Spear REIT Ltd (SEA) — Cash Flow Quality Index
Spear REIT Ltd (SEA) has a Cash Flow Quality Index of 0.58x as of August 2025. Operating cash flow of ZAC151.60 Million is below net income of ZAC259.73 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore investment intensity of Spear REIT Ltd 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
Spear REIT Ltd Cash Flow Quality Index (2017–2025)
Historical Cash Flow Quality Index for Spear REIT Ltd across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible equity quality of Spear REIT Ltd to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Spear REIT Ltd (2017–2025)
Year-by-year earnings quality comparison for Spear REIT Ltd. For live market cap and the full company financial profile, see market cap of Spear REIT Ltd.
| Year | Quality Index | Operating CF (ZAC) | Net Income | YoY Change |
|---|---|---|---|---|
| 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 | — |