Novae Group Plc (NVAL) — Cash Flow Quality Index
Novae Group Plc (NVAL) has a Cash Flow Quality Index of 1.77x as of June 2026. Operating cash flow of €48.11 Billion exceeds net income of €27.20 Billion, indicating high earnings quality where cash backs reported profits. Explore Novae Group Plc cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Novae Group Plc Cash Flow Quality Index (2016–2025)
Historical Cash Flow Quality Index for Novae Group Plc across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Novae Group Plc cash conversion from operations.
Annual Cash Flow Quality Index for Novae Group Plc (2016–2025)
Year-by-year earnings quality comparison for Novae Group Plc.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.50x | €150.40 Billion | €60.27 Billion | ▼ -2.8% |
| 2024 | 2.57x | €202.30 Billion | €78.82 Billion | ▲ +29.6% |
| 2023 | 1.98x | €151.85 Billion | €76.71 Billion | ▼ -14.9% |
| 2022 | 2.33x | €164.92 Billion | €70.90 Billion | ▼ -17.9% |
| 2021 | 2.83x | €110.07 Billion | €38.86 Billion | ▼ -25.9% |
| 2020 | 3.82x | €86.67 Billion | €22.66 Billion | ▲ +71.0% |
| 2019 | 2.24x | €109.17 Billion | €48.80 Billion | ▼ -23.6% |
| 2018 | 2.93x | €106.06 Billion | €36.21 Billion | ▼ -33.3% |
| 2017 | 4.39x | €90.39 Billion | €20.58 Billion | ▼ -29.8% |
| 2016 | 6.26x | €80.48 Billion | €12.86 Billion | — |