Kingsway Corporation (KWY) — Cash Flow Quality Index

Latest as of December 2023: -1.11x

Kingsway Corporation (KWY) has a Cash Flow Quality Index of -1.11x as of December 2023. Operating cash flow of $-26.19 Million is below net income of $23.56 Million, suggesting accrual-heavy earnings not yet converted to cash. For the full cash flow conversion analysis, see KWY cash flow metrics.

Cash Flow Quality Index

-1.11x
Operating CF / Net Income

Operating Cash Flow

$-26.19 Million
USD

Net Income

$23.56 Million
USD

Data as of

Dec 2023
Most recent filing

Kingsway Corporation Cash Flow Quality Index (2022–2023)

Historical Cash Flow Quality Index for Kingsway Corporation across 2 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore KWY debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Annual Cash Flow Quality Index for Kingsway Corporation (2022–2023)

Year-by-year earnings quality comparison for Kingsway Corporation. Explore Kingsway Corporation capital spending ratio to see what proportion of operating cash flow is directed to capital expenditures.

Year Quality Index Operating CF (USD) Net Income YoY Change
2023 -1.11x $-26.19 Million $23.56 Million ▼ -88.5%
2022 -0.59x $-14.57 Million $24.72 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.