Happiest Minds Technologies Limited (HAPPSTMNDS) — 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. See cash generation quality of Happiest Minds Technologies Limited to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Happiest Minds Technologies Limited Cash Flow-to-Debt Ratio (2013–2025)
Historical debt coverage capacity for Happiest Minds Technologies Limited across 13 annual periods. Also explore Happiest Minds Technologies Limited annual equity growth to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Happiest Minds Technologies Limited (2013–2025)
Year-by-year debt coverage analysis for Happiest Minds Technologies Limited. For market capitalisation and broader financial context, see how much is Happiest Minds Technologies Limited worth.
| 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 | — |