North American Construction Group Ltd (NOA) — Cash Flow Quality Index

Latest as of March 2026: 5.35x

North American Construction Group Ltd (NOA) has a Cash Flow Quality Index of 5.35x as of March 2026. Operating cash flow of CA$29.71 Million exceeds net income of CA$5.55 Million, indicating high earnings quality where cash backs reported profits. Explore North American Construction Group Ltd debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

5.35x
Operating CF / Net Income

Operating Cash Flow

CA$29.71 Million
CAD

Net Income

CA$5.55 Million
CAD

Data as of

Mar 2026
Most recent filing

North American Construction Group Ltd Cash Flow Quality Index (1999–2025)

Historical Cash Flow Quality Index for North American Construction Group Ltd across 15 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see NOA cash flow metrics.

Annual Cash Flow Quality Index for North American Construction Group Ltd (1999–2025)

Year-by-year earnings quality comparison for North American Construction Group Ltd.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2025 7.52x CA$254.54 Million CA$33.83 Million ▲ +52.4%
2024 4.94x CA$217.61 Million CA$44.09 Million ▲ +12.1%
2023 4.40x CA$278.09 Million CA$63.14 Million ▲ +75.4%
2022 2.51x CA$169.20 Million CA$67.37 Million ▼ -21.8%
2021 3.21x CA$165.18 Million CA$51.41 Million ▲ +7.4%
2020 2.99x CA$147.27 Million CA$49.21 Million ▼ -29.6%
2019 4.25x CA$157.94 Million CA$37.13 Million ▼ -40.4%
2018 7.14x CA$109.37 Million CA$15.32 Million ▼ -24.5%
2017 9.45x CA$49.74 Million CA$5.26 Million ▲ +522.1%
2009 1.52x CA$42.87 Million CA$28.22 Million ▼ -38.1%
2007 2.45x CA$97.60 Million CA$39.78 Million ▲ +414.5%
2006 0.48x CA$10.05 Million CA$21.08 Million ▼ -52.3%
2002 1.00x CA$25.73 Million CA$25.73 Million ▲ +0.0%
2001 1.00x CA$2.99 Million CA$2.99 Million ▲ +0.0%
1999 1.00x CA$22.04 Million CA$22.04 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.