Kingsway Financial Services Inc (KFS) — Cash Flow-to-Debt Ratio
Kingsway Financial Services Inc (KFS) has a Cash Flow-to-Debt Ratio of 0.01x as of September 2025, meaning its operating cash flow of $1.47 Million could theoretically repay 0% of its total liabilities ($199.31 Million) in one year. See how financially flexible is Kingsway Financial Services Inc to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Kingsway Financial Services Inc Cash Flow-to-Debt Ratio (1998–2024)
Historical debt coverage capacity for Kingsway Financial Services Inc across 27 annual periods. For the full cash flow conversion analysis, see Kingsway Financial Services Inc cash conversion from operations.
Annual Cash Flow-to-Debt Ratio for Kingsway Financial Services Inc (1998–2024)
Year-by-year debt coverage analysis for Kingsway Financial Services Inc. Check earnings quality score of Kingsway Financial Services Inc to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.01x | $1.07 Million | $168.31 Million | ▲ +104.2% |
| 2023 | -0.15x | $-26.19 Million | $173.11 Million | ▼ -173.5% |
| 2022 | -0.06x | $-14.57 Million | $263.53 Million | ▼ -286.6% |
| 2021 | -0.01x | $-5.91 Million | $412.96 Million | ▼ -431.1% |
| 2020 | 0.00x | $1.67 Million | $387.00 Million | ▲ +114.2% |
| 2019 | -0.03x | $-10.14 Million | $332.55 Million | ▼ -131.5% |
| 2018 | -0.01x | $-4.74 Million | $359.98 Million | ▲ +69.8% |
| 2017 | -0.04x | $-18.98 Million | $435.29 Million | ▼ -22.4% |
| 2016 | -0.04x | $-15.59 Million | $437.76 Million | ▲ +79.3% |
| 2015 | -0.17x | $-32.80 Million | $190.93 Million | ▼ -197.9% |
| 2014 | -0.06x | $-14.62 Million | $253.53 Million | ▲ +60.3% |
| 2013 | -0.15x | $-41.81 Million | $287.72 Million | ▲ +4.3% |
| 2012 | -0.15x | $-46.70 Million | $307.39 Million | ▲ +48.6% |
| 2011 | -0.30x | $-76.11 Million | $257.68 Million | ▼ -79.4% |
| 2010 | -0.16x | $-69.94 Million | $424.77 Million | ▲ +55.8% |
| 2009 | -0.37x | $-666.32 Million | $1.79 Billion | ▼ -132.9% |
| 2008 | -0.16x | $-462.47 Million | $2.89 Billion | ▼ -498.9% |
| 2007 | -0.03x | $-99.32 Million | $3.72 Billion | ▼ -150.3% |
| 2006 | 0.05x | $167.23 Million | $3.15 Billion | ▼ -42.0% |
| 2005 | 0.09x | $273.75 Million | $2.99 Billion | ▲ +107.6% |
| 2004 | 0.04x | $125.77 Million | $2.85 Billion | ▲ +335.6% |
| 2003 | 0.01x | $22.84 Million | $2.26 Billion | ▼ -63.6% |
| 2002 | 0.03x | $41.88 Million | $1.51 Billion | ▼ -11.3% |
| 2001 | 0.03x | $24.46 Million | $780.10 Million | ▼ -95.1% |
| 2000 | 0.65x | $61.68 Million | $95.44 Million | ▲ +194.0% |
| 1999 | 0.22x | $23.22 Million | $105.63 Million | ▼ -64.8% |
| 1998 | 0.63x | $41.08 Million | $65.69 Million | — |