Akshar Spintex Limited (AKSHAR) — Cash Flow Quality Index
Akshar Spintex Limited (AKSHAR) has a Cash Flow Quality Index of 3.08x as of December 2023. Operating cash flow of Rs21.41 Million exceeds net income of Rs6.96 Million, indicating high earnings quality where cash backs reported profits. Also explore AKSHAR asset base for the complete picture of this company's asset base.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Akshar Spintex Limited Cash Flow Quality Index (2015–2024)
Historical Cash Flow Quality Index for Akshar Spintex Limited across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check AKSHAR tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Akshar Spintex Limited (2015–2024)
Year-by-year earnings quality comparison for Akshar Spintex Limited. For live market cap and the full company financial profile, see AKSHAR market cap.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.38x | Rs47.71 Million | Rs34.55 Million | ▲ +594.4% |
| 2022 | 0.20x | Rs19.12 Million | Rs96.16 Million | ▼ -91.0% |
| 2019 | 2.22x | Rs85.35 Million | Rs38.47 Million | ▲ +148.4% |
| 2018 | 0.89x | Rs71.82 Million | Rs80.38 Million | ▼ -4.5% |
| 2017 | 0.94x | Rs57.82 Million | Rs61.82 Million | ▼ -57.6% |
| 2016 | 2.21x | Rs76.63 Million | Rs34.72 Million | ▼ -89.3% |
| 2015 | 20.65x | Rs58.01 Million | Rs2.81 Million | — |