SPAR Group Ltd (SPP) — Cash Flow Quality Index
SPAR Group Ltd (SPP) has a Cash Flow Quality Index of 56.85x as of September 2025. Operating cash flow of ZAC2.94 Billion exceeds net income of ZAC51.70 Million, indicating high earnings quality where cash backs reported profits. Explore long-term investment intensity of SPAR Group 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
SPAR Group Ltd Cash Flow Quality Index (2005–2024)
Historical Cash Flow Quality Index for SPAR Group Ltd across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check SPP goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for SPAR Group Ltd (2005–2024)
Year-by-year earnings quality comparison for SPAR Group Ltd. For live market cap and the full company financial profile, see SPAR Group Ltd market cap and net worth.
| Year | Quality Index | Operating CF (ZAC) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.93x | ZAC3.47 Billion | ZAC1.79 Billion | ▼ -20.0% |
| 2023 | 2.41x | ZAC4.39 Billion | ZAC1.82 Billion | ▲ +238.7% |
| 2022 | 0.71x | ZAC2.44 Billion | ZAC3.43 Billion | ▲ +35.6% |
| 2021 | 0.53x | ZAC1.78 Billion | ZAC3.39 Billion | ▼ -52.9% |
| 2020 | 1.12x | ZAC3.84 Billion | ZAC3.44 Billion | ▲ +1194.9% |
| 2019 | -0.10x | ZAC-303.80 Million | ZAC2.98 Billion | ▼ -114.3% |
| 2018 | 0.71x | ZAC1.98 Billion | ZAC2.78 Billion | ▲ +30.1% |
| 2017 | 0.55x | ZAC1.41 Billion | ZAC2.58 Billion | ▼ -9.0% |
| 2016 | 0.60x | ZAC1.55 Billion | ZAC2.58 Billion | ▲ +8.5% |
| 2015 | 0.55x | ZAC1.27 Billion | ZAC2.29 Billion | ▲ +114.7% |
| 2014 | 0.26x | ZAC481.20 Million | ZAC1.87 Billion | ▲ +195.9% |
| 2013 | -0.27x | ZAC-443.20 Million | ZAC1.65 Billion | ▼ -135.2% |
| 2012 | 0.76x | ZAC1.15 Billion | ZAC1.51 Billion | ▲ +45.4% |
| 2011 | 0.53x | ZAC737.70 Million | ZAC1.40 Billion | ▲ +186.6% |
| 2010 | 0.18x | ZAC238.90 Million | ZAC1.30 Billion | ▼ -36.6% |
| 2009 | 0.29x | ZAC215.40 Million | ZAC745.20 Million | ▲ +151.9% |
| 2008 | -0.56x | ZAC-379.70 Million | ZAC681.60 Million | ▼ -131.5% |
| 2007 | 1.77x | ZAC924.70 Million | ZAC523.00 Million | ▲ +93.4% |
| 2006 | 0.91x | ZAC372.70 Million | ZAC407.60 Million | ▼ -15.4% |
| 2005 | 1.08x | ZAC370.50 Million | ZAC342.60 Million | — |