Merafe (MRF) — Cash Flow Quality Index

Latest as of June 2025: -0.69x

Merafe (MRF) has a Cash Flow Quality Index of -0.69x as of June 2025. Operating cash flow of ZAC-159.96 Million is below net income of ZAC233.00 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore balance sheet size of Merafe for the complete picture of this company's asset base.

Cash Flow Quality Index

-0.69x
Operating CF / Net Income

Operating Cash Flow

ZAC-159.96 Million
ZAC

Net Income

ZAC233.00 Million
ZAC

Data as of

Jun 2025
Most recent filing

Merafe Cash Flow Quality Index (2004–2024)

Historical Cash Flow Quality Index for Merafe across 18 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Merafe tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Merafe (2004–2024)

Year-by-year earnings quality comparison for Merafe. For live market cap and the full company financial profile, see MRF market cap.

Year Quality Index Operating CF (ZAC) Net Income YoY Change
2024 2.01x ZAC1.78 Billion ZAC886.35 Million ▲ +87.0%
2023 1.07x ZAC1.88 Billion ZAC1.75 Billion ▲ +23.1%
2022 0.87x ZAC1.70 Billion ZAC1.95 Billion ▲ +75.3%
2021 0.50x ZAC1.16 Billion ZAC2.33 Billion ▼ -1.9%
2018 0.51x ZAC478.50 Million ZAC944.48 Million ▼ -53.8%
2017 1.10x ZAC1.40 Billion ZAC1.28 Billion ▲ +62.5%
2016 0.67x ZAC501.51 Million ZAC743.95 Million ▼ -66.2%
2015 1.99x ZAC955.68 Million ZAC479.17 Million ▲ +95.9%
2014 1.02x ZAC306.06 Million ZAC300.63 Million ▼ -39.9%
2013 1.69x ZAC486.61 Million ZAC287.38 Million ▼ -49.7%
2012 3.37x ZAC257.05 Million ZAC76.35 Million ▲ +134.0%
2011 1.44x ZAC295.12 Million ZAC205.15 Million ▲ +129.0%
2010 0.63x ZAC245.82 Million ZAC391.28 Million ▲ +5.4%
2008 0.60x ZAC875.87 Million ZAC1.47 Billion ▼ -53.0%
2007 1.27x ZAC304.62 Million ZAC240.11 Million ▲ +237.9%
2006 -0.92x ZAC-128.03 Million ZAC139.14 Million ▼ -173.7%
2005 1.25x ZAC52.07 Million ZAC41.71 Million ▲ +8010.3%
2004 0.02x ZAC319.00K ZAC20.72 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.