Shiva Mills Limited Cash Flow Quality Index
Shiva Mills Limited cash flow quality index. 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. See SHIVAMILLS 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 Shiva Mills Limited (2017–2022)
Cash flow quality index of Shiva Mills Limited from 2017 to 2022. Historical Cash Flow Quality Index for Shiva Mills Limited across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore how well can Shiva Mills Limited service its debt to assess how comfortably operating cash covers total debt obligations.
Shiva Mills Limited Cash Flow Quality Index by Year (2017–2022)
Shiva Mills Limited cash flow quality index by year from 2017 to 2022. Year-by-year earnings quality comparison for Shiva Mills Limited. For the full cash flow conversion analysis, see Shiva Mills Limited (SHIVAMILLS) cash flow conversion.
| 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 | — |