REN - Redes Energéticas Nacionais SGPS S.A (RENE) — Cash Flow Quality Index

Latest as of June 2023: -2.60x

REN - Redes Energéticas Nacionais SGPS S.A (RENE) has a Cash Flow Quality Index of -2.60x as of June 2023. Operating cash flow of €-130.54 Million is below net income of €50.25 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore long-term investment intensity of REN - Redes Energéticas Nacionais SGPS S to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-2.60x
Operating CF / Net Income

Operating Cash Flow

€-130.54 Million
EUR

Net Income

€50.25 Million
EUR

Data as of

Jun 2023
Most recent filing

REN - Redes Energéticas Nacionais SGPS S.A Cash Flow Quality Index (2003–2021)

Historical Cash Flow Quality Index for REN - Redes Energéticas Nacionais SGPS S.A across 19 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of REN - Redes Energéticas Nacionais SGPS S to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for REN - Redes Energéticas Nacionais SGPS S.A (2003–2021)

Year-by-year earnings quality comparison for REN - Redes Energéticas Nacionais SGPS S.A. For live market cap and the full company financial profile, see market value of REN - Redes Energéticas Nacionais SGPS S.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2021 7.20x €700.04 Million €97.20 Million ▲ +109.1%
2020 3.44x €376.26 Million €109.25 Million ▲ +19.0%
2019 2.89x €344.17 Million €118.90 Million ▼ -15.3%
2018 3.42x €395.41 Million €115.72 Million ▼ -10.2%
2017 3.80x €479.11 Million €125.92 Million ▲ +21.1%
2016 3.14x €314.71 Million €100.18 Million ▲ +52.3%
2015 2.06x €239.47 Million €116.11 Million ▼ -37.0%
2014 3.28x €369.41 Million €112.78 Million ▼ -21.5%
2013 4.17x €506.29 Million €121.30 Million ▲ +84.7%
2012 2.26x €279.96 Million €123.89 Million ▼ -8.1%
2011 2.46x €296.62 Million €120.58 Million ▼ -50.6%
2010 4.98x €548.80 Million €110.27 Million ▲ +473.9%
2009 0.87x €116.31 Million €134.11 Million ▼ -82.2%
2008 4.87x €621.02 Million €127.41 Million ▲ +92.8%
2007 2.53x €367.03 Million €145.15 Million ▲ +450.1%
2006 0.46x €252.83 Million €550.05 Million ▲ +852.7%
2005 0.05x €5.34 Million €110.66 Million ▼ -38.7%
2004 0.08x €5.45 Million €69.30 Million ▼ -96.5%
2003 2.28x €212.79 Million €93.49 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.