Happy Forgings Limited (HAPPYFORGE) — 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). Also explore net asset growth rate of Happy Forgings Limited to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Happy Forgings Limited Financial Flexibility Index (2019–2024)
Historical Financial Flexibility Index trend for Happy Forgings Limited across 6 annual periods. Check Happy Forgings Limited liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Annual Financial Flexibility Index for Happy Forgings Limited (2019–2024)
Year-by-year free cash flow to debt coverage for Happy Forgings Limited. For the full company profile including market capitalisation, see market value of Happy Forgings Limited.
| 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 | — |