Spear REIT Ltd (SEA) — Cash Flow Quality Index
Spear REIT Ltd (SEA) has a Cash Flow Quality Index of 0.45x as of February 2026. Operating cash flow of ZAC244.52 Million is below net income of ZAC540.01 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Spear REIT Ltd (SEA) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Spear REIT Ltd Cash Flow Quality Index (2017–2026)
Historical Cash Flow Quality Index for Spear REIT Ltd across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Spear REIT Ltd cash conversion from operations.
Annual Cash Flow Quality Index for Spear REIT Ltd (2017–2026)
Year-by-year earnings quality comparison for Spear REIT Ltd.
| Year | Quality Index | Operating CF (ZAC) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 0.50x | ZAC396.12 Million | ZAC799.75 Million | ▲ +258.2% |
| 2025 | 0.14x | ZAC73.61 Million | ZAC532.37 Million | ▼ -75.9% |
| 2024 | 0.57x | ZAC207.82 Million | ZAC362.74 Million | ▲ +145.5% |
| 2023 | 0.23x | ZAC43.12 Million | ZAC184.73 Million | ▲ +16.9% |
| 2022 | 0.20x | ZAC33.72 Million | ZAC168.85 Million | ▲ +22.7% |
| 2021 | 0.16x | ZAC10.62 Million | ZAC65.28 Million | ▼ -0.7% |
| 2020 | 0.16x | ZAC34.83 Million | ZAC212.52 Million | ▲ +139.7% |
| 2019 | 0.07x | ZAC18.25 Million | ZAC266.98 Million | ▼ -33.6% |
| 2018 | 0.10x | ZAC38.10 Million | ZAC369.94 Million | ▼ -83.8% |
| 2017 | 0.63x | ZAC38.74 Million | ZAC61.13 Million | — |