Thermal Energy International Inc. Cash Flow-to-Debt Ratio
Thermal Energy International Inc. cash flow-to-debt ratio. Thermal Energy International Inc. (TMG) has a Cash Flow-to-Debt Ratio of -0.19x as of November 2025, meaning its operating cash flow of CA$-1.81 Million could theoretically repay 0% of its total liabilities (CA$9.63 Million) in one year. Check TMG operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Thermal Energy International Inc. (1997–2025)
Cash flow-to-debt ratio of Thermal Energy International Inc. from 1997 to 2025. Historical debt coverage capacity for Thermal Energy International Inc. across 28 annual periods. Check Thermal Energy International Inc. (TMG) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Thermal Energy International Inc. Cash Flow-to-Debt Ratio by Year (1997–2025)
Thermal Energy International Inc. cash flow-to-debt ratio by year from 1997 to 2025. Year-by-year debt coverage analysis for Thermal Energy International Inc.. For the full cash flow conversion analysis, see Thermal Energy International Inc. (TMG) cash flow conversion.
| Year | CF-to-Debt Ratio | Operating CF (CAD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | -0.20x | CA$-1.67 Million | CA$8.38 Million | ▼ -149.4% |
| 2024 | 0.40x | CA$5.40 Million | CA$13.37 Million | ▲ +232.9% |
| 2023 | 0.12x | CA$1.41 Million | CA$11.59 Million | ▲ +163.3% |
| 2022 | -0.19x | CA$-1.64 Million | CA$8.55 Million | ▼ -38.8% |
| 2021 | -0.14x | CA$-1.19 Million | CA$8.58 Million | ▼ -189.0% |
| 2020 | 0.16x | CA$1.31 Million | CA$8.44 Million | ▲ +149.1% |
| 2019 | 0.06x | CA$570.30K | CA$9.15 Million | ▼ -7.1% |
| 2018 | 0.07x | CA$307.69K | CA$4.59 Million | ▼ -80.6% |
| 2017 | 0.35x | CA$1.68 Million | CA$4.87 Million | ▲ +137.3% |
| 2016 | 0.15x | CA$418.17K | CA$2.88 Million | ▲ +125.5% |
| 2015 | -0.57x | CA$-1.81 Million | CA$3.16 Million | ▼ -425.8% |
| 2014 | 0.18x | CA$462.69K | CA$2.64 Million | ▲ +151.0% |
| 2013 | -0.34x | CA$-759.00K | CA$2.21 Million | ▼ -916.3% |
| 2012 | -0.03x | CA$-115.20K | CA$3.41 Million | ▼ -406.0% |
| 2011 | 0.01x | CA$25.32K | CA$2.29 Million | ▲ +101.1% |
| 2010 | -0.98x | CA$-2.06 Million | CA$2.11 Million | ▲ +60.5% |
| 2009 | -2.47x | CA$-5.02 Million | CA$2.03 Million | ▼ -990.3% |
| 2008 | -0.23x | CA$-855.04K | CA$3.77 Million | ▲ +74.8% |
| 2007 | -0.90x | CA$-1.35 Million | CA$1.50 Million | ▲ +53.8% |
| 2006 | -1.94x | CA$-2.39 Million | CA$1.23 Million | ▼ -189.7% |
| 2005 | -0.67x | CA$-1.01 Million | CA$1.50 Million | ▼ -159.5% |
| 2004 | -0.26x | CA$-396.06K | CA$1.53 Million | ▼ -129.8% |
| 2003 | -0.11x | CA$-256.88K | CA$2.28 Million | ▲ +70.5% |
| 2002 | -0.38x | CA$-528.70K | CA$1.38 Million | ▼ -188.0% |
| 2001 | -0.13x | CA$-444.35K | CA$3.35 Million | ▲ +73.0% |
| 2000 | -0.49x | CA$-560.37K | CA$1.14 Million | ▼ -329.9% |
| 1998 | 0.21x | CA$247.89K | CA$1.16 Million | ▲ +562.9% |
| 1997 | -0.05x | CA$-61.77K | CA$1.34 Million | — |