Happiest Minds Technologies Limited (HAPPSTMNDS) — Financial Flexibility Index
Happiest Minds Technologies Limited (HAPPSTMNDS) has a Financial Flexibility Index of 0.04x as of December 2023. Free cash flow of Rs296.20 Million (operating CF Rs296.20 Million minus capex Rs0.00) represents 0% of total liabilities (Rs8.08 Billion). Check strategic asset allocation of Happiest Minds Technologies Limited to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Happiest Minds Technologies Limited Financial Flexibility Index (2013–2025)
Historical Financial Flexibility Index trend for Happiest Minds Technologies Limited across 13 annual periods. See Happiest Minds Technologies Limited (HAPPSTMNDS) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Happiest Minds Technologies Limited (2013–2025)
Year-by-year free cash flow to debt coverage for Happiest Minds Technologies Limited. For the full company profile including market capitalisation, see market cap of Happiest Minds Technologies Limited.
| Year | Flexibility Index | Free Cash Flow (INR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.14x | Rs2.48 Billion | Rs2.36 Billion | Rs17.84 Billion | ▼ -51.8% |
| 2024 | 0.29x | Rs2.21 Billion | Rs2.13 Billion | Rs7.68 Billion | ▼ -33.4% |
| 2023 | 0.43x | Rs3.47 Billion | Rs2.07 Billion | Rs8.02 Billion | ▲ +15.2% |
| 2022 | 0.38x | Rs1.72 Billion | Rs1.68 Billion | Rs4.59 Billion | ▼ -2.2% |
| 2021 | 0.38x | Rs1.44 Billion | Rs1.43 Billion | Rs3.76 Billion | ▼ -17.9% |
| 2020 | 0.47x | Rs1.13 Billion | Rs1.12 Billion | Rs2.43 Billion | ▲ +281.7% |
| 2019 | 0.12x | Rs586.50 Million | Rs576.20 Million | Rs4.80 Billion | ▲ +373.0% |
| 2018 | 0.03x | Rs128.20 Million | Rs103.40 Million | Rs4.96 Billion | ▲ +134.1% |
| 2017 | -0.08x | Rs-81.30 Million | Rs-114.00 Million | Rs1.07 Billion | ▲ +42.8% |
| 2016 | -0.13x | Rs-116.10 Million | Rs-132.30 Million | Rs876.80 Million | ▲ +71.7% |
| 2015 | -0.47x | Rs-293.62 Million | Rs-311.28 Million | Rs627.90 Million | ▲ +76.3% |
| 2014 | -1.97x | Rs-842.30 Million | Rs-883.86 Million | Rs426.80 Million | ▼ -14294.4% |
| 2013 | 0.01x | Rs4.01 Million | Rs4.01 Million | Rs288.63 Million | — |