Toromont Industries Ltd. (TIH) — Cash Flow Quality Index
Toromont Industries Ltd. (TIH) has a Cash Flow Quality Index of 0.92x as of June 2025. Operating cash flow of CA$113.88 Million is below net income of CA$124.35 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore how well can Toromont Industries Ltd. service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Toromont Industries Ltd. Cash Flow Quality Index (1993–2024)
Historical Cash Flow Quality Index for Toromont Industries Ltd. across 32 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see TIH cash flow metrics.
Annual Cash Flow Quality Index for Toromont Industries Ltd. (1993–2024)
Year-by-year earnings quality comparison for Toromont Industries Ltd..
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 0.71x | CA$359.23 Million | CA$506.52 Million | ▲ +5.5% |
| 2023 | 0.67x | CA$355.79 Million | CA$529.11 Million | ▲ +40.8% |
| 2022 | 0.48x | CA$216.95 Million | CA$454.20 Million | ▼ -70.7% |
| 2021 | 1.63x | CA$542.72 Million | CA$332.71 Million | ▲ +19.1% |
| 2020 | 1.37x | CA$349.03 Million | CA$254.91 Million | ▲ +168.9% |
| 2019 | 0.51x | CA$146.03 Million | CA$286.80 Million | ▼ -74.7% |
| 2018 | 2.01x | CA$506.18 Million | CA$251.98 Million | ▲ +35.2% |
| 2017 | 1.49x | CA$261.51 Million | CA$175.97 Million | ▲ +22.6% |
| 2016 | 1.21x | CA$188.81 Million | CA$155.75 Million | ▲ +55.1% |
| 2015 | 0.78x | CA$113.88 Million | CA$145.67 Million | ▼ -27.4% |
| 2014 | 1.08x | CA$143.51 Million | CA$133.20 Million | ▼ -33.9% |
| 2013 | 1.63x | CA$200.54 Million | CA$123.03 Million | ▲ +426.0% |
| 2012 | 0.31x | CA$37.35 Million | CA$120.55 Million | ▼ -79.4% |
| 2011 | 1.50x | CA$154.25 Million | CA$102.68 Million | ▼ -42.0% |
| 2010 | 2.59x | CA$255.65 Million | CA$98.65 Million | ▲ +59.1% |
| 2009 | 1.63x | CA$196.25 Million | CA$120.52 Million | ▲ +38.9% |
| 2008 | 1.17x | CA$164.71 Million | CA$140.52 Million | ▼ -18.9% |
| 2007 | 1.45x | CA$176.81 Million | CA$122.28 Million | ▲ +50.6% |
| 2006 | 0.96x | CA$95.48 Million | CA$99.42 Million | ▲ +208.1% |
| 2005 | 0.31x | CA$24.61 Million | CA$78.96 Million | ▼ -63.6% |
| 2004 | 0.86x | CA$60.31 Million | CA$70.52 Million | ▼ -41.0% |
| 2003 | 1.45x | CA$87.31 Million | CA$60.23 Million | ▼ -16.9% |
| 2002 | 1.74x | CA$72.20 Million | CA$41.38 Million | ▲ +141.6% |
| 2001 | 0.72x | CA$31.57 Million | CA$43.70 Million | ▲ +98.6% |
| 2000 | 0.36x | CA$11.76 Million | CA$32.34 Million | ▼ -80.4% |
| 1999 | 1.86x | CA$59.60 Million | CA$32.10 Million | ▲ +379.2% |
| 1998 | 0.39x | CA$14.80 Million | CA$38.20 Million | ▼ -28.4% |
| 1997 | 0.54x | CA$32.90 Million | CA$60.80 Million | ▼ -45.4% |
| 1996 | 0.99x | CA$21.70 Million | CA$21.90 Million | ▲ +468.3% |
| 1995 | 0.17x | CA$3.40 Million | CA$19.50 Million | ▼ -61.8% |
| 1994 | 0.46x | CA$7.90 Million | CA$17.30 Million | ▼ -81.4% |
| 1993 | 2.46x | CA$19.20 Million | CA$7.80 Million | — |