HSBC Holdings PLC (HSBA) — Cash Flow Quality Index
Latest as of December 2022:
0.09x
HSBC Holdings PLC (HSBA) has a Cash Flow Quality Index of 0.09x as of December 2022. Operating cash flow of GBX424.00 Million is below net income of GBX4.50 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore HSBC Holdings PLC (HSBA) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.09x
Operating CF / Net Income
Operating Cash Flow
GBX424.00 Million
GBX
Net Income
GBX4.50 Billion
GBX
Data as of
Dec 2022
Most recent filing
HSBC Holdings PLC Cash Flow Quality Index (1992–2025)
Historical Cash Flow Quality Index for HSBC Holdings PLC across 38 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see HSBA operating cash flow.
Annual Cash Flow Quality Index for HSBC Holdings PLC (1992–2025)
Year-by-year earnings quality comparison for HSBC Holdings PLC.
| Year | Quality Index | Operating CF (GBX) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.00x | GBX29.77 Billion | GBX29.91 Billion | ▼ -50.8% |
| 2024 | 2.02x | GBX65.31 Billion | GBX32.31 Billion | ▲ +56.8% |
| 2023 | 1.29x | GBX39.11 Billion | GBX30.35 Billion | ▼ -14.5% |
| 2023 | 1.51x | GBX26.43 Billion | GBX17.53 Billion | ▲ +0.0% |
| 2022 | 1.51x | GBX26.43 Billion | GBX17.53 Billion | ▼ -72.7% |
| 2022 | 5.52x | GBX104.31 Billion | GBX18.91 Billion | ▲ +0.0% |
| 2021 | 5.52x | GBX104.31 Billion | GBX18.91 Billion | ▼ -73.4% |
| 2021 | 20.76x | GBX182.22 Billion | GBX8.78 Billion | ▲ +0.0% |
| 2020 | 20.76x | GBX182.22 Billion | GBX8.78 Billion | ▲ +831.6% |
| 2020 | 2.23x | GBX29.74 Billion | GBX13.35 Billion | ▲ +0.0% |
| 2019 | 2.23x | GBX29.74 Billion | GBX13.35 Billion | ▲ +585.2% |
| 2018 | 0.33x | GBX6.47 Billion | GBX19.89 Billion | ▲ +153.3% |
| 2017 | -0.61x | GBX-10.48 Billion | GBX17.17 Billion | ▼ -106.3% |
| 2016 | 9.70x | GBX68.96 Billion | GBX7.11 Billion | ▲ +182.4% |
| 2015 | 3.43x | GBX64.78 Billion | GBX18.87 Billion | ▲ +400.1% |
| 2014 | -1.14x | GBX-21.37 Billion | GBX18.68 Billion | ▼ -106.9% |
| 2013 | 16.54x | GBX44.98 Billion | GBX2.72 Billion | ▲ +3829.2% |
| 2012 | -0.44x | GBX-9.16 Billion | GBX20.65 Billion | ▼ -112.2% |
| 2011 | 3.65x | GBX79.76 Billion | GBX21.87 Billion | ▲ +24.5% |
| 2010 | 2.93x | GBX55.74 Billion | GBX19.04 Billion | ▲ +200.5% |
| 2009 | 0.97x | GBX6.90 Billion | GBX7.08 Billion | ▼ -75.5% |
| 2008 | 3.98x | GBX30.42 Billion | GBX7.65 Billion | ▼ -0.8% |
| 2007 | 4.01x | GBX91.04 Billion | GBX22.71 Billion | ▲ +8.1% |
| 2006 | 3.71x | GBX78.73 Billion | GBX21.24 Billion | ▲ +972.9% |
| 2005 | 0.35x | GBX7.02 Billion | GBX20.32 Billion | ▼ -89.1% |
| 2004 | 3.16x | GBX59.90 Billion | GBX18.94 Billion | ▲ +112.3% |
| 2003 | 1.49x | GBX18.33 Billion | GBX12.30 Billion | ▲ +0.2% |
| 2002 | 1.49x | GBX13.43 Billion | GBX9.04 Billion | ▼ -17.8% |
| 2001 | 1.81x | GBX12.91 Billion | GBX7.14 Billion | ▲ +12.2% |
| 2000 | 1.61x | GBX22.74 Billion | GBX14.11 Billion | ▼ -44.6% |
| 1999 | 2.91x | GBX34.83 Billion | GBX11.98 Billion | ▲ +85.7% |
| 1998 | 1.57x | GBX16.13 Billion | GBX10.30 Billion | ▼ -19.0% |
| 1997 | 1.93x | GBX11.86 Billion | GBX6.14 Billion | ▼ -10.7% |
| 1996 | 2.16x | GBX12.79 Billion | GBX5.91 Billion | ▲ +129.3% |
| 1995 | 0.94x | GBX4.91 Billion | GBX5.20 Billion | ▲ +305.1% |
| 1994 | -0.46x | GBX-1.95 Billion | GBX4.24 Billion | ▼ -109.2% |
| 1993 | 5.00x | GBX16.29 Billion | GBX3.26 Billion | ▲ +631.1% |
| 1992 | -0.94x | GBX-1.61 Billion | GBX1.71 Billion | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.