash Flow Quality Index for Clicks across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see CLS cash flow metrics.
Annual Cash Flow Quality Index for Clicks (2002–2025)
Year-by-year earnings quality comparison for Clicks.
| Year | Quality Index | Operating CF (ZAC) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.62x | ZAC5.24 Billion | ZAC3.24 Billion | ▲ +34.7% |
| 2024 | 1.20x | ZAC4.68 Billion | ZAC3.89 Billion | ▲ +26.1% |
| 2023 | 0.95x | ZAC3.31 Billion | ZAC3.47 Billion | ▲ +81.0% |
| 2022 | 0.53x | ZAC1.92 Billion | ZAC3.64 Billion | ▼ -42.2% |
| 2021 | 0.91x | ZAC2.31 Billion | ZAC2.54 Billion | ▲ +55.3% |
| 2020 | 0.59x | ZAC1.52 Billion | ZAC2.58 Billion | ▼ -26.4% |
| 2019 | 0.80x | ZAC1.89 Billion | ZAC2.36 Billion | ▲ +17.1% |
| 2018 | 0.68x | ZAC1.39 Billion | ZAC2.04 Billion | ▲ +41.5% |
| 2017 | 0.48x | ZAC853.80 Million | ZAC1.77 Billion | ▼ -4.0% |
| 2016 | 0.50x | ZAC759.14 Million | ZAC1.51 Billion | ▼ -16.6% |
| 2015 | 0.60x | ZAC798.99 Million | ZAC1.33 Billion | ▼ -29.9% |
| 2014 | 0.86x | ZAC1.04 Billion | ZAC1.21 Billion | ▲ +45.7% |
| 2013 | 0.59x | ZAC618.81 Million | ZAC1.05 Billion | ▲ +32.4% |
| 2012 | 0.44x | ZAC426.32 Million | ZAC958.35 Million | ▲ +4.7% |
| 2011 | 0.43x | ZAC381.56 Million | ZAC897.71 Million | ▲ +73.8% |
| 2010 | 0.24x | ZAC188.39 Million | ZAC770.36 Million | ▼ -81.7% |
| 2009 | 1.34x | ZAC866.40 Million | ZAC647.22 Million | ▲ +694.6% |
| 2008 | 0.17x | ZAC107.53 Million | ZAC638.25 Million | ▼ -90.8% |
| 2007 | 1.83x | ZAC1.02 Billion | ZAC560.05 Million | ▲ +501.5% |
| 2006 | 0.30x | ZAC117.64 Million | ZAC387.35 Million | ▲ +889.0% |
| 2005 | -0.04x | ZAC-13.14 Million | ZAC341.47 Million | ▼ -102.7% |
| 2004 | 1.41x | ZAC218.96 Million | ZAC155.12 Million | ▲ +59.9% |
| 2003 | 0.88x | ZAC337.21 Million | ZAC382.00 Million | ▲ +31.6% |
| 2002 | 0.67x | ZAC213.66 Million | ZAC318.56 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.