First Capital Real Estate Investment Trust Cash Flow Quality Index
First Capital Real Estate Investment Trust cash flow quality index. First Capital Real Estate Investment Trust (FCR-UN) has a Cash Flow Quality Index of 0.42x as of March 2026. Operating cash flow of CA$38.65 Million is below net income of CA$92.22 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore FCR-UN cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of First Capital Real Estate Investment Trust (1996–2025)
Cash flow quality index of First Capital Real Estate Investment Trust from 1996 to 2025. Historical Cash Flow Quality Index for First Capital Real Estate Investment Trust across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. See FCR-UN net asset quality index to measure how much of total assets are equity-financed.
First Capital Real Estate Investment Trust Cash Flow Quality Index by Year (1996–2025)
First Capital Real Estate Investment Trust cash flow quality index by year from 1996 to 2025. Year-by-year earnings quality comparison for First Capital Real Estate Investment Trust. For the full cash flow conversion analysis, see FCR-UN cash flow metrics.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 0.19x | CA$206.71 Million | CA$1.06 Billion | ▼ -83.1% |
| 2024 | 1.15x | CA$233.79 Million | CA$203.25 Million | ▲ +118.3% |
| 2021 | 0.53x | CA$249.61 Million | CA$473.64 Million | ▼ -98.2% |
| 2020 | 29.34x | CA$219.50 Million | CA$7.48 Million | ▲ +4416.4% |
| 2019 | 0.65x | CA$269.15 Million | CA$414.34 Million | ▼ -19.2% |
| 2018 | 0.80x | CA$283.01 Million | CA$351.84 Million | ▲ +91.8% |
| 2017 | 0.42x | CA$270.16 Million | CA$644.16 Million | ▼ -37.4% |
| 2016 | 0.67x | CA$256.60 Million | CA$382.71 Million | ▼ -44.1% |
| 2015 | 1.20x | CA$244.43 Million | CA$203.73 Million | ▼ -12.3% |
| 2014 | 1.37x | CA$269.09 Million | CA$196.75 Million | ▲ +38.1% |
| 2013 | 0.99x | CA$212.97 Million | CA$215.01 Million | ▲ +101.6% |
| 2012 | 0.49x | CA$193.01 Million | CA$392.92 Million | ▲ +76.3% |
| 2011 | 0.28x | CA$152.96 Million | CA$548.93 Million | ▼ -93.5% |
| 2010 | 4.26x | CA$176.28 Million | CA$41.34 Million | ▲ +20.3% |
| 2009 | 3.55x | CA$148.63 Million | CA$41.91 Million | ▼ -9.1% |
| 2008 | 3.90x | CA$145.96 Million | CA$37.43 Million | ▼ -11.0% |
| 2007 | 4.38x | CA$133.06 Million | CA$30.35 Million | ▲ +74.9% |
| 2006 | 2.51x | CA$115.17 Million | CA$45.96 Million | ▼ -22.7% |
| 2005 | 3.24x | CA$94.65 Million | CA$29.20 Million | ▼ -22.5% |
| 2004 | 4.18x | CA$74.81 Million | CA$17.89 Million | ▲ +184.2% |
| 2003 | 1.47x | CA$64.79 Million | CA$44.03 Million | ▲ +11.3% |
| 2002 | 1.32x | CA$39.18 Million | CA$29.63 Million | ▲ +89.7% |
| 2001 | 0.70x | CA$32.37 Million | CA$46.44 Million | ▼ -79.6% |
| 1999 | 3.42x | CA$38.30 Million | CA$11.20 Million | ▲ +127.5% |
| 1998 | 1.50x | CA$25.10 Million | CA$16.70 Million | ▼ -32.9% |
| 1997 | 2.24x | CA$22.40 Million | CA$10.00 Million | ▲ +10.6% |
| 1996 | 2.03x | CA$16.20 Million | CA$8.00 Million | — |