Happiest Minds Technologies Limited Cash Flow-to-Debt Ratio
Happiest Minds Technologies Limited cash flow-to-debt ratio. Happiest Minds Technologies Limited (HAPPSTMNDS) has a Cash Flow-to-Debt Ratio of 0.04x as of December 2023, meaning its operating cash flow of Rs296.20 Million could theoretically repay 0% of its total liabilities (Rs8.08 Billion) in one year. Check HAPPSTMNDS cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Happiest Minds Technologies Limited (2013–2025)
Cash flow-to-debt ratio of Happiest Minds Technologies Limited from 2013 to 2025. Historical debt coverage capacity for Happiest Minds Technologies Limited across 13 annual periods. Check cash flow reinvestment rate of Happiest Minds Technologies Limited to assess the company's total reinvestment commitment from operating cash flow.
Happiest Minds Technologies Limited Cash Flow-to-Debt Ratio by Year (2013–2025)
Happiest Minds Technologies Limited cash flow-to-debt ratio by year from 2013 to 2025. Year-by-year debt coverage analysis for Happiest Minds Technologies Limited. For the full cash flow conversion analysis, see HAPPSTMNDS operating cash flow.
| Year | CF-to-Debt Ratio | Operating CF (INR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.13x | Rs2.36 Billion | Rs17.84 Billion | ▼ -52.2% |
| 2024 | 0.28x | Rs2.13 Billion | Rs7.68 Billion | ▲ +7.2% |
| 2023 | 0.26x | Rs2.07 Billion | Rs8.02 Billion | ▼ -29.4% |
| 2022 | 0.37x | Rs1.68 Billion | Rs4.59 Billion | ▼ -3.9% |
| 2021 | 0.38x | Rs1.43 Billion | Rs3.76 Billion | ▼ -17.6% |
| 2020 | 0.46x | Rs1.12 Billion | Rs2.43 Billion | ▲ +284.6% |
| 2019 | 0.12x | Rs576.20 Million | Rs4.80 Billion | ▲ +476.2% |
| 2018 | 0.02x | Rs103.40 Million | Rs4.96 Billion | ▲ +119.6% |
| 2017 | -0.11x | Rs-114.00 Million | Rs1.07 Billion | ▲ +29.6% |
| 2016 | -0.15x | Rs-132.30 Million | Rs876.80 Million | ▲ +69.6% |
| 2015 | -0.50x | Rs-311.28 Million | Rs627.90 Million | ▲ +76.1% |
| 2014 | -2.07x | Rs-883.86 Million | Rs426.80 Million | ▼ -14994.8% |
| 2013 | 0.01x | Rs4.01 Million | Rs288.63 Million | — |