Northern Shield Resources Inc. (NRN) — Cash Flow-to-Debt Ratio
Northern Shield Resources Inc. (NRN) has a Cash Flow-to-Debt Ratio of -1.16x as of March 2026, meaning its operating cash flow of CA$-523.99K could theoretically repay -1% of its total liabilities (CA$451.66K) in one year. See financial agility of Northern Shield Resources Inc. to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Northern Shield Resources Inc. Cash Flow-to-Debt Ratio (2002–2025)
Historical debt coverage capacity for Northern Shield Resources Inc. across 24 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Northern Shield Resources Inc..
Annual Cash Flow-to-Debt Ratio for Northern Shield Resources Inc. (2002–2025)
Year-by-year debt coverage analysis for Northern Shield Resources Inc.. Check Northern Shield Resources Inc. cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (CAD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | -1.47x | CA$-751.12K | CA$511.27K | ▼ -1047.5% |
| 2024 | 0.16x | CA$104.13K | CA$671.58K | ▲ +123.6% |
| 2023 | -0.66x | CA$-535.66K | CA$816.62K | ▼ -0.2% |
| 2022 | -0.65x | CA$-367.54K | CA$561.51K | ▲ +60.7% |
| 2021 | -1.67x | CA$-556.80K | CA$334.01K | ▼ -15.9% |
| 2020 | -1.44x | CA$-696.37K | CA$484.16K | ▲ +31.0% |
| 2019 | -2.09x | CA$-871.33K | CA$417.76K | ▲ +49.2% |
| 2018 | -4.10x | CA$-839.39K | CA$204.56K | ▲ +19.2% |
| 2017 | -5.08x | CA$-715.26K | CA$140.84K | ▼ -13.3% |
| 2016 | -4.48x | CA$-1.74 Million | CA$388.00K | ▼ -93.1% |
| 2015 | -2.32x | CA$-671.11K | CA$289.07K | ▼ -47.8% |
| 2014 | -1.57x | CA$-514.18K | CA$327.31K | ▼ -57.8% |
| 2013 | -1.00x | CA$-806.35K | CA$809.98K | ▲ +56.7% |
| 2012 | -2.30x | CA$-1.21 Million | CA$525.10K | ▼ -260.0% |
| 2011 | -0.64x | CA$-554.49K | CA$867.83K | ▲ +74.2% |
| 2010 | -2.48x | CA$-713.03K | CA$288.02K | ▲ +21.1% |
| 2009 | -3.14x | CA$-589.63K | CA$187.84K | ▼ -70.9% |
| 2008 | -1.84x | CA$-679.29K | CA$369.74K | ▲ +61.3% |
| 2007 | -4.75x | CA$-920.80K | CA$194.03K | ▲ +0.2% |
| 2006 | -4.76x | CA$-697.48K | CA$146.68K | ▼ -39.1% |
| 2005 | -3.42x | CA$-482.87K | CA$141.21K | ▼ -15.7% |
| 2004 | -2.96x | CA$-505.93K | CA$171.15K | ▼ -137.3% |
| 2003 | -1.25x | CA$-249.88K | CA$200.61K | ▲ +78.6% |
| 2002 | -5.83x | CA$-23.04K | CA$3.95K | — |