# Covalon Technologies Ltd. (CVALF)

> Healthcare · CA · Reports in CAD

Fundamental indicators from Sponda, adjusted for inflation.

[HTML version](https://sponda.capital/en/CVALF/fundamentals)

## Annual figures

| Year | Revenue (M) | Net Inc. (M) | FCF (M) | Debt (M) | Equity (M) |
| --- | --- | --- | --- | --- | --- |
| 2026 | $ 25.68M | $ 4.03M | $ 6.32M | $ 1.69M | $ 31.56M |
| 2025 | $ 32.82M | $ 2.06M | $ 1.73M | $ 2.25M | $ 30.73M |
| 2024 | $ 31.76M | $ 2.72M | $ 3.11M | $ 901.7K | $ 27.50M |
| 2023 | $ 27.60M | $ -4.63M | $ -4.67M | $ 1.56M | $ 18.79M |
| 2022 | $ 19.47M | $ -10.47M | $ -9.74M | $ 2.17M | $ 24.23M |
| 2021 | $ 22.31M | $ 26.78M | $ 506.1K | $ 2.59M | $ 33.37M |
| 2020 | $ 30.84M | $ -8.31M | $ -5.26M | $ 20.90M | $ 9.11M |
| 2019 | $ 40.95M | $ -11.00M | $ -4.95M | $ 18.10M | $ 14.93M |
| 2018 | $ 32.90M | $ 1.99M | $ -1.72M | $ 1.53M | $ 13.12M |
| 2017 | $ 34.35M | $ 2.28M | $ -432.7K | $ 0 | $ 8.98M |
| 2016 | $ 8.59M | $ -3.96M | $ -1.63M | $ 0 | $ 3.81M |
| 2015 | $ 9.85M | $ -1.22M | $ -3.26M | $ 846.5K | $ 4.79M |
| 2014 | $ 11.95M | $ 3.17M | $ 3.94M | $ 660.5K | $ 5.53M |
| 2013 | $ 5.53M | $ -1.33M | $ -2.25M | $ 516.0K | $ 2.95M |
| 2012 | $ 5.14M | $ -5.41M | $ -4.79M | $ 0 | $ 3.23M |
| 2011 | $ 3.54M | $ -4.87M | $ -4.66M | $ 0 | $ 7.02M |
| 2010 | $ 4.52M | $ -5.50M | $ -481.5K | $ 0 | $ 7.57M |
| 2009 | $ 3.12M | $ -6.97M | $ -9.16M | $ 0 | $ 10.94M |
| 2008 | $ 3.26M | $ -5.42M | $ -5.42M | $ 0 | $ 15.02M |
| 2007 | $ 1.89M | $ -4.51M | $ -916.8K | $ 0 | $ 17.59M |
| 2006 | $ 1.22M | $ -2.65M | $ -2.81M | $ 0 | $ 8.27M |

Columns not available in this view: annualPriceMultiples, dividends. They require live market data and are shown on the HTML page instead.

## Leverage and liquidity

| Indicator | Value |
| --- | --- |
| Gross Debt / Eq | 0.05 |
| Liabilities / Eq | 0.16 |
| Current Ratio | 8.56 |

## Debt coverage

| Indicator | Value |
| --- | --- |
| Gross Debt / Earnings | 5.63 |

## Other views

- [Metrics](https://sponda.capital/en/CVALF.md)
- [Charts](https://sponda.capital/en/CVALF/charts.md)
- [Compare](https://sponda.capital/en/CVALF/compare.md)
- [Indicator definitions](https://sponda.capital/en/screener.md)

Data as of 2026-08-29.