Shiva Mills Limited (SHIVAMILLS) — Cash Flow Quality Index

Latest as of March 2024: -38.70x

Shiva Mills Limited (SHIVAMILLS) has a Cash Flow Quality Index of -38.70x as of March 2024. Operating cash flow of Rs-173.08 Million is below net income of Rs4.47 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how much of Shiva Mills Limited's assets are long-term investments to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-38.70x
Operating CF / Net Income

Operating Cash Flow

Rs-173.08 Million
INR

Net Income

Rs4.47 Million
INR

Data as of

Mar 2024
Most recent filing

Shiva Mills Limited Cash Flow Quality Index (2017–2022)

Historical Cash Flow Quality Index for Shiva Mills Limited across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Shiva Mills Limited (SHIVAMILLS) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Shiva Mills Limited (2017–2022)

Year-by-year earnings quality comparison for Shiva Mills Limited. For live market cap and the full company financial profile, see SHIVAMILLS market cap.

Year Quality Index Operating CF (INR) Net Income YoY Change
2022 -0.13x Rs-31.02 Million Rs245.04 Million ▼ -103.6%
2021 3.49x Rs425.82 Million Rs122.17 Million ▼ -67.8%
2020 10.84x Rs163.51 Million Rs15.09 Million ▲ +363.3%
2019 2.34x Rs177.65 Million Rs75.96 Million ▼ -27.3%
2018 3.22x Rs191.28 Million Rs59.48 Million ▲ +390.9%
2017 0.66x Rs68.59 Million Rs104.70 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.