VEON Ltd (VEON) — Cash Flow Quality Index

Latest as of June 2025: 0.23x

VEON Ltd (VEON) has a Cash Flow Quality Index of 0.23x as of June 2025. Operating cash flow of $136.00 Million is below net income of $595.00 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore cash flow to debt ratio of VEON Ltd to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.23x
Operating CF / Net Income

Operating Cash Flow

$136.00 Million
USD

Net Income

$595.00 Million
USD

Data as of

Jun 2025
Most recent filing

VEON Ltd Cash Flow Quality Index (2001–2024)

Historical Cash Flow Quality Index for VEON Ltd across 17 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see VEON Ltd cash flow conversion.

Annual Cash Flow Quality Index for VEON Ltd (2001–2024)

Year-by-year earnings quality comparison for VEON Ltd.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 2.77x $1.15 Billion $415.00 Million ▼ -28.9%
2023 3.90x $2.56 Billion $656.00 Million ▼ -88.9%
2021 35.17x $2.64 Billion $75.00 Million ▼ -62.6%
2020 93.96x $2.44 Billion $26.00 Million ▲ +3662.9%
2019 2.50x $2.95 Billion $1.18 Billion ▼ -47.0%
2012 4.72x $7.26 Billion $1.54 Billion ▼ -58.1%
2011 11.24x $6.11 Billion $543.00 Million ▲ +448.6%
2010 2.05x $3.70 Billion $1.81 Billion ▼ -34.5%
2009 3.13x $3.51 Billion $1.12 Billion ▼ -52.0%
2008 6.53x $3.46 Billion $530.49 Million ▲ +214.2%
2007 2.08x $3.04 Billion $1.46 Billion ▼ -14.5%
2006 2.43x $1.97 Billion $811.49 Million ▲ +15.1%
2005 2.11x $1.30 Billion $615.13 Million ▼ -8.2%
2004 2.30x $805.41 Million $350.40 Million ▲ +5.1%
2003 2.19x $511.88 Million $233.96 Million ▲ +27.8%
2002 1.71x $221.72 Million $129.55 Million ▼ -19.9%
2001 2.14x $101.06 Million $47.30 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.