Advantage Oil & Gas Ltd. (AAV) — Cash Flow Quality Index
Advantage Oil & Gas Ltd. (AAV) has a Cash Flow Quality Index of 0.84x as of June 2025. Operating cash flow of CA$80.08 Million is below net income of CA$95.86 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore AAV long-term investment intensity to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Advantage Oil & Gas Ltd. Cash Flow Quality Index (1989–2024)
Historical Cash Flow Quality Index for Advantage Oil & Gas Ltd. across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of Advantage Oil & Gas Ltd. to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Advantage Oil & Gas Ltd. (1989–2024)
Year-by-year earnings quality comparison for Advantage Oil & Gas Ltd.. For live market cap and the full company financial profile, see AAV stock market capitalisation.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 6.61x | CA$217.53 Million | CA$32.92 Million | ▲ +107.6% |
| 2023 | 3.18x | CA$323.35 Million | CA$101.60 Million | ▲ +180.6% |
| 2022 | 1.13x | CA$502.38 Million | CA$442.90 Million | ▲ +170.6% |
| 2021 | 0.42x | CA$223.15 Million | CA$532.45 Million | ▼ -95.6% |
| 2018 | 9.44x | CA$160.16 Million | CA$16.96 Million | ▲ +570.4% |
| 2017 | 1.41x | CA$186.40 Million | CA$132.32 Million | ▼ -63.8% |
| 2015 | 3.89x | CA$113.36 Million | CA$29.13 Million | ▲ +124.1% |
| 2014 | 1.74x | CA$182.34 Million | CA$104.99 Million | ▼ -94.9% |
| 2013 | 34.37x | CA$165.02 Million | CA$4.80 Million | ▲ +647.4% |
| 2006 | 4.60x | CA$229.09 Million | CA$49.81 Million | ▲ +85.0% |
| 2005 | 2.49x | CA$186.61 Million | CA$75.07 Million | ▼ -35.2% |
| 2004 | 3.84x | CA$132.28 Million | CA$34.46 Million | ▲ +72.2% |
| 2003 | 2.23x | CA$98.47 Million | CA$44.16 Million | ▼ -49.0% |
| 2002 | 4.37x | CA$52.86 Million | CA$12.10 Million | ▲ +249.8% |
| 2001 | 1.25x | CA$11.95 Million | CA$9.57 Million | ▲ +269.3% |
| 1994 | -0.74x | CA$-43.06 Million | CA$58.35 Million | ▼ -253.3% |
| 1993 | 0.48x | CA$19.63 Million | CA$40.79 Million | ▲ +101.4% |
| 1992 | -33.33x | CA$-25.13 Million | CA$754.03K | ▼ -31087.7% |
| 1991 | 0.11x | CA$3.21 Million | CA$29.88 Million | ▼ -92.3% |
| 1989 | 1.40x | CA$38.36 Million | CA$27.37 Million | — |