Sandvik AB (SAND) — Cash Flow Quality Index
Latest as of March 2026:
0.91x
Sandvik AB (SAND) has a Cash Flow Quality Index of 0.91x as of March 2026. Operating cash flow of Skr4.61 Billion is below net income of Skr5.09 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore Sandvik AB (SAND) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
0.91x
Operating CF / Net Income
Operating Cash Flow
Skr4.61 Billion
SEK
Net Income
Skr5.09 Billion
SEK
Data as of
Mar 2026
Most recent filing
Sandvik AB Cash Flow Quality Index (2002–2025)
Historical Cash Flow Quality Index for Sandvik AB across 23 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see SAND operating cash flow.
Annual Cash Flow Quality Index for Sandvik AB (2002–2025)
Year-by-year earnings quality comparison for Sandvik AB.
| Year | Quality Index | Operating CF (SEK) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.36x | Skr19.91 Billion | Skr14.69 Billion | ▲ +8.3% |
| 2024 | 1.25x | Skr20.61 Billion | Skr16.46 Billion | ▲ +31.8% |
| 2023 | 0.95x | Skr18.80 Billion | Skr19.79 Billion | ▲ +94.6% |
| 2022 | 0.49x | Skr10.46 Billion | Skr21.44 Billion | ▼ -31.7% |
| 2021 | 0.71x | Skr13.18 Billion | Skr18.45 Billion | ▼ -47.7% |
| 2020 | 1.37x | Skr15.35 Billion | Skr11.24 Billion | ▼ -7.6% |
| 2019 | 1.48x | Skr17.65 Billion | Skr11.95 Billion | ▲ +71.9% |
| 2018 | 0.86x | Skr14.91 Billion | Skr17.35 Billion | ▲ +2.1% |
| 2017 | 0.84x | Skr14.29 Billion | Skr16.97 Billion | ▼ -44.0% |
| 2016 | 1.50x | Skr12.03 Billion | Skr8.00 Billion | ▼ -48.9% |
| 2015 | 2.94x | Skr11.95 Billion | Skr4.06 Billion | ▲ +155.7% |
| 2014 | 1.15x | Skr9.52 Billion | Skr8.26 Billion | ▲ +51.5% |
| 2013 | 0.76x | Skr5.13 Billion | Skr6.75 Billion | ▼ -26.4% |
| 2012 | 1.03x | Skr11.89 Billion | Skr11.52 Billion | ▲ +8.8% |
| 2011 | 0.95x | Skr7.76 Billion | Skr8.18 Billion | ▼ -26.5% |
| 2010 | 1.29x | Skr12.15 Billion | Skr9.41 Billion | ▲ +4.6% |
| 2008 | 1.23x | Skr9.67 Billion | Skr7.84 Billion | ▲ +192.9% |
| 2007 | 0.42x | Skr5.48 Billion | Skr13.00 Billion | ▼ -42.7% |
| 2006 | 0.74x | Skr8.17 Billion | Skr11.11 Billion | ▼ -10.8% |
| 2005 | 0.82x | Skr7.27 Billion | Skr8.82 Billion | ▼ -31.1% |
| 2004 | 1.20x | Skr5.32 Billion | Skr4.45 Billion | ▼ -48.1% |
| 2003 | 2.30x | Skr6.42 Billion | Skr2.79 Billion | ▲ +10.1% |
| 2002 | 2.09x | Skr7.19 Billion | Skr3.44 Billion | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.