Macerich Company (MAC) — Cash Flow Quality Index
Latest as of June 2024:
0.41x
Macerich Company (MAC) has a Cash Flow Quality Index of 0.41x as of June 2024. Operating cash flow of $104.19 Million is below net income of $251.61 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore MAC operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.41x
Operating CF / Net Income
Operating Cash Flow
$104.19 Million
USD
Net Income
$251.61 Million
USD
Data as of
Jun 2024
Most recent filing
Macerich Company Cash Flow Quality Index (1994–2021)
Historical Cash Flow Quality Index for Macerich Company across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see MAC cash flow conversion.
Annual Cash Flow Quality Index for Macerich Company (1994–2021)
Year-by-year earnings quality comparison for Macerich Company.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2021 | 17.72x | $286.37 Million | $16.16 Million | ▲ +411.6% |
| 2019 | 3.46x | $355.16 Million | $102.55 Million | ▼ -30.6% |
| 2018 | 4.99x | $344.31 Million | $68.97 Million | ▲ +108.9% |
| 2017 | 2.39x | $386.39 Million | $161.67 Million | ▲ +217.6% |
| 2016 | 0.75x | $417.51 Million | $554.84 Million | ▼ -27.2% |
| 2015 | 1.03x | $540.38 Million | $522.91 Million | ▲ +314.4% |
| 2014 | 0.25x | $400.71 Million | $1.61 Billion | ▼ -73.5% |
| 2013 | 0.94x | $422.04 Million | $448.96 Million | ▼ -2.0% |
| 2012 | 0.96x | $351.30 Million | $366.39 Million | ▼ -31.7% |
| 2011 | 1.40x | $237.28 Million | $169.07 Million | ▼ -80.1% |
| 2010 | 7.05x | $200.44 Million | $28.42 Million | ▲ +712.4% |
| 2009 | 0.87x | $120.89 Million | $139.25 Million | ▼ -35.4% |
| 2008 | 1.34x | $251.95 Million | $187.44 Million | ▼ -64.6% |
| 2007 | 3.80x | $326.07 Million | $85.81 Million | ▲ +356.0% |
| 2006 | 0.83x | $211.85 Million | $254.19 Million | ▼ -74.0% |
| 2005 | 3.21x | $235.30 Million | $73.35 Million | ▲ +53.9% |
| 2004 | 2.08x | $194.38 Million | $93.28 Million | ▲ +23.8% |
| 2003 | 1.68x | $215.75 Million | $128.19 Million | ▼ -12.3% |
| 2002 | 1.92x | $163.18 Million | $84.99 Million | ▲ +9.0% |
| 2001 | 1.76x | $140.51 Million | $79.76 Million | ▼ -16.8% |
| 2000 | 2.12x | $121.22 Million | $57.23 Million | ▲ +98.0% |
| 1999 | 1.07x | $139.58 Million | $130.49 Million | ▼ -41.6% |
| 1998 | 1.83x | $85.18 Million | $46.51 Million | ▼ -47.3% |
| 1997 | 3.47x | $78.48 Million | $22.60 Million | ▼ -17.0% |
| 1996 | 4.18x | $80.43 Million | $19.23 Million | ▲ +17.4% |
| 1995 | 3.56x | $44.90 Million | $12.60 Million | ▲ +1.1% |
| 1994 | 3.52x | $30.30 Million | $8.60 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.