Northern Shield Resources Inc. (NRN) — Cash Flow-to-Debt Ratio
Northern Shield Resources Inc. (NRN) has a Cash Flow-to-Debt Ratio of -0.34x as of September 2025, meaning its operating cash flow of CA$-183.76K could theoretically repay 0% of its total liabilities (CA$533.75K) in one year. See Northern Shield Resources Inc. free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Northern Shield Resources Inc. Cash Flow-to-Debt Ratio (2002–2024)
Historical debt coverage capacity for Northern Shield Resources Inc. across 23 annual periods. Also explore NRN net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Northern Shield Resources Inc. (2002–2024)
Year-by-year debt coverage analysis for Northern Shield Resources Inc.. For market capitalisation and broader financial context, see NRN stock market capitalisation.
| Year | CF-to-Debt Ratio | Operating CF (CAD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 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 | — |