Canlan Ice Sports Corp. (ICE) — Cash Flow Quality Index

Latest as of March 2025: -0.08x

Canlan Ice Sports Corp. (ICE) has a Cash Flow Quality Index of -0.08x as of March 2025. Operating cash flow of CA$-336.00K is below net income of CA$4.20 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Canlan Ice Sports Corp. strategic investment ratio to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

-0.08x
Operating CF / Net Income

Operating Cash Flow

CA$-336.00K
CAD

Net Income

CA$4.20 Million
CAD

Data as of

Mar 2025
Most recent filing

Canlan Ice Sports Corp. Cash Flow Quality Index (1996–2024)

Historical Cash Flow Quality Index for Canlan Ice Sports Corp. across 19 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Canlan Ice Sports Corp. tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Canlan Ice Sports Corp. (1996–2024)

Year-by-year earnings quality comparison for Canlan Ice Sports Corp.. For live market cap and the full company financial profile, see ICE stock market capitalisation.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2024 4.93x CA$13.81 Million CA$2.80 Million ▼ -76.9%
2023 21.40x CA$9.31 Million CA$435.00K ▲ +857.0%
2022 2.24x CA$10.58 Million CA$4.73 Million ▼ -38.5%
2019 3.64x CA$8.90 Million CA$2.45 Million ▲ +29.6%
2018 2.80x CA$12.57 Million CA$4.48 Million ▼ -8.8%
2017 3.08x CA$10.94 Million CA$3.56 Million ▼ -55.6%
2016 6.92x CA$8.96 Million CA$1.29 Million ▼ -12.0%
2014 7.86x CA$7.04 Million CA$896.00K ▲ +31.4%
2013 5.98x CA$6.56 Million CA$1.10 Million ▼ -4.9%
2012 6.29x CA$8.15 Million CA$1.29 Million ▲ +150.6%
2011 2.51x CA$7.14 Million CA$2.84 Million ▼ -67.3%
2010 7.68x CA$5.43 Million CA$707.00K ▲ +160.7%
2009 2.94x CA$8.05 Million CA$2.73 Million ▲ +32.4%
2008 2.22x CA$8.51 Million CA$3.83 Million ▼ -70.4%
2007 7.50x CA$6.05 Million CA$806.00K ▲ +16.9%
2006 6.42x CA$8.69 Million CA$1.35 Million ▲ +42.7%
2005 4.50x CA$4.68 Million CA$1.04 Million ▲ +120.2%
2004 2.04x CA$4.08 Million CA$2.00 Million ▲ +83.9%
1996 1.11x CA$2.00 Million CA$1.80 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.