Definity Financial Corp (DFY) — Cash Flow Quality Index
Definity Financial Corp (DFY) has a Cash Flow Quality Index of -2.04x as of March 2026. Operating cash flow of CA$-130.50 Million is below net income of CA$63.90 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore DFY debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Definity Financial Corp Cash Flow Quality Index (2019–2025)
Historical Cash Flow Quality Index for Definity Financial Corp across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Definity Financial Corp cash conversion from operations.
Annual Cash Flow Quality Index for Definity Financial Corp (2019–2025)
Year-by-year earnings quality comparison for Definity Financial Corp.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.89x | CA$512.60 Million | CA$577.80 Million | ▲ +67.1% |
| 2024 | 0.53x | CA$307.20 Million | CA$578.70 Million | ▼ -47.2% |
| 2023 | 1.00x | CA$351.80 Million | CA$350.10 Million | ▼ -1.4% |
| 2022 | 1.02x | CA$256.90 Million | CA$252.00 Million | ▼ -66.8% |
| 2021 | 3.07x | CA$655.20 Million | CA$213.20 Million | ▼ -3.5% |
| 2020 | 3.19x | CA$490.20 Million | CA$153.90 Million | ▼ -60.0% |
| 2019 | 7.96x | CA$138.50 Million | CA$17.40 Million | — |