Horizon Petroleum Ltd (HPL) — Cash Flow Quality Index

Latest as of February 2021: 0.06x

Horizon Petroleum Ltd (HPL) has a Cash Flow Quality Index of 0.06x as of February 2021. Operating cash flow of CA$10.38K is below net income of CA$161.42K, suggesting accrual-heavy earnings not yet converted to cash. Explore Horizon Petroleum Ltd debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

0.06x
Operating CF / Net Income

Operating Cash Flow

CA$10.38K
CAD

Net Income

CA$161.42K
CAD

Data as of

Feb 2021
Most recent filing

Horizon Petroleum Ltd Cash Flow Quality Index (2020–2020)

Historical Cash Flow Quality Index for Horizon Petroleum Ltd across 1 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see HPL cash flow conversion.

Annual Cash Flow Quality Index for Horizon Petroleum Ltd (2020–2020)

Year-by-year earnings quality comparison for Horizon Petroleum Ltd.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2020 -0.31x CA$-172.92K CA$562.75K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.