Havila Shipping ASA (HAVI) — Cash Flow Quality Index

Latest as of September 2025: 4.01x

Havila Shipping ASA (HAVI) has a Cash Flow Quality Index of 4.01x as of September 2025. Operating cash flow of Nkr146.44 Million exceeds net income of Nkr36.48 Million, indicating high earnings quality where cash backs reported profits. Explore HAVI long-term asset investment ratio to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

4.01x
Operating CF / Net Income

Operating Cash Flow

Nkr146.44 Million
NOK

Net Income

Nkr36.48 Million
NOK

Data as of

Sep 2025
Most recent filing

Havila Shipping ASA Cash Flow Quality Index (2004–2024)

Historical Cash Flow Quality Index for Havila Shipping ASA across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how tangible is Havila Shipping ASA's equity to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Havila Shipping ASA (2004–2024)

Year-by-year earnings quality comparison for Havila Shipping ASA. For live market cap and the full company financial profile, see HAVI stock market capitalisation.

Year Quality Index Operating CF (NOK) Net Income YoY Change
2024 22.00x Nkr229.64 Million Nkr10.44 Million ▲ +2498.7%
2023 0.85x Nkr95.77 Million Nkr113.11 Million ▼ -55.9%
2021 1.92x Nkr126.47 Million Nkr65.81 Million ▲ +1571.7%
2020 0.11x Nkr134.50 Million Nkr1.17 Billion ▲ +138.7%
2017 -0.30x Nkr-227.13 Million Nkr764.90 Million ▼ -103.1%
2014 9.51x Nkr376.72 Million Nkr39.62 Million ▲ +187.2%
2013 3.31x Nkr309.39 Million Nkr93.45 Million ▼ -70.0%
2012 11.03x Nkr196.09 Million Nkr17.77 Million ▲ +86.8%
2010 5.91x Nkr76.79 Million Nkr13.00 Million ▲ +1396.8%
2009 0.39x Nkr212.07 Million Nkr537.27 Million ▼ -43.1%
2008 0.69x Nkr212.96 Million Nkr306.83 Million ▼ -47.4%
2007 1.32x Nkr448.85 Million Nkr340.00 Million ▲ +44.6%
2006 0.91x Nkr317.45 Million Nkr347.78 Million ▼ -18.9%
2005 1.13x Nkr175.15 Million Nkr155.64 Million ▲ +8.4%
2004 1.04x Nkr54.31 Million Nkr52.32 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.