Pender Growth Fund VCC Inc (PTF) — Cash Flow Quality Index

Latest as of June 2025: -0.62x

Pender Growth Fund VCC Inc (PTF) has a Cash Flow Quality Index of -0.62x as of June 2025. Operating cash flow of CA$-5.44 Million is below net income of CA$8.74 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Pender Growth Fund VCC Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.62x
Operating CF / Net Income

Operating Cash Flow

CA$-5.44 Million
CAD

Net Income

CA$8.74 Million
CAD

Data as of

Jun 2025
Most recent filing

Pender Growth Fund VCC Inc Cash Flow Quality Index (2013–2024)

Historical Cash Flow Quality Index for Pender Growth Fund VCC Inc across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Pender Growth Fund VCC Inc cash conversion from operations.

Annual Cash Flow Quality Index for Pender Growth Fund VCC Inc (2013–2024)

Year-by-year earnings quality comparison for Pender Growth Fund VCC Inc.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2024 0.29x CA$16.30 Million CA$55.47 Million ▼ -94.4%
2023 5.27x CA$5.42 Million CA$1.03 Million ▲ +20539.7%
2021 0.03x CA$3.88 Million CA$152.10 Million ▲ +107.0%
2020 -0.37x CA$-5.31 Million CA$14.48 Million ▲ +88.1%
2019 -3.09x CA$-6.38 Million CA$2.06 Million ▼ -91.8%
2017 -1.61x CA$-957.80K CA$594.35K ▼ -329.6%
2016 0.70x CA$6.93 Million CA$9.87 Million ▼ -21.4%
2015 0.89x CA$2.77 Million CA$3.10 Million ▲ +1279.9%
2014 0.06x CA$73.74K CA$1.14 Million ▼ -92.9%
2013 0.91x CA$3.07 Million CA$3.36 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.