Kingsway Financial Services Inc (KFS) — Cash Flow Quality Index
Kingsway Financial Services Inc (KFS) has a Cash Flow Quality Index of -279.60x as of December 2023. Operating cash flow of $-16.78 Million is below net income of $60.00K, suggesting accrual-heavy earnings not yet converted to cash. Explore Kingsway Financial Services Inc (KFS) 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
Kingsway Financial Services Inc Cash Flow Quality Index (1995–2023)
Historical Cash Flow Quality Index for Kingsway Financial Services Inc across 16 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Kingsway Financial Services Inc.
Annual Cash Flow Quality Index for Kingsway Financial Services Inc (1995–2023)
Year-by-year earnings quality comparison for Kingsway Financial Services Inc.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | -1.09x | $-26.19 Million | $24.01 Million | ▼ -108.5% |
| 2022 | -0.52x | $-14.57 Million | $27.87 Million | ▲ +98.2% |
| 2016 | -29.86x | $-15.59 Million | $522.00K | ▼ -15.5% |
| 2015 | -25.85x | $-32.80 Million | $1.27 Million | ▼ -2006.2% |
| 2006 | 1.36x | $167.23 Million | $123.31 Million | ▼ -33.1% |
| 2005 | 2.03x | $273.75 Million | $135.01 Million | ▲ +75.7% |
| 2004 | 1.15x | $125.77 Million | $108.98 Million | ▲ +232.4% |
| 2003 | 0.35x | $22.84 Million | $65.77 Million | ▼ -58.1% |
| 2002 | 0.83x | $41.88 Million | $50.52 Million | ▼ -4.3% |
| 2001 | 0.87x | $24.46 Million | $28.22 Million | ▼ -74.3% |
| 2000 | 3.37x | $61.68 Million | $18.32 Million | ▲ +35.9% |
| 1999 | 2.48x | $23.22 Million | $9.37 Million | ▲ +21.7% |
| 1998 | 2.04x | $41.08 Million | $20.18 Million | ▼ -0.7% |
| 1997 | 2.05x | $31.80 Million | $15.51 Million | ▼ -49.1% |
| 1996 | 4.03x | $32.90 Million | $8.17 Million | ▲ +39.1% |
| 1995 | 2.89x | $8.07 Million | $2.79 Million | — |