Reliance Industries Limited (RIGD) — Cash Flow Quality Index

Latest as of March 2025: 4.48x

Reliance Industries Limited (RIGD) has a Cash Flow Quality Index of 4.48x as of March 2025. Operating cash flow of $868.93 Billion exceeds net income of $194.07 Billion, indicating high earnings quality where cash backs reported profits. Explore RIGD cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

4.48x
Operating CF / Net Income

Operating Cash Flow

$868.93 Billion
USD

Net Income

$194.07 Billion
USD

Data as of

Mar 2025
Most recent filing

Reliance Industries Limited Cash Flow Quality Index (2005–2026)

Historical Cash Flow Quality Index for Reliance Industries Limited across 22 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Reliance Industries Limited.

Annual Cash Flow Quality Index for Reliance Industries Limited (2005–2026)

Year-by-year earnings quality comparison for Reliance Industries Limited.

Year Quality Index Operating CF (USD) Net Income YoY Change
2026 1.56x $1.92 Trillion $1.23 Trillion ▼ -29.5%
2025 2.21x $1.54 Trillion $696.48 Billion ▲ +16.4%
2024 1.90x $1.32 Trillion $696.21 Billion ▲ +56.7%
2023 1.21x $1.15 Trillion $948.01 Billion ▼ -7.7%
2022 1.32x $1.11 Trillion $841.42 Billion ▲ +178.5%
2021 0.47x $261.85 Billion $554.61 Billion ▼ -74.2%
2020 1.83x $980.74 Billion $536.06 Billion ▲ +253.6%
2019 0.52x $204.81 Billion $395.88 Billion ▼ -66.7%
2018 1.56x $561.21 Billion $360.75 Billion ▲ +22.1%
2017 1.27x $380.85 Billion $299.01 Billion ▲ +16.3%
2016 1.10x $325.84 Billion $297.45 Billion ▼ -25.9%
2015 1.48x $348.28 Billion $235.66 Billion ▼ -25.1%
2014 1.97x $443.71 Billion $224.93 Billion ▲ +6.5%
2013 1.85x $385.64 Billion $208.25 Billion ▲ +66.2%
2012 1.11x $219.77 Billion $197.24 Billion ▼ -32.5%
2011 1.65x $318.25 Billion $192.94 Billion ▲ +112.2%
2010 0.78x $190.50 Billion $245.03 Billion ▼ -9.9%
2009 0.86x $129.18 Billion $149.71 Billion ▲ +19.6%
2008 0.72x $141.19 Billion $195.68 Billion ▼ -43.8%
2007 1.28x $155.09 Billion $120.75 Billion ▲ +30.7%
2006 0.98x $92.33 Billion $93.98 Billion ▼ -52.2%
2005 2.05x $156.68 Billion $76.28 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.