Shapir Engineering Industry (SPEN) — Cash Flow Quality Index
Shapir Engineering Industry (SPEN) has a Cash Flow Quality Index of -3.67x as of September 2025. Operating cash flow of ILA-209.00 Million is below net income of ILA57.00 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore cash flow to debt ratio of Shapir Engineering Industry to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Shapir Engineering Industry Cash Flow Quality Index (2013–2024)
Historical Cash Flow Quality Index for Shapir Engineering Industry across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see SPEN cash generation efficiency.
Annual Cash Flow Quality Index for Shapir Engineering Industry (2013–2024)
Year-by-year earnings quality comparison for Shapir Engineering Industry.
| Year | Quality Index | Operating CF (ILA) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.03x | ILA183.00 Million | ILA178.00 Million | ▼ -70.9% |
| 2023 | 3.54x | ILA559.00 Million | ILA158.00 Million | ▲ +381.1% |
| 2022 | -1.26x | ILA-482.00 Million | ILA383.00 Million | ▼ -204.9% |
| 2021 | 1.20x | ILA523.90 Million | ILA436.49 Million | ▼ -22.1% |
| 2020 | 1.54x | ILA508.34 Million | ILA329.85 Million | ▲ +131.6% |
| 2019 | 0.67x | ILA189.77 Million | ILA285.17 Million | ▲ +44.1% |
| 2018 | 0.46x | ILA131.56 Million | ILA284.90 Million | ▼ -72.7% |
| 2017 | 1.69x | ILA463.48 Million | ILA274.19 Million | ▲ +289.2% |
| 2016 | 0.43x | ILA81.03 Million | ILA186.59 Million | ▼ -36.2% |
| 2015 | 0.68x | ILA109.60 Million | ILA161.02 Million | ▲ +6248.4% |
| 2014 | 0.01x | ILA2.16 Million | ILA201.84 Million | ▼ -98.7% |
| 2013 | 0.83x | ILA91.27 Million | ILA110.58 Million | — |