HICL Infrastructure Company Ltd (HICL) — Cash Flow Quality Index
HICL Infrastructure Company Ltd (HICL) has a Cash Flow Quality Index of 0.54x as of March 2026. Operating cash flow of GBX79.50 Million is below net income of GBX147.10 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore HICL debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
HICL Infrastructure Company Ltd Cash Flow Quality Index (2008–2026)
Historical Cash Flow Quality Index for HICL Infrastructure Company Ltd across 18 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of HICL Infrastructure Company Ltd.
Annual Cash Flow Quality Index for HICL Infrastructure Company Ltd (2008–2026)
Year-by-year earnings quality comparison for HICL Infrastructure Company Ltd.
| Year | Quality Index | Operating CF (GBX) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 0.61x | GBX162.00 Million | GBX266.60 Million | ▼ -78.0% |
| 2025 | 2.76x | GBX126.90 Million | GBX45.90 Million | ▼ -49.7% |
| 2024 | 5.50x | GBX167.70 Million | GBX30.50 Million | ▲ +560.3% |
| 2023 | 0.83x | GBX165.20 Million | GBX198.40 Million | ▲ +91.2% |
| 2022 | 0.44x | GBX160.60 Million | GBX368.70 Million | ▼ -58.1% |
| 2021 | 1.04x | GBX157.90 Million | GBX151.90 Million | ▼ -64.9% |
| 2020 | 2.97x | GBX146.80 Million | GBX49.50 Million | ▲ +482.9% |
| 2019 | 0.51x | GBX145.20 Million | GBX285.40 Million | ▼ -52.6% |
| 2018 | 1.07x | GBX130.60 Million | GBX121.80 Million | ▲ +77.2% |
| 2017 | 0.61x | GBX107.00 Million | GBX176.80 Million | ▼ -8.1% |
| 2016 | 0.66x | GBX103.70 Million | GBX157.40 Million | ▲ +44.0% |
| 2015 | 0.46x | GBX105.70 Million | GBX231.00 Million | ▼ -24.7% |
| 2014 | 0.61x | GBX93.50 Million | GBX153.80 Million | ▼ -74.6% |
| 2013 | 2.40x | GBX132.70 Million | GBX55.40 Million | ▲ +105.4% |
| 2012 | 1.17x | GBX98.20 Million | GBX84.20 Million | ▼ -31.9% |
| 2011 | 1.71x | GBX65.60 Million | GBX38.30 Million | ▲ +26.8% |
| 2010 | 1.35x | GBX10.40 Million | GBX7.70 Million | ▲ +245.2% |
| 2008 | 0.39x | GBX3.60 Million | GBX9.20 Million | — |