Bitcoin Fund Unit (QBTC) — Cash Flow Quality Index

Latest as of June 2025: -0.09x

Bitcoin Fund Unit (QBTC) has a Cash Flow Quality Index of -0.09x as of June 2025. Operating cash flow of CA$-8.57 Million is below net income of CA$95.63 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Bitcoin Fund Unit (QBTC) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.09x
Operating CF / Net Income

Operating Cash Flow

CA$-8.57 Million
CAD

Net Income

CA$95.63 Million
CAD

Data as of

Jun 2025
Most recent filing

Bitcoin Fund Unit Cash Flow Quality Index (2020–2024)

Historical Cash Flow Quality Index for Bitcoin Fund Unit across 4 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Bitcoin Fund Unit generate cash.

Annual Cash Flow Quality Index for Bitcoin Fund Unit (2020–2024)

Year-by-year earnings quality comparison for Bitcoin Fund Unit.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2024 -0.03x CA$-12.24 Million CA$411.95 Million ▼ -8.7%
2023 -0.03x CA$-6.80 Million CA$248.78 Million ▲ +66.2%
2021 -0.08x CA$-25.51 Million CA$315.21 Million ▼ -971.8%
2020 -0.01x CA$-2.71 Million CA$358.35 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.