Happy Forgings Limited (HAPPYFORGE) — Cash Flow-to-Debt Ratio
Happy Forgings Limited (HAPPYFORGE) has a Cash Flow-to-Debt Ratio of 0.80x as of September 2024, meaning its operating cash flow of Rs2.92 Billion could theoretically repay 1% of its total liabilities (Rs3.66 Billion) in one year. See HAPPYFORGE free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Happy Forgings Limited Cash Flow-to-Debt Ratio (2019–2024)
Historical debt coverage capacity for Happy Forgings Limited across 6 annual periods. For the full cash flow conversion analysis, see Happy Forgings Limited cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Happy Forgings Limited (2019–2024)
Year-by-year debt coverage analysis for Happy Forgings Limited. Check Happy Forgings Limited (HAPPYFORGE) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (INR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.80x | Rs2.92 Billion | Rs3.66 Billion | ▲ +15.7% |
| 2023 | 0.69x | Rs1.89 Billion | Rs2.73 Billion | ▲ +11.5% |
| 2022 | 0.62x | Rs2.09 Billion | Rs3.38 Billion | ▲ +164.2% |
| 2021 | 0.23x | Rs802.94 Million | Rs3.42 Billion | ▲ +89.7% |
| 2020 | 0.12x | Rs285.91 Million | Rs2.31 Billion | ▼ -85.0% |
| 2019 | 0.82x | Rs1.69 Billion | Rs2.05 Billion | — |