Kane Biotech Inc (KNE) — Cash Flow Quality Index

Latest as of June 2024: -0.24x

Kane Biotech Inc (KNE) has a Cash Flow Quality Index of -0.24x as of June 2024. Operating cash flow of CA$-2.17 Million is below net income of CA$9.18 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore KNE debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.24x
Operating CF / Net Income

Operating Cash Flow

CA$-2.17 Million
CAD

Net Income

CA$9.18 Million
CAD

Data as of

Jun 2024
Most recent filing

Kane Biotech Inc Cash Flow Quality Index (2024–2024)

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

Annual Cash Flow Quality Index for Kane Biotech Inc (2024–2024)

Year-by-year earnings quality comparison for Kane Biotech Inc.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2024 -0.67x CA$-4.11 Million CA$6.10 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.