S. P. Apparels Limited (SPAL) — Financial Flexibility Index

Latest as of September 2025: 0.30x

S. P. Apparels Limited (SPAL) has a Financial Flexibility Index of 0.30x as of September 2025. Free cash flow of Rs1.93 Billion (operating CF Rs1.26 Billion minus capex Rs669.11 Million) represents 0% of total liabilities (Rs6.35 Billion). Check cash flow reinvestment rate of S. P. Apparels Limited to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.30x
Free Cash Flow / Total Liabilities

Free Cash Flow

Rs1.93 Billion
Operating CF − Capex

Total Liabilities

Rs6.35 Billion
INR

Capital Expenditures

Rs669.11 Million
INR

S. P. Apparels Limited Financial Flexibility Index (2011–2025)

Historical Financial Flexibility Index trend for S. P. Apparels Limited across 15 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of S. P. Apparels Limited.

Annual Financial Flexibility Index for S. P. Apparels Limited (2011–2025)

Year-by-year free cash flow to debt coverage for S. P. Apparels Limited. Explore SPAL operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (INR) Operating CF Total Liabilities YoY Change
2025 0.21x Rs1.27 Billion Rs444.18 Million Rs6.06 Billion ▼ -40.1%
2024 0.35x Rs1.34 Billion Rs792.04 Million Rs3.84 Billion ▼ -44.0%
2023 0.62x Rs2.68 Billion Rs2.16 Billion Rs4.30 Billion ▲ +345.2%
2022 0.14x Rs602.34 Million Rs268.93 Million Rs4.31 Billion ▼ -59.6%
2021 0.35x Rs1.25 Billion Rs805.04 Million Rs3.60 Billion ▼ -3.1%
2020 0.36x Rs1.34 Billion Rs827.06 Million Rs3.76 Billion ▼ -13.3%
2019 0.41x Rs1.69 Billion Rs823.33 Million Rs4.09 Billion ▲ +358.3%
2018 0.09x Rs376.62 Million Rs-11.67 Million Rs4.19 Billion ▼ -70.2%
2017 0.30x Rs907.88 Million Rs488.85 Million Rs3.00 Billion ▲ +76.0%
2016 0.17x Rs746.16 Million Rs487.81 Million Rs4.34 Billion ▼ -26.6%
2015 0.23x Rs986.15 Million Rs835.91 Million Rs4.22 Billion ▲ +54.3%
2014 0.15x Rs660.99 Million Rs580.97 Million Rs4.36 Billion ▼ -22.7%
2013 0.20x Rs892.25 Million Rs787.40 Million Rs4.55 Billion ▲ +225.0%
2012 0.06x Rs291.59 Million Rs-86.96 Million Rs4.83 Billion ▼ -38.1%
2011 0.10x Rs479.08 Million Rs-37.42 Million Rs4.92 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities