Niraj Ispat Industries Limited (NIRAJISPAT) — Cash Flow Quality Index

Latest as of December 2023: 0.39x

Niraj Ispat Industries Limited (NIRAJISPAT) has a Cash Flow Quality Index of 0.39x as of December 2023. Operating cash flow of Rs842.00K is below net income of Rs2.17 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore NIRAJISPAT current and non-current assets for the complete picture of this company's asset base.

Cash Flow Quality Index

0.39x
Operating CF / Net Income

Operating Cash Flow

Rs842.00K
INR

Net Income

Rs2.17 Million
INR

Data as of

Dec 2023
Most recent filing

Niraj Ispat Industries Limited Cash Flow Quality Index (2010–2025)

Historical Cash Flow Quality Index for Niraj Ispat Industries Limited across 16 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Niraj Ispat Industries Limited (NIRAJISPAT) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Niraj Ispat Industries Limited (2010–2025)

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

Year Quality Index Operating CF (INR) Net Income YoY Change
2025 -3.09x Rs-41.32 Million Rs13.36 Million ▼ -182.7%
2024 -1.09x Rs-8.87 Million Rs8.10 Million ▼ -232.5%
2023 -0.33x Rs-7.33 Million Rs22.28 Million ▼ -127.1%
2022 1.22x Rs12.25 Million Rs10.08 Million ▲ +858.9%
2021 0.13x Rs577.74K Rs4.56 Million ▼ -95.8%
2020 3.01x Rs23.26 Million Rs7.72 Million ▲ +2523.0%
2019 0.11x Rs973.54K Rs8.47 Million ▲ +127.8%
2018 -0.41x Rs-5.26 Million Rs12.73 Million ▼ -157.9%
2017 0.71x Rs10.10 Million Rs14.14 Million ▲ +543.9%
2016 -0.16x Rs-2.23 Million Rs13.88 Million ▲ +26.7%
2015 -0.22x Rs-2.28 Million Rs10.37 Million ▲ +94.5%
2014 -3.99x Rs-19.15 Million Rs4.81 Million ▼ -330.4%
2013 1.73x Rs5.79 Million Rs3.35 Million ▲ +159.3%
2012 -2.92x Rs-12.75 Million Rs4.37 Million ▼ -6721.4%
2011 0.04x Rs232.25K Rs5.27 Million ▼ -96.0%
2010 1.11x Rs3.34 Million Rs3.01 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.