Merchants Trust PLC (MRCH) — Cash Flow Quality Index
Merchants Trust PLC (MRCH) has a Cash Flow Quality Index of 0.16x as of January 2026. Operating cash flow of GBX18.80 Million is below net income of GBX117.05 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Merchants Trust PLC (MRCH) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Merchants Trust PLC Cash Flow Quality Index (2012–2026)
Historical Cash Flow Quality Index for Merchants Trust PLC across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Merchants Trust PLC cash flow conversion.
Annual Cash Flow Quality Index for Merchants Trust PLC (2012–2026)
Year-by-year earnings quality comparison for Merchants Trust PLC.
| Year | Quality Index | Operating CF (GBX) | Net Income | YoY Change |
|---|---|---|---|---|
| 2026 | 0.40x | GBX64.18 Million | GBX162.41 Million | ▲ +33.6% |
| 2025 | 0.30x | GBX32.69 Million | GBX110.46 Million | ▲ +124.8% |
| 2023 | -1.19x | GBX-53.26 Million | GBX44.67 Million | ▼ -1694.6% |
| 2022 | 0.07x | GBX13.90 Million | GBX185.94 Million | ▼ -74.3% |
| 2020 | 0.29x | GBX33.18 Million | GBX113.87 Million | ▼ -40.6% |
| 2018 | 0.49x | GBX41.21 Million | GBX83.98 Million | ▼ -7.1% |
| 2017 | 0.53x | GBX43.62 Million | GBX82.62 Million | ▲ +26.6% |
| 2015 | 0.42x | GBX17.67 Million | GBX42.38 Million | ▲ +86.4% |
| 2014 | 0.22x | GBX17.74 Million | GBX79.32 Million | ▲ +29.1% |
| 2013 | 0.17x | GBX17.27 Million | GBX99.71 Million | ▼ -91.3% |
| 2012 | 1.99x | GBX14.20 Million | GBX7.13 Million | — |