Arad Investment & Industrial Development Ltd (ARAD) — Cash Flow Quality Index

Latest as of September 2024: 2.73x

Arad Investment & Industrial Development Ltd (ARAD) has a Cash Flow Quality Index of 2.73x as of September 2024. Operating cash flow of ILA88.92 Million exceeds net income of ILA32.56 Million, indicating high earnings quality where cash backs reported profits. Explore ARAD long-term investments to assets to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

2.73x
Operating CF / Net Income

Operating Cash Flow

ILA88.92 Million
ILA

Net Income

ILA32.56 Million
ILA

Data as of

Sep 2024
Most recent filing

Arad Investment & Industrial Development Ltd Cash Flow Quality Index (2008–2023)

Historical Cash Flow Quality Index for Arad Investment & Industrial Development Ltd across 16 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check how tangible is Arad Investment & Industrial Development's equity to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Arad Investment & Industrial Development Ltd (2008–2023)

Year-by-year earnings quality comparison for Arad Investment & Industrial Development Ltd. For live market cap and the full company financial profile, see Arad Investment & Industrial Development market capitalisation.

Year Quality Index Operating CF (ILA) Net Income YoY Change
2023 1.10x ILA607.91 Million ILA552.11 Million ▲ +73.3%
2022 0.64x ILA406.03 Million ILA638.96 Million ▼ 0.0%
2021 0.64x ILA557.96 Million ILA877.96 Million ▼ -61.3%
2020 1.64x ILA598.26 Million ILA364.31 Million ▲ +194.9%
2019 0.56x ILA357.68 Million ILA642.32 Million ▼ -26.0%
2018 0.75x ILA348.96 Million ILA463.81 Million ▲ +5.4%
2017 0.71x ILA276.68 Million ILA387.43 Million ▲ +38.5%
2016 0.52x ILA214.20 Million ILA415.28 Million ▼ -58.2%
2015 1.24x ILA272.14 Million ILA220.36 Million ▲ +11.7%
2014 1.11x ILA138.78 Million ILA125.50 Million ▲ +416.7%
2013 -0.35x ILA-34.63 Million ILA99.19 Million ▼ -122.0%
2012 1.59x ILA100.27 Million ILA63.13 Million ▲ +160.5%
2011 0.61x ILA58.42 Million ILA95.82 Million ▼ -50.8%
2010 1.24x ILA118.09 Million ILA95.38 Million ▼ -59.8%
2009 3.08x ILA149.48 Million ILA48.48 Million ▲ +228.0%
2008 0.94x ILA41.05 Million ILA43.67 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.