Northland Power Inc. (NPI) — Cash Flow Quality Index

Latest as of March 2026: 5.78x

Northland Power Inc. (NPI) has a Cash Flow Quality Index of 5.78x as of March 2026. Operating cash flow of CA$511.85 Million exceeds net income of CA$88.61 Million, indicating high earnings quality where cash backs reported profits. Explore Northland Power Inc. debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

5.78x
Operating CF / Net Income

Operating Cash Flow

CA$511.85 Million
CAD

Net Income

CA$88.61 Million
CAD

Data as of

Mar 2026
Most recent filing

Northland Power Inc. Cash Flow Quality Index (1999–2024)

Historical Cash Flow Quality Index for Northland Power Inc. across 20 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Northland Power Inc..

Annual Cash Flow Quality Index for Northland Power Inc. (1999–2024)

Year-by-year earnings quality comparison for Northland Power Inc..

Year Quality Index Operating CF (CAD) Net Income YoY Change
2024 2.51x CA$683.18 Million CA$271.82 Million ▲ +39.0%
2022 1.81x CA$1.50 Billion CA$827.73 Million ▼ -74.2%
2021 7.00x CA$1.33 Billion CA$189.56 Million ▲ +163.6%
2020 2.66x CA$1.01 Billion CA$381.08 Million ▼ -8.9%
2019 2.92x CA$935.70 Million CA$320.76 Million ▼ -1.0%
2018 2.95x CA$819.76 Million CA$278.13 Million ▼ -17.7%
2017 3.58x CA$576.75 Million CA$161.12 Million ▼ -18.2%
2016 4.38x CA$531.80 Million CA$121.46 Million ▼ -98.1%
2015 235.75x CA$269.46 Million CA$1.14 Million ▲ +19324.4%
2013 1.21x CA$183.43 Million CA$151.13 Million ▼ -33.7%
2009 1.83x CA$64.58 Million CA$35.26 Million ▲ +15.1%
2008 1.59x CA$102.76 Million CA$64.56 Million ▼ -23.0%
2006 2.07x CA$70.57 Million CA$34.15 Million ▲ +64.6%
2005 1.26x CA$55.63 Million CA$44.32 Million ▼ -28.2%
2004 1.75x CA$47.41 Million CA$27.14 Million ▼ -19.6%
2003 2.17x CA$40.88 Million CA$18.81 Million ▲ +33.2%
2002 1.63x CA$31.28 Million CA$19.17 Million ▲ +5.3%
2001 1.55x CA$32.00 Million CA$20.64 Million ▲ +27.1%
2000 1.22x CA$23.14 Million CA$18.96 Million ▼ -23.4%
1999 1.59x CA$29.27 Million CA$18.39 Million —
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.