Ninety One PLC (N91) — Cash Flow Quality Index

Latest as of March 2023: -3.08x

Ninety One PLC (N91) has a Cash Flow Quality Index of -3.08x as of March 2023. Operating cash flow of ZAC-121.75 Million is below net income of ZAC39.55 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore N91 operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-3.08x
Operating CF / Net Income

Operating Cash Flow

ZAC-121.75 Million
ZAC

Net Income

ZAC39.55 Million
ZAC

Data as of

Mar 2023
Most recent filing

Ninety One PLC Cash Flow Quality Index (2017–2026)

Historical Cash Flow Quality Index for Ninety One PLC across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Ninety One PLC (N91) cash conversion ratio.

Annual Cash Flow Quality Index for Ninety One PLC (2017–2026)

Year-by-year earnings quality comparison for Ninety One PLC.

Year Quality Index Operating CF (ZAC) Net Income YoY Change
2026 1.12x ZAC172.40 Million ZAC153.50 Million ▼ -47.1%
2025 2.12x ZAC318.40 Million ZAC150.10 Million ▲ +102.4%
2024 1.05x ZAC171.80 Million ZAC163.90 Million ▲ +130.2%
2023 0.46x ZAC74.60 Million ZAC163.80 Million ▼ -59.8%
2022 1.13x ZAC232.30 Million ZAC205.30 Million ▼ -62.0%
2021 2.98x ZAC459.40 Million ZAC154.40 Million ▼ -43.2%
2020 5.24x ZAC813.60 Million ZAC155.40 Million ▲ +2.8%
2019 5.09x ZAC709.40 Million ZAC139.30 Million ▼ -1.5%
2018 5.17x ZAC726.61 Million ZAC140.49 Million ▲ +38.8%
2017 3.73x ZAC475.53 Million ZAC127.63 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.