Magnetic North Acquisition Corp (MNC) — Cash Flow-to-Debt Ratio

Latest as of September 2024: -0.09x

Magnetic North Acquisition Corp (MNC) has a Cash Flow-to-Debt Ratio of -0.09x as of September 2024, meaning its operating cash flow of CA$-419.53K could theoretically repay 0% of its total liabilities (CA$4.68 Million) in one year. See how much free cash does Magnetic North Acquisition Corp generate to measure how efficiently the company converts operating cash flow to free cash.

CF-to-Debt Ratio

-0.09x
Operating CF / Total Liabilities

Operating Cash Flow

CA$-419.53K
CAD

Total Liabilities

CA$4.68 Million
CAD

Data as of

Sep 2024
Most recent filing

Magnetic North Acquisition Corp Cash Flow-to-Debt Ratio (2017–2023)

Historical debt coverage capacity for Magnetic North Acquisition Corp across 7 annual periods. Also explore Magnetic North Acquisition Corp annual equity growth to track the company's year-over-year net asset growth rate.

Annual Cash Flow-to-Debt Ratio for Magnetic North Acquisition Corp (2017–2023)

Year-by-year debt coverage analysis for Magnetic North Acquisition Corp. For market capitalisation and broader financial context, see Magnetic North Acquisition Corp (MNC) total market value.

Year CF-to-Debt Ratio Operating CF (CAD) Total Liabilities YoY Change
2023 -0.07x CA$-1.05 Million CA$15.89 Million ▼ -80.2%
2022 -0.04x CA$-695.13K CA$19.02 Million ▼ -42.5%
2021 -0.03x CA$-469.83K CA$18.33 Million ▲ +99.0%
2020 -2.65x CA$-1.40 Million CA$527.52K ▼ -281.2%
2019 -0.69x CA$-428.36K CA$616.77K ▼ -384.8%
2018 -0.14x CA$-113.05K CA$789.06K ▲ +29.6%
2017 -0.20x CA$-82.37K CA$404.84K
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.