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 free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
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. Also explore how fast is Covalon Technologies Ltd. growing its equity to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Covalon Technologies Ltd. (2005–2025)
Year-by-year debt coverage analysis for Covalon Technologies Ltd.. For market capitalisation and broader financial context, see market cap of Covalon Technologies Ltd..
| 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 | — |