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 how aggressively does Happiest Minds Technologies Limited reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
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. For the full cash flow conversion analysis, see how efficiently does Happiest Minds Technologies Limited generate cash.
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. Explore Happiest Minds Technologies Limited cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
| 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 | — |