Advantage Oil & Gas Ltd. (AAV) — Financial Flexibility Index
Advantage Oil & Gas Ltd. (AAV) has a Financial Flexibility Index of 0.13x as of September 2025. Free cash flow of CA$174.69 Million (operating CF CA$80.10 Million minus capex CA$94.59 Million) represents 0% of total liabilities (CA$1.35 Billion). Check AAV cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Advantage Oil & Gas Ltd. Financial Flexibility Index (1989–2024)
Historical Financial Flexibility Index trend for Advantage Oil & Gas Ltd. across 33 annual periods. For the full cash flow conversion analysis, see AAV cash generation efficiency.
Annual Financial Flexibility Index for Advantage Oil & Gas Ltd. (1989–2024)
Year-by-year free cash flow to debt coverage for Advantage Oil & Gas Ltd.. Explore Advantage Oil & Gas Ltd. debt service capacity to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.40x | CA$520.59 Million | CA$217.53 Million | CA$1.31 Billion | ▼ -50.6% |
| 2023 | 0.80x | CA$596.96 Million | CA$323.35 Million | CA$742.63 Million | ▼ -29.5% |
| 2022 | 1.14x | CA$744.17 Million | CA$502.38 Million | CA$652.28 Million | ▲ +69.0% |
| 2021 | 0.67x | CA$360.99 Million | CA$223.15 Million | CA$534.87 Million | ▲ +28.4% |
| 2020 | 0.53x | CA$259.33 Million | CA$100.71 Million | CA$493.55 Million | ▼ -19.9% |
| 2019 | 0.66x | CA$329.70 Million | CA$156.06 Million | CA$502.36 Million | ▼ -22.9% |
| 2018 | 0.85x | CA$373.90 Million | CA$160.16 Million | CA$439.00 Million | ▼ -22.1% |
| 2017 | 1.09x | CA$414.83 Million | CA$186.40 Million | CA$379.51 Million | ▲ +4.2% |
| 2016 | 1.05x | CA$302.19 Million | CA$174.91 Million | CA$288.19 Million | ▲ +36.0% |
| 2015 | 0.77x | CA$304.86 Million | CA$113.36 Million | CA$395.50 Million | ▼ -31.8% |
| 2014 | 1.13x | CA$407.39 Million | CA$182.34 Million | CA$360.44 Million | ▲ +80.5% |
| 2013 | 0.63x | CA$351.26 Million | CA$165.02 Million | CA$560.83 Million | ▲ +43.0% |
| 2012 | 0.44x | CA$308.76 Million | CA$106.96 Million | CA$705.09 Million | ▼ -29.1% |
| 2011 | 0.62x | CA$452.98 Million | CA$218.18 Million | CA$733.86 Million | ▼ -8.0% |
| 2010 | 0.67x | CA$425.80 Million | CA$202.49 Million | CA$634.38 Million | ▲ +35.1% |
| 2009 | 0.50x | CA$343.56 Million | CA$172.69 Million | CA$691.44 Million | ▼ -14.4% |
| 2008 | 0.58x | CA$637.02 Million | CA$374.75 Million | CA$1.10 Billion | ▲ +46.8% |
| 2007 | 0.40x | CA$412.87 Million | CA$249.13 Million | CA$1.04 Billion | ▼ -14.9% |
| 2006 | 0.47x | CA$380.09 Million | CA$229.09 Million | CA$817.03 Million | ▼ -5.1% |
| 2005 | 0.49x | CA$290.04 Million | CA$186.61 Million | CA$591.38 Million | ▼ -42.5% |
| 2004 | 0.85x | CA$420.81 Million | CA$132.28 Million | CA$493.44 Million | ▲ +23.3% |
| 2003 | 0.69x | CA$174.68 Million | CA$98.47 Million | CA$252.61 Million | ▲ +51.1% |
| 2002 | 0.46x | CA$104.21 Million | CA$52.86 Million | CA$227.80 Million | ▲ +110.8% |
| 2001 | 0.22x | CA$21.66 Million | CA$11.95 Million | CA$99.76 Million | ▲ +482.3% |
| 1997 | 0.04x | CA$2.42 Million | CA$-16.07 Million | CA$64.85 Million | ▼ -96.9% |
| 1996 | 1.19x | CA$123.78 Million | CA$75.84 Million | CA$104.44 Million | ▲ +1700.3% |
| 1995 | 0.07x | CA$105.59 Million | CA$50.00 Million | CA$1.60 Billion | ▲ +196.2% |
| 1994 | 0.02x | CA$39.84 Million | CA$-43.06 Million | CA$1.79 Billion | ▼ -67.6% |
| 1993 | 0.07x | CA$97.47 Million | CA$19.63 Million | CA$1.42 Billion | ▲ +71725.4% |
| 1992 | 0.00x | CA$125.67K | CA$-25.13 Million | CA$1.31 Billion | ▼ -99.8% |
| 1991 | 0.04x | CA$27.26 Million | CA$3.21 Million | CA$616.41 Million | ▼ -40.8% |
| 1990 | 0.07x | CA$49.15 Million | CA$43.25 Million | CA$657.77 Million | ▲ +14.7% |
| 1989 | 0.07x | CA$61.17 Million | CA$38.36 Million | CA$938.76 Million | — |