Havila Shipping ASA Cash Flow Quality Index
Havila Shipping ASA cash flow quality index. Havila Shipping ASA (HAVI) has a Cash Flow Quality Index of 24.25x as of December 2025. Operating cash flow of Nkr248.83 Million exceeds net income of Nkr10.26 Million, indicating high earnings quality where cash backs reported profits. Explore how well can Havila Shipping ASA service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Havila Shipping ASA (2004–2025)
Cash flow quality index of Havila Shipping ASA from 2004 to 2025. Historical Cash Flow Quality Index for Havila Shipping ASA across 16 annual periods. Values consistently above 1.0x indicate high-quality earnings. See Havila Shipping ASA (HAVI) balance sheet quality index to measure how much of total assets are equity-financed.
Havila Shipping ASA Cash Flow Quality Index by Year (2004–2025)
Havila Shipping ASA cash flow quality index by year from 2004 to 2025. Year-by-year earnings quality comparison for Havila Shipping ASA. For the full cash flow conversion analysis, see Havila Shipping ASA operating cash flow efficiency.
| Year | Quality Index | Operating CF (NOK) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 24.25x | Nkr248.83 Million | Nkr10.26 Million | ▲ +10.2% |
| 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 | — |