Light S.A (LIGT3) — Cash Flow Quality Index
Latest as of March 2026:
-0.05x
Light S.A (LIGT3) has a Cash Flow Quality Index of -0.05x as of March 2026. Operating cash flow of R$-143.85 Million is below net income of R$2.82 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore Light S.A debt service capacity to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
-0.05x
Operating CF / Net Income
Operating Cash Flow
R$-143.85 Million
BRL
Net Income
R$2.82 Billion
BRL
Data as of
Mar 2026
Most recent filing
Light S.A Cash Flow Quality Index (2005–2025)
Historical Cash Flow Quality Index for Light S.A across 17 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Light S.A (LIGT3) cash conversion ratio.
Annual Cash Flow Quality Index for Light S.A (2005–2025)
Year-by-year earnings quality comparison for Light S.A.
| Year | Quality Index | Operating CF (BRL) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 3.30x | R$703.72 Million | R$213.09 Million | ▲ +168.1% |
| 2024 | 1.23x | R$2.15 Billion | R$1.75 Billion | ▼ -27.9% |
| 2023 | 1.71x | R$1.40 Billion | R$816.55 Million | ▼ -23.3% |
| 2020 | 2.23x | R$2.33 Billion | R$1.05 Billion | ▲ +881.2% |
| 2019 | 0.23x | R$451.55 Million | R$1.99 Billion | ▲ +70.4% |
| 2018 | 0.13x | R$41.49 Million | R$311.39 Million | ▲ +54.5% |
| 2017 | 0.09x | R$25.75 Million | R$298.48 Million | ▼ -98.9% |
| 2015 | 7.88x | R$979.48 Million | R$124.23 Million | ▲ +1159.3% |
| 2014 | 0.63x | R$585.47 Million | R$935.13 Million | ▼ -62.4% |
| 2013 | 1.67x | R$1.42 Billion | R$852.10 Million | ▲ +84.2% |
| 2012 | 0.90x | R$541.16 Million | R$598.38 Million | ▼ -20.4% |
| 2011 | 1.14x | R$472.01 Million | R$415.54 Million | ▼ -15.0% |
| 2010 | 1.34x | R$1.23 Billion | R$922.62 Million | ▼ -23.4% |
| 2009 | 1.74x | R$1.05 Billion | R$604.83 Million | ▲ +29.9% |
| 2008 | 1.34x | R$1.31 Billion | R$974.45 Million | ▼ -5.5% |
| 2007 | 1.42x | R$1.53 Billion | R$1.08 Billion | ▲ +321.5% |
| 2005 | -0.64x | R$-155.78 Million | R$242.84 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.