Happiest Minds Technologies Limited (HAPPSTMNDS) — Financial Flexibility Index

Latest as of December 2023: 0.04x

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). Also explore HAPPSTMNDS net asset momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.04x
Free Cash Flow / Total Liabilities

Free Cash Flow

Rs296.20 Million
Operating CF − Capex

Total Liabilities

Rs8.08 Billion
INR

Capital Expenditures

Rs0.00
INR

Happiest Minds Technologies Limited Financial Flexibility Index (2013–2025)

Historical Financial Flexibility Index trend for Happiest Minds Technologies Limited across 13 annual periods. Check Happiest Minds Technologies Limited strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

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 Happiest Minds Technologies Limited market capitalisation.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities