Tri Continental Closed Fund (TY) — Cash Flow Quality Index

Latest as of December 2021: 2.63x

Tri Continental Closed Fund (TY) has a Cash Flow Quality Index of 2.63x as of December 2021. Operating cash flow of $435.70 Million exceeds net income of $165.86 Million, indicating high earnings quality where cash backs reported profits. Explore Tri Continental Closed Fund (TY) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

2.63x
Operating CF / Net Income

Operating Cash Flow

$435.70 Million
USD

Net Income

$165.86 Million
USD

Data as of

Dec 2021
Most recent filing

Tri Continental Closed Fund Cash Flow Quality Index (1996–2021)

Historical Cash Flow Quality Index for Tri Continental Closed Fund across 21 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Tri Continental Closed Fund (TY) cash flow conversion.

Annual Cash Flow Quality Index for Tri Continental Closed Fund (1996–2021)

Year-by-year earnings quality comparison for Tri Continental Closed Fund.

Year Quality Index Operating CF (USD) Net Income YoY Change
2021 1.00x $435.70 Million $435.70 Million ▲ +0.0%
2020 1.00x $197.96 Million $197.96 Million ▲ +0.0%
2019 1.00x $341.30 Million $341.30 Million ▲ +0.0%
2017 1.00x $280.96 Million $280.96 Million ▲ +0.0%
2016 1.00x $185.42 Million $185.42 Million ▲ +0.0%
2014 1.00x $146.04 Million $146.04 Million ▼ 0.0%
2013 1.00x $313.40 Million $313.40 Million ▲ +0.0%
2012 1.00x $164.70 Million $164.70 Million ▲ +0.0%
2011 1.00x $68.40 Million $68.40 Million ▲ +0.0%
2010 1.00x $162.70 Million $162.70 Million ▲ +0.0%
2009 1.00x $172.30 Million $172.30 Million ▲ +105.4%
2008 -18.63x $-1.00 Billion $53.71 Million ▼ -8353.2%
2007 -0.22x $-19.00 Million $86.22 Million ▼ -102.0%
2006 11.21x $386.70 Million $34.50 Million ▲ +1021.0%
2005 1.00x $41.10 Million $41.10 Million ▲ +0.0%
2004 1.00x $276.40 Million $276.40 Million ▲ +0.0%
2003 1.00x $467.40 Million $467.40 Million ▲ +0.0%
1999 1.00x $376.40 Million $376.40 Million ▲ +0.0%
1998 1.00x $814.90 Million $814.90 Million ▲ +0.0%
1997 1.00x $716.90 Million $716.90 Million ▲ +0.0%
1996 1.00x $496.10 Million $496.10 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.