Vineet Laboratories Limited (VINEETLAB) — Cash Flow Quality Index

Latest as of September 2023: 0.51x

Vineet Laboratories Limited (VINEETLAB) has a Cash Flow Quality Index of 0.51x as of September 2023. Operating cash flow of Rs12.24 Million is below net income of Rs24.19 Million, suggesting accrual-heavy earnings not yet converted to cash. Also explore Vineet Laboratories Limited asset portfolio for the complete picture of this company's asset base.

Cash Flow Quality Index

0.51x
Operating CF / Net Income

Operating Cash Flow

Rs12.24 Million
INR

Net Income

Rs24.19 Million
INR

Data as of

Sep 2023
Most recent filing

Vineet Laboratories Limited Cash Flow Quality Index (2021–2024)

Historical Cash Flow Quality Index for Vineet Laboratories Limited across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Vineet Laboratories Limited (VINEETLAB) tangible net worth to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Vineet Laboratories Limited (2021–2024)

Year-by-year earnings quality comparison for Vineet Laboratories Limited. For live market cap and the full company financial profile, see how much is Vineet Laboratories Limited worth.

Year Quality Index Operating CF (INR) Net Income YoY Change
2024 -6.44x Rs-66.11 Million Rs10.27 Million ▼ -35.9%
2023 -4.74x Rs-96.16 Million Rs20.30 Million ▼ -673.9%
2022 0.83x Rs77.15 Million Rs93.45 Million ▲ +138.5%
2021 -2.15x Rs-87.12 Million Rs40.58 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.