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. Explore AKSHAR debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see cash efficiency ratio of Akshar Spintex Limited.
Annual Cash Flow Quality Index for Akshar Spintex Limited (2015–2024)
Year-by-year earnings quality comparison for Akshar Spintex Limited.
| 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 | — |