Spear REIT Ltd Cash Flow Quality Index

Latest as of February 2026: 0.45x

Spear REIT Ltd 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. See Spear REIT Ltd leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.

Cash Flow Quality Index

0.45x
Operating CF / Net Income

Operating Cash Flow

ZAC244.52 Million
ZAC

Net Income

ZAC540.01 Million
ZAC

Data as of

Feb 2026
Most recent filing

Cash Flow Quality Index of Spear REIT Ltd (2017–2026)

Cash flow quality index of Spear REIT Ltd from 2017 to 2026. Historical Cash Flow Quality Index for Spear REIT Ltd across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore how well can Spear REIT Ltd service its debt to assess how comfortably operating cash covers total debt obligations.

Spear REIT Ltd Cash Flow Quality Index by Year (2017–2026)

Spear REIT Ltd cash flow quality index by year from 2017 to 2026. Year-by-year earnings quality comparison for Spear REIT Ltd. For the full cash flow conversion analysis, see SEA cash flow conversion.

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 —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.