Advantage Oil & Gas Ltd. Financial Flexibility Index

Latest as of September 2025: 0.13x

Advantage Oil & Gas Ltd. 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). Explore AAV capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.

Financial Flexibility Index

0.13x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$174.69 Million
Operating CF − Capex

Total Liabilities

CA$1.35 Billion
CAD

Capital Expenditures

CA$94.59 Million
CAD

Financial Flexibility Index of Advantage Oil & Gas Ltd. (1989–2024)

Financial flexibility index of Advantage Oil & Gas Ltd. from 1989 to 2024. Historical Financial Flexibility Index trend for Advantage Oil & Gas Ltd. across 33 annual periods. Check Advantage Oil & Gas Ltd. cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Advantage Oil & Gas Ltd. Financial Flexibility Index by Year (1989–2024)

Advantage Oil & Gas Ltd. financial flexibility index by year from 1989 to 2024. Year-by-year free cash flow to debt coverage for Advantage Oil & Gas Ltd.. For the full cash flow conversion analysis, see Advantage Oil & Gas Ltd. (AAV) cash conversion ratio.

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 —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities