Covalon Technologies Ltd. (COV) — Cash Flow-to-Debt Ratio
Covalon Technologies Ltd. (COV) has a Cash Flow-to-Debt Ratio of 0.90x as of December 2025, meaning its operating cash flow of CA$5.75 Million could theoretically repay 1% of its total liabilities (CA$6.41 Million) in one year. See COV financial flexibility index 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
Covalon Technologies Ltd. Cash Flow-to-Debt Ratio (2005–2025)
Historical debt coverage capacity for Covalon Technologies Ltd. across 21 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Covalon Technologies Ltd..
Annual Cash Flow-to-Debt Ratio for Covalon Technologies Ltd. (2005–2025)
Year-by-year debt coverage analysis for Covalon Technologies Ltd.. Check cash flow quality index of Covalon Technologies Ltd. to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (CAD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.42x | CA$2.29 Million | CA$5.40 Million | ▼ -47.5% |
| 2024 | 0.81x | CA$3.47 Million | CA$4.30 Million | ▲ +254.9% |
| 2023 | -0.52x | CA$-3.18 Million | CA$6.11 Million | ▲ +59.9% |
| 2022 | -1.30x | CA$-7.99 Million | CA$6.15 Million | ▼ -1607.8% |
| 2021 | 0.09x | CA$621.37K | CA$7.21 Million | ▲ +154.8% |
| 2020 | -0.16x | CA$-4.03 Million | CA$25.59 Million | ▼ -37.4% |
| 2019 | -0.11x | CA$-2.83 Million | CA$24.68 Million | ▼ -15.0% |
| 2018 | -0.10x | CA$-655.47K | CA$6.58 Million | ▼ -2062.8% |
| 2017 | 0.01x | CA$15.15K | CA$2.99 Million | ▲ +101.3% |
| 2016 | -0.38x | CA$-1.03 Million | CA$2.68 Million | ▲ +52.0% |
| 2015 | -0.80x | CA$-2.27 Million | CA$2.84 Million | ▼ -162.5% |
| 2014 | 1.27x | CA$3.10 Million | CA$2.43 Million | ▲ +333.7% |
| 2013 | -0.55x | CA$-1.49 Million | CA$2.72 Million | ▲ +54.5% |
| 2012 | -1.20x | CA$-3.27 Million | CA$2.73 Million | ▲ +16.8% |
| 2011 | -1.44x | CA$-3.32 Million | CA$2.31 Million | ▼ -6708.1% |
| 2010 | -0.02x | CA$-58.20K | CA$2.75 Million | ▲ +99.1% |
| 2009 | -2.42x | CA$-4.67 Million | CA$1.93 Million | ▼ -99.7% |
| 2008 | -1.21x | CA$-2.76 Million | CA$2.28 Million | ▼ -2100.4% |
| 2007 | -0.06x | CA$-146.21K | CA$2.65 Million | ▲ +98.7% |
| 2006 | -4.40x | CA$-2.32 Million | CA$527.43K | ▼ -231.0% |
| 2005 | -1.33x | CA$-941.80K | CA$707.83K | — |