High Liner Foods Incorporated (HLF) — Cash Flow Quality Index
High Liner Foods Incorporated (HLF) has a Cash Flow Quality Index of -5.25x as of September 2025. Operating cash flow of CA$-25.04 Million is below net income of CA$4.77 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore HLF operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
High Liner Foods Incorporated Cash Flow Quality Index (1994–2024)
Historical Cash Flow Quality Index for High Liner Foods Incorporated across 29 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does High Liner Foods Incorporated generate cash.
Annual Cash Flow Quality Index for High Liner Foods Incorporated (1994–2024)
Year-by-year earnings quality comparison for High Liner Foods Incorporated.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 1.51x | CA$90.59 Million | CA$60.16 Million | ▼ -73.4% |
| 2023 | 5.66x | CA$179.31 Million | CA$31.68 Million | ▲ +506.8% |
| 2022 | -1.39x | CA$-76.16 Million | CA$54.73 Million | ▼ -305.0% |
| 2021 | 0.68x | CA$28.68 Million | CA$42.25 Million | ▼ -81.0% |
| 2020 | 3.58x | CA$103.00 Million | CA$28.80 Million | ▼ -28.7% |
| 2019 | 5.02x | CA$51.61 Million | CA$10.29 Million | ▲ +47.8% |
| 2018 | 3.39x | CA$56.93 Million | CA$16.78 Million | ▲ +599.9% |
| 2017 | -0.68x | CA$-21.49 Million | CA$31.65 Million | ▼ -128.0% |
| 2016 | 2.43x | CA$80.02 Million | CA$32.95 Million | ▼ -12.9% |
| 2015 | 2.79x | CA$82.46 Million | CA$29.58 Million | ▲ +280.2% |
| 2014 | 0.73x | CA$22.21 Million | CA$30.30 Million | ▼ -15.8% |
| 2013 | 0.87x | CA$27.31 Million | CA$31.36 Million | ▼ -97.6% |
| 2012 | 35.85x | CA$78.98 Million | CA$2.20 Million | ▲ +18147.7% |
| 2011 | 0.20x | CA$3.50 Million | CA$17.81 Million | ▼ -92.3% |
| 2010 | 2.54x | CA$50.24 Million | CA$19.77 Million | ▲ +104.1% |
| 2009 | 1.25x | CA$23.02 Million | CA$18.49 Million | ▼ -35.3% |
| 2008 | 1.93x | CA$22.46 Million | CA$11.66 Million | ▲ +31.0% |
| 2007 | 1.47x | CA$10.27 Million | CA$6.98 Million | ▼ -63.0% |
| 2006 | 3.97x | CA$17.45 Million | CA$4.40 Million | ▲ +166.7% |
| 2004 | 1.49x | CA$13.96 Million | CA$9.37 Million | ▲ +722.4% |
| 2003 | 0.18x | CA$6.44 Million | CA$35.56 Million | ▼ -93.6% |
| 2002 | 2.85x | CA$18.54 Million | CA$6.51 Million | ▲ +230.4% |
| 2001 | 0.86x | CA$3.35 Million | CA$3.88 Million | ▼ -76.7% |
| 2000 | 3.70x | CA$15.82 Million | CA$4.28 Million | ▲ +508.9% |
| 1998 | -0.90x | CA$-6.11 Million | CA$6.76 Million | ▼ -143.2% |
| 1997 | 2.09x | CA$12.58 Million | CA$6.01 Million | ▲ +463.5% |
| 1996 | 0.37x | CA$948.63K | CA$2.55 Million | ▼ -79.4% |
| 1995 | 1.80x | CA$7.41 Million | CA$4.11 Million | ▲ +249.5% |
| 1994 | -1.21x | CA$-5.42 Million | CA$4.49 Million | — |