JSE Limited (JSE) — Cash Flow Quality Index
JSE Limited (JSE) has a Cash Flow Quality Index of 1.39x as of December 2025. Operating cash flow of ZAC710.78 Million exceeds net income of ZAC512.84 Million, indicating high earnings quality where cash backs reported profits. Explore how much of JSE Limited's assets are long-term investments to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
JSE Limited Cash Flow Quality Index (2002–2025)
Historical Cash Flow Quality Index for JSE Limited across 24 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check JSE intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for JSE Limited (2002–2025)
Year-by-year earnings quality comparison for JSE Limited. For live market cap and the full company financial profile, see JSE stock market capitalisation.
| Year | Quality Index | Operating CF (ZAC) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.17x | ZAC1.25 Billion | ZAC1.07 Billion | ▲ +33.8% |
| 2024 | 0.87x | ZAC1.09 Billion | ZAC1.25 Billion | ▼ -35.8% |
| 2023 | 1.36x | ZAC1.13 Billion | ZAC830.98 Million | ▲ +44.4% |
| 2022 | 0.94x | ZAC977.75 Million | ZAC1.04 Billion | ▲ +2.3% |
| 2021 | 0.92x | ZAC917.25 Million | ZAC994.99 Million | ▼ -2.4% |
| 2020 | 0.94x | ZAC1.00 Billion | ZAC1.06 Billion | ▲ +1.2% |
| 2019 | 0.93x | ZAC880.44 Million | ZAC943.29 Million | ▲ +25.4% |
| 2018 | 0.74x | ZAC913.21 Million | ZAC1.23 Billion | ▼ -12.2% |
| 2017 | 0.85x | ZAC976.52 Million | ZAC1.15 Billion | ▼ -20.1% |
| 2016 | 1.06x | ZAC976.10 Million | ZAC919.70 Million | ▲ +47.6% |
| 2015 | 0.72x | ZAC888.30 Million | ZAC1.24 Billion | ▼ -23.7% |
| 2014 | 0.94x | ZAC818.05 Million | ZAC867.61 Million | ▲ +1.2% |
| 2013 | 0.93x | ZAC685.63 Million | ZAC735.54 Million | ▲ +12.6% |
| 2012 | 0.83x | ZAC431.25 Million | ZAC521.01 Million | ▼ -25.3% |
| 2011 | 1.11x | ZAC552.11 Million | ZAC498.11 Million | ▲ +42.4% |
| 2010 | 0.78x | ZAC419.96 Million | ZAC539.67 Million | ▲ +13.7% |
| 2009 | 0.68x | ZAC354.56 Million | ZAC517.96 Million | ▼ -47.6% |
| 2008 | 1.31x | ZAC489.24 Million | ZAC374.36 Million | ▲ +8.5% |
| 2007 | 1.20x | ZAC329.04 Million | ZAC273.24 Million | ▼ -26.8% |
| 2006 | 1.65x | ZAC232.20 Million | ZAC141.05 Million | ▲ +115.1% |
| 2005 | 0.77x | ZAC81.90 Million | ZAC107.00 Million | ▼ -30.3% |
| 2004 | 1.10x | ZAC97.69 Million | ZAC88.90 Million | ▲ +1210.9% |
| 2003 | -0.10x | ZAC-1.94 Million | ZAC19.57 Million | ▼ -105.3% |
| 2002 | 1.86x | ZAC89.01 Million | ZAC47.97 Million | — |