Shiva Mills Limited (SHIVAMILLS) — 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. Explore SHIVAMILLS operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
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. For the full cash flow conversion analysis, see cash efficiency ratio of Shiva Mills Limited.
Annual Cash Flow Quality Index for Shiva Mills Limited (2017–2022)
Year-by-year earnings quality comparison for Shiva Mills Limited.
| 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 | — |