MDA Ltd (MDA) — Cash Flow Quality Index
Latest as of March 2026:
2.06x
MDA Ltd (MDA) has a Cash Flow Quality Index of 2.06x as of March 2026. Operating cash flow of CA$60.90 Million exceeds net income of CA$29.60 Million, indicating high earnings quality where cash backs reported profits. Explore cash flow to debt ratio of MDA Ltd to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
2.06x
Operating CF / Net Income
Operating Cash Flow
CA$60.90 Million
CAD
Net Income
CA$29.60 Million
CAD
Data as of
Mar 2026
Most recent filing
MDA Ltd Cash Flow Quality Index (2018–2025)
Historical Cash Flow Quality Index for MDA Ltd across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see MDA operating cash flow.
Annual Cash Flow Quality Index for MDA Ltd (2018–2025)
Year-by-year earnings quality comparison for MDA Ltd.
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 3.76x | CA$407.50 Million | CA$108.50 Million | ▼ -63.4% |
| 2024 | 10.27x | CA$815.60 Million | CA$79.40 Million | ▲ +3613.2% |
| 2023 | 0.28x | CA$13.50 Million | CA$48.80 Million | ▼ -87.2% |
| 2022 | 2.17x | CA$57.00 Million | CA$26.30 Million | ▼ -91.3% |
| 2021 | 24.86x | CA$72.10 Million | CA$2.90 Million | ▲ +1638.4% |
| 2019 | 1.43x | CA$104.40 Million | CA$73.00 Million | ▲ +140.3% |
| 2018 | 0.60x | CA$71.90 Million | CA$120.80 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.