Netcare (NTC) — Cash Flow Quality Index
Latest as of September 2025:
2.55x
Netcare (NTC) has a Cash Flow Quality Index of 2.55x as of September 2025. Operating cash flow of ZAC2.42 Billion exceeds net income of ZAC947.00 Million, indicating high earnings quality where cash backs reported profits. Explore Netcare (NTC) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
2.55x
Operating CF / Net Income
Operating Cash Flow
ZAC2.42 Billion
ZAC
Net Income
ZAC947.00 Million
ZAC
Data as of
Sep 2025
Most recent filing
Netcare Cash Flow Quality Index (2005–2025)
Historical Cash Flow Quality Index for Netcare across 19 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Netcare cash flow conversion.
Annual Cash Flow Quality Index for Netcare (2005–2025)
Year-by-year earnings quality comparison for Netcare.
| Year | Quality Index | Operating CF (ZAC) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.68x | ZAC2.45 Billion | ZAC3.58 Billion | ▼ -20.5% |
| 2024 | 0.86x | ZAC2.72 Billion | ZAC3.16 Billion | ▲ +24.3% |
| 2023 | 0.69x | ZAC1.88 Billion | ZAC2.72 Billion | ▼ -73.2% |
| 2022 | 2.58x | ZAC2.61 Billion | ZAC1.01 Billion | ▲ +132.2% |
| 2021 | 1.11x | ZAC2.31 Billion | ZAC2.08 Billion | ▲ +275.4% |
| 2020 | -0.63x | ZAC-992.00 Million | ZAC1.57 Billion | ▼ -144.3% |
| 2019 | 1.43x | ZAC3.47 Billion | ZAC2.43 Billion | ▲ +184.2% |
| 2018 | 0.50x | ZAC2.48 Billion | ZAC4.94 Billion | ▼ -75.4% |
| 2016 | 2.05x | ZAC3.52 Billion | ZAC1.72 Billion | ▲ +68.9% |
| 2015 | 1.21x | ZAC2.98 Billion | ZAC2.46 Billion | ▼ -7.2% |
| 2014 | 1.31x | ZAC2.81 Billion | ZAC2.15 Billion | ▲ +211.2% |
| 2013 | 0.42x | ZAC2.14 Billion | ZAC5.09 Billion | ▼ -66.6% |
| 2011 | 1.26x | ZAC2.33 Billion | ZAC1.85 Billion | ▼ -10.9% |
| 2010 | 1.41x | ZAC1.81 Billion | ZAC1.29 Billion | ▲ +109.6% |
| 2009 | 0.67x | ZAC1.18 Billion | ZAC1.75 Billion | ▼ -52.1% |
| 2008 | 1.41x | ZAC1.38 Billion | ZAC982.00 Million | ▲ +70.6% |
| 2007 | 0.82x | ZAC902.00 Million | ZAC1.09 Billion | ▼ -32.4% |
| 2006 | 1.22x | ZAC654.30 Million | ZAC537.30 Million | ▲ +50.7% |
| 2005 | 0.81x | ZAC658.70 Million | ZAC815.30 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.