Happy Forgings Limited Financial Flexibility Index
Happy Forgings Limited financial flexibility index. Happy Forgings Limited (HAPPYFORGE) has a Financial Flexibility Index of 1.54x as of September 2024. Free cash flow of Rs5.63 Billion (operating CF Rs2.92 Billion minus capex Rs2.71 Billion) represents 2% of total liabilities (Rs3.66 Billion). Explore how much does Happy Forgings Limited reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Happy Forgings Limited (2019–2024)
Financial flexibility index of Happy Forgings Limited from 2019 to 2024. Historical Financial Flexibility Index trend for Happy Forgings Limited across 6 annual periods. Check how aggressively does Happy Forgings Limited reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Happy Forgings Limited Financial Flexibility Index by Year (2019–2024)
Happy Forgings Limited financial flexibility index by year from 2019 to 2024. Year-by-year free cash flow to debt coverage for Happy Forgings Limited. For the full cash flow conversion analysis, see Happy Forgings Limited (HAPPYFORGE) cash flow conversion.
| Year | Flexibility Index | Free Cash Flow (INR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 1.54x | Rs5.63 Billion | Rs2.92 Billion | Rs3.66 Billion | ▲ +10.0% |
| 2023 | 1.40x | Rs3.83 Billion | Rs1.89 Billion | Rs2.73 Billion | ▲ +23.3% |
| 2022 | 1.14x | Rs3.84 Billion | Rs2.09 Billion | Rs3.38 Billion | ▲ +43.5% |
| 2021 | 0.79x | Rs2.71 Billion | Rs802.94 Million | Rs3.42 Billion | ▲ +52.3% |
| 2020 | 0.52x | Rs1.20 Billion | Rs285.91 Million | Rs2.31 Billion | ▼ -60.6% |
| 2019 | 1.32x | Rs2.70 Billion | Rs1.69 Billion | Rs2.05 Billion | — |