Deep Industries Limited (DEEPINDS) — Cash Flow Quality Index

Latest as of December 2023: 0.66x

Deep Industries Limited (DEEPINDS) has a Cash Flow Quality Index of 0.66x as of December 2023. Operating cash flow of Rs179.57 Million is below net income of Rs271.74 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore Deep Industries Limited (DEEPINDS) total assets for the complete picture of this company's asset base.

Cash Flow Quality Index

0.66x
Operating CF / Net Income

Operating Cash Flow

Rs179.57 Million
INR

Net Income

Rs271.74 Million
INR

Data as of

Dec 2023
Most recent filing

Deep Industries Limited Cash Flow Quality Index (2018–2024)

Historical Cash Flow Quality Index for Deep Industries Limited across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of Deep Industries Limited to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Deep Industries Limited (2018–2024)

Year-by-year earnings quality comparison for Deep Industries Limited. For live market cap and the full company financial profile, see Deep Industries Limited stock valuation.

Year Quality Index Operating CF (INR) Net Income YoY Change
2024 2.06x Rs2.55 Billion Rs1.24 Billion ▲ +253.8%
2023 0.58x Rs881.07 Million Rs1.52 Billion ▼ -3.6%
2022 0.60x Rs546.41 Million Rs907.02 Million ▼ -64.0%
2020 1.67x Rs471.07 Million Rs281.48 Million ▼ -19.2%
2019 2.07x Rs918.75 Million Rs443.62 Million ▲ +21.4%
2018 1.71x Rs2.00 Billion Rs1.17 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.