Joint Stock Company Kaspi.kz (KSPI) — Cash Flow Quality Index
Joint Stock Company Kaspi.kz (KSPI) has a Cash Flow Quality Index of -4.79x as of December 2025. Operating cash flow of $-1.32 Trillion is below net income of $275.12 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore Joint Stock Company Kaspi.kz (KSPI) cash conversion ratio to assess how effectively this company generates cash.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Joint Stock Company Kaspi.kz Cash Flow Quality Index (2020–2025)
Historical Cash Flow Quality Index for Joint Stock Company Kaspi.kz across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Joint Stock Company Kaspi.kz investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Joint Stock Company Kaspi.kz (2020–2025)
Year-by-year earnings quality comparison for Joint Stock Company Kaspi.kz. For live market cap and the full company financial profile, see KSPI market cap.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.55x | $1.62 Trillion | $1.04 Trillion | ▲ +177.1% |
| 2024 | 0.56x | $581.89 Billion | $1.04 Trillion | ▼ -57.4% |
| 2023 | 1.31x | $1.11 Trillion | $841.35 Billion | ▼ -24.7% |
| 2022 | 1.75x | $1.02 Trillion | $585.03 Billion | ▲ +971.4% |
| 2021 | 0.16x | $70.35 Billion | $431.91 Billion | ▼ -93.1% |
| 2020 | 2.37x | $617.73 Billion | $260.96 Billion | — |