Merlin Properties SOCIMI SA (MRL) — Cash Flow Quality Index
Merlin Properties SOCIMI SA (MRL) has a Cash Flow Quality Index of 0.95x as of June 2024. Operating cash flow of €62.82 Million is below net income of €66.38 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Merlin Properties SOCIMI SA service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Merlin Properties SOCIMI SA Cash Flow Quality Index (2014–2025)
Historical Cash Flow Quality Index for Merlin Properties SOCIMI SA across 11 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Merlin Properties SOCIMI SA cash conversion from operations.
Annual Cash Flow Quality Index for Merlin Properties SOCIMI SA (2014–2025)
Year-by-year earnings quality comparison for Merlin Properties SOCIMI SA.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.17x | €138.33 Million | €813.25 Million | ▼ -62.2% |
| 2024 | 0.45x | €133.06 Million | €295.95 Million | ▼ -90.3% |
| 2022 | 4.61x | €222.16 Million | €48.16 Million | ▲ +938.5% |
| 2021 | 0.44x | €230.47 Million | €518.80 Million | ▼ -81.7% |
| 2020 | 2.42x | €134.66 Million | €55.61 Million | ▲ +385.1% |
| 2019 | 0.50x | €294.86 Million | €590.71 Million | ▲ +79.1% |
| 2018 | 0.28x | €254.44 Million | €913.02 Million | ▼ -55.4% |
| 2017 | 0.62x | €695.83 Million | €1.11 Billion | ▲ +554.6% |
| 2016 | -0.14x | €-81.47 Million | €592.62 Million | ▼ -111.7% |
| 2015 | 1.17x | €67.30 Million | €57.28 Million | ▲ +113.4% |
| 2014 | 0.55x | €27.93 Million | €50.71 Million | — |