Covalon Technologies Ltd. Financial Flexibility Index
Covalon Technologies Ltd. financial flexibility index. Covalon Technologies Ltd. (COV) has a Financial Flexibility Index of 1.01x as of December 2025. Free cash flow of CA$6.47 Million (operating CF CA$5.75 Million minus capex CA$718.55K) represents 1% of total liabilities (CA$6.41 Million). Explore how much does Covalon Technologies Ltd. reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Covalon Technologies Ltd. (2005–2025)
Financial flexibility index of Covalon Technologies Ltd. from 2005 to 2025. Historical Financial Flexibility Index trend for Covalon Technologies Ltd. across 21 annual periods. Check COV capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Covalon Technologies Ltd. Financial Flexibility Index by Year (2005–2025)
Covalon Technologies Ltd. financial flexibility index by year from 2005 to 2025. Year-by-year free cash flow to debt coverage for Covalon Technologies Ltd.. For the full cash flow conversion analysis, see COV cash generation efficiency.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.58x | CA$3.14 Million | CA$2.29 Million | CA$5.40 Million | ▼ -35.7% |
| 2024 | 0.90x | CA$3.89 Million | CA$3.47 Million | CA$4.30 Million | ▲ +395.7% |
| 2023 | -0.31x | CA$-1.87 Million | CA$-3.18 Million | CA$6.11 Million | ▲ +72.8% |
| 2022 | -1.12x | CA$-6.91 Million | CA$-7.99 Million | CA$6.15 Million | ▼ -1113.9% |
| 2021 | 0.11x | CA$799.03K | CA$621.37K | CA$7.21 Million | ▲ +177.6% |
| 2020 | -0.14x | CA$-3.65 Million | CA$-4.03 Million | CA$25.59 Million | ▼ -128.5% |
| 2019 | -0.06x | CA$-1.54 Million | CA$-2.83 Million | CA$24.68 Million | ▼ -586.1% |
| 2018 | 0.01x | CA$84.62K | CA$-655.47K | CA$6.58 Million | ▼ -89.8% |
| 2017 | 0.13x | CA$374.85K | CA$15.15K | CA$2.99 Million | ▲ +143.5% |
| 2016 | -0.29x | CA$-774.10K | CA$-1.03 Million | CA$2.68 Million | ▲ +59.5% |
| 2015 | -0.71x | CA$-2.03 Million | CA$-2.27 Million | CA$2.84 Million | ▼ -153.9% |
| 2014 | 1.32x | CA$3.22 Million | CA$3.10 Million | CA$2.43 Million | ▲ +377.6% |
| 2013 | -0.48x | CA$-1.30 Million | CA$-1.49 Million | CA$2.72 Million | ▲ +56.8% |
| 2012 | -1.10x | CA$-3.01 Million | CA$-3.27 Million | CA$2.73 Million | ▲ +22.3% |
| 2011 | -1.42x | CA$-3.28 Million | CA$-3.32 Million | CA$2.31 Million | ▼ -1812.0% |
| 2010 | 0.08x | CA$228.04K | CA$-58.20K | CA$2.75 Million | ▲ +105.4% |
| 2009 | -1.52x | CA$-2.93 Million | CA$-4.67 Million | CA$1.93 Million | ▼ -93.9% |
| 2008 | -0.79x | CA$-1.79 Million | CA$-2.76 Million | CA$2.28 Million | ▼ -725.6% |
| 2007 | 0.13x | CA$332.70K | CA$-146.21K | CA$2.65 Million | ▲ +102.9% |
| 2006 | -4.30x | CA$-2.27 Million | CA$-2.32 Million | CA$527.43K | ▼ -471.6% |
| 2005 | -0.75x | CA$-532.50K | CA$-941.80K | CA$707.83K | — |