Happiest Minds Technologies Limited Cash Flow Quality Index
Happiest Minds Technologies Limited cash flow quality index. Happiest Minds Technologies Limited (HAPPSTMNDS) has a Cash Flow Quality Index of 0.50x as of December 2023. Operating cash flow of Rs296.20 Million is below net income of Rs596.20 Million, suggesting accrual-heavy earnings not yet converted to cash. See Happiest Minds Technologies Limited financial flexibility index to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Happiest Minds Technologies Limited (2016–2025)
Cash flow quality index of Happiest Minds Technologies Limited from 2016 to 2025. Historical Cash Flow Quality Index for Happiest Minds Technologies Limited across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore Happiest Minds Technologies Limited (HAPPSTMNDS) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Happiest Minds Technologies Limited Cash Flow Quality Index by Year (2016–2025)
Happiest Minds Technologies Limited cash flow quality index by year from 2016 to 2025. Year-by-year earnings quality comparison for Happiest Minds Technologies Limited. For the full cash flow conversion analysis, see how efficiently does Happiest Minds Technologies Limited generate cash.
| Year | Quality Index | Operating CF (INR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.28x | Rs2.36 Billion | Rs1.85 Billion | ▲ +49.6% |
| 2024 | 0.86x | Rs2.13 Billion | Rs2.48 Billion | ▲ +28.0% |
| 2023 | 0.67x | Rs2.07 Billion | Rs3.10 Billion | ▼ -2.2% |
| 2022 | 0.68x | Rs1.68 Billion | Rs2.46 Billion | ▼ -11.2% |
| 2021 | 0.77x | Rs1.43 Billion | Rs1.86 Billion | ▼ -49.5% |
| 2020 | 1.52x | Rs1.12 Billion | Rs736.10 Million | ▼ -65.7% |
| 2019 | 4.44x | Rs576.20 Million | Rs129.80 Million | ▲ +265.1% |
| 2017 | -2.69x | Rs-114.00 Million | Rs42.40 Million | ▼ -10.8% |
| 2016 | -2.43x | Rs-132.30 Million | Rs54.50 Million | — |