Pure Cycle Corporation (PCYO) — Cash Flow Quality Index
Pure Cycle Corporation (PCYO) has a Cash Flow Quality Index of -3.81x as of February 2026. Operating cash flow of $-4.21 Million is below net income of $1.10 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Pure Cycle Corporation cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Pure Cycle Corporation Cash Flow Quality Index (2018–2025)
Historical Cash Flow Quality Index for Pure Cycle Corporation across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Pure Cycle Corporation operating cash flow efficiency.
Annual Cash Flow Quality Index for Pure Cycle Corporation (2018–2025)
Year-by-year earnings quality comparison for Pure Cycle Corporation.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.00x | $13.16 Million | $13.11 Million | ▲ +427.2% |
| 2024 | 0.19x | $2.21 Million | $11.61 Million | ▲ +138.3% |
| 2023 | -0.50x | $-2.34 Million | $4.70 Million | ▼ -127.4% |
| 2022 | 1.81x | $17.45 Million | $9.62 Million | ▲ +955.9% |
| 2021 | 0.17x | $3.46 Million | $20.11 Million | ▼ -94.4% |
| 2020 | 3.07x | $20.72 Million | $6.75 Million | ▲ +318.3% |
| 2019 | 0.73x | $3.53 Million | $4.81 Million | ▲ +63033.1% |
| 2018 | 0.00x | $482.00 | $414.68K | — |