Covalon Technologies Ltd. (COV) — Cash Flow Quality Index
Covalon Technologies Ltd. (COV) has a Cash Flow Quality Index of 45.88x as of December 2025. Operating cash flow of CA$5.75 Million exceeds net income of CA$125.38K, indicating high earnings quality where cash backs reported profits. Explore Covalon Technologies Ltd. cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Covalon Technologies Ltd. Cash Flow Quality Index (2014–2025)
Historical Cash Flow Quality Index for Covalon Technologies Ltd. across 6 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see COV cash generation efficiency.
Annual Cash Flow Quality Index for Covalon Technologies Ltd. (2014–2025)
Year-by-year earnings quality comparison for Covalon Technologies Ltd..
| Year | Quality Index | Operating CF (CAD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.11x | CA$2.29 Million | CA$2.06 Million | ▼ -14.5% |
| 2024 | 1.30x | CA$3.47 Million | CA$2.67 Million | ▼ -12.3% |
| 2021 | 1.48x | CA$621.37K | CA$418.96K | ▲ +466.0% |
| 2018 | -0.41x | CA$-655.47K | CA$1.62 Million | ▼ -4946.5% |
| 2017 | 0.01x | CA$15.15K | CA$1.81 Million | ▼ -99.4% |
| 2014 | 1.29x | CA$3.10 Million | CA$2.40 Million | — |