Akshar Spintex Limited Cash Flow Quality Index

Latest as of December 2023: 3.08x

Akshar Spintex Limited 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. See AKSHAR FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.

Cash Flow Quality Index

3.08x
Operating CF / Net Income

Operating Cash Flow

Rs21.41 Million
INR

Net Income

Rs6.96 Million
INR

Data as of

Dec 2023
Most recent filing

Cash Flow Quality Index of Akshar Spintex Limited (2015–2024)

Cash flow quality index of Akshar Spintex Limited from 2015 to 2024. Historical Cash Flow Quality Index for Akshar Spintex Limited across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore AKSHAR cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Akshar Spintex Limited Cash Flow Quality Index by Year (2015–2024)

Akshar Spintex Limited cash flow quality index by year from 2015 to 2024. Year-by-year earnings quality comparison for Akshar Spintex Limited. For the full cash flow conversion analysis, see AKSHAR cash generation efficiency.

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 —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.