Capital Appreciation Ltd (CTA) — Cash Flow Quality Index
Capital Appreciation Ltd (CTA) has a Cash Flow Quality Index of 1.29x as of March 2025. Operating cash flow of ZAC170.32 Million exceeds net income of ZAC132.44 Million, indicating high earnings quality where cash backs reported profits. Explore cash flow to debt ratio of Capital Appreciation Ltd to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Capital Appreciation Ltd Cash Flow Quality Index (2016–2025)
Historical Cash Flow Quality Index for Capital Appreciation Ltd across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Capital Appreciation Ltd.
Annual Cash Flow Quality Index for Capital Appreciation Ltd (2016–2025)
Year-by-year earnings quality comparison for Capital Appreciation Ltd.
| Year | Quality Index | Operating CF (ZAC) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.15x | ZAC44.81 Million | ZAC297.75 Million | ▼ -90.8% |
| 2024 | 1.63x | ZAC277.87 Million | ZAC170.75 Million | ▲ +402.9% |
| 2023 | 0.32x | ZAC50.56 Million | ZAC156.24 Million | ▼ -12.6% |
| 2022 | 0.37x | ZAC86.19 Million | ZAC232.70 Million | ▼ -43.2% |
| 2021 | 0.65x | ZAC102.06 Million | ZAC156.64 Million | ▲ +6.4% |
| 2020 | 0.61x | ZAC126.18 Million | ZAC205.97 Million | ▼ -14.2% |
| 2019 | 0.71x | ZAC124.02 Million | ZAC173.80 Million | ▲ +24.6% |
| 2018 | 0.57x | ZAC114.56 Million | ZAC199.99 Million | ▼ -13.5% |
| 2017 | 0.66x | ZAC39.95 Million | ZAC60.31 Million | ▼ -23.8% |
| 2016 | 0.87x | ZAC26.74 Million | ZAC30.78 Million | — |