Thermal Energy International Inc. (TMG) — Cash Flow Quality Index

Latest as of November 2025: -3.12x

Thermal Energy International Inc. (TMG) has a Cash Flow Quality Index of -3.12x as of November 2025. Operating cash flow of CA$-1.81 Million is below net income of CA$578.39K, suggesting accrual-heavy earnings not yet converted to cash. Also explore Thermal Energy International Inc. assets under control for the complete picture of this company's asset base.

Cash Flow Quality Index

-3.12x
Operating CF / Net Income

Operating Cash Flow

CA$-1.81 Million
CAD

Net Income

CA$578.39K
CAD

Data as of

Nov 2025
Most recent filing

Thermal Energy International Inc. Cash Flow Quality Index (2012–2025)

Historical Cash Flow Quality Index for Thermal Energy International Inc. across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check tangible net worth ratio of Thermal Energy International Inc. to evaluate the tangible quality of the company's equity base.

Annual Cash Flow Quality Index for Thermal Energy International Inc. (2012–2025)

Year-by-year earnings quality comparison for Thermal Energy International Inc.. For live market cap and the full company financial profile, see TMG stock market capitalisation.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2025 -22.87x CA$-1.67 Million CA$73.17K ▼ -516.0%
2024 5.50x CA$5.40 Million CA$982.17K ▲ +181.7%
2023 1.95x CA$1.41 Million CA$720.45K ▲ +136.7%
2021 -5.32x CA$-1.19 Million CA$222.97K ▼ -1170.7%
2018 0.50x CA$307.69K CA$619.48K ▼ -88.4%
2017 4.28x CA$1.68 Million CA$392.73K ▲ +164.8%
2016 1.62x CA$418.17K CA$258.87K ▲ +121.4%
2014 0.73x CA$462.69K CA$634.02K ▲ +153.7%
2012 -1.36x CA$-115.20K CA$84.73K
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.