Light S.A (LIGT3) — Cash Flow Quality Index
Light S.A (LIGT3) has a Cash Flow Quality Index of -1.30x as of September 2025. Operating cash flow of R$-108.30 Million is below net income of R$83.53 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Light S.A strategic investment ratio to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Light S.A Cash Flow Quality Index (2005–2024)
Historical Cash Flow Quality Index for Light S.A across 16 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible equity quality of Light S.A to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Light S.A (2005–2024)
Year-by-year earnings quality comparison for Light S.A. For live market cap and the full company financial profile, see LIGT3 market cap.
| Year | Quality Index | Operating CF (BRL) | Net Income | YoY Change |
|---|---|---|---|---|
| 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 | — |