Golden State Mining Ltd (GSM) — Financial Flexibility Index

Latest as of December 2025: -6.00x

Golden State Mining Ltd (GSM) has a Financial Flexibility Index of -6.00x as of December 2025. Free cash flow of AU$-691.00K (operating CF AU$-693.57K minus capex AU$2.58K) represents -6% of total liabilities (AU$115.10K). Check GSM tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Financial Flexibility Index

-6.00x
Free Cash Flow / Total Liabilities

Free Cash Flow

AU$-691.00K
Operating CF − Capex

Total Liabilities

AU$115.10K
AUD

Capital Expenditures

AU$2.58K
AUD

Golden State Mining Ltd Financial Flexibility Index (2018–2026)

Historical Financial Flexibility Index trend for Golden State Mining Ltd across 9 annual periods. For the full cash flow conversion analysis, see Golden State Mining Ltd (GSM) cash flow conversion.

Annual Financial Flexibility Index for Golden State Mining Ltd (2018–2026)

Year-by-year free cash flow to debt coverage for Golden State Mining Ltd. Explore GSM debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (AUD) Operating CF Total Liabilities YoY Change
2026 -9.15x AU$-1.09 Million AU$-1.10 Million AU$119.72K ▼ -225.0%
2025 -2.81x AU$-1.17 Million AU$-1.17 Million AU$416.04K ▲ +56.6%
2024 -6.48x AU$-2.77 Million AU$-2.78 Million AU$428.36K ▼ -32.4%
2023 -4.89x AU$-2.67 Million AU$-2.67 Million AU$545.66K ▲ +12.1%
2022 -5.56x AU$-3.32 Million AU$-3.35 Million AU$597.06K ▼ -18.1%
2021 -4.71x AU$-2.32 Million AU$-2.34 Million AU$492.63K ▼ -63.6%
2020 -2.88x AU$-1.40 Million AU$-1.46 Million AU$487.18K ▲ +10.0%
2019 -3.20x AU$-1.57 Million AU$-1.57 Million AU$489.69K ▼ -55.7%
2018 -2.05x AU$-240.53K AU$-268.46K AU$117.10K
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities