Baytex Energy Corp (BTE) — Financial Flexibility Index

Latest as of June 2026: 0.35x

Baytex Energy Corp (BTE) has a Financial Flexibility Index of 0.35x as of June 2026. Free cash flow of CA$353.67 Million (operating CF CA$230.85 Million minus capex CA$122.81 Million) represents 0% of total liabilities (CA$1.02 Billion). Check Baytex Energy Corp (BTE) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.35x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$353.67 Million
Operating CF − Capex

Total Liabilities

CA$1.02 Billion
CAD

Capital Expenditures

CA$122.81 Million
CAD

Baytex Energy Corp Financial Flexibility Index (1995–2025)

Historical Financial Flexibility Index trend for Baytex Energy Corp across 31 annual periods. For the full cash flow conversion analysis, see Baytex Energy Corp operating cash flow efficiency.

Annual Financial Flexibility Index for Baytex Energy Corp (1995–2025)

Year-by-year free cash flow to debt coverage for Baytex Energy Corp. Explore BTE operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
2025 2.85x CA$2.73 Billion CA$1.49 Billion CA$956.37 Million ▲ +217.3%
2024 0.90x CA$3.22 Billion CA$1.91 Billion CA$3.59 Billion ▲ +38.8%
2023 0.65x CA$2.35 Billion CA$1.30 Billion CA$3.64 Billion ▼ -21.0%
2022 0.82x CA$1.70 Billion CA$1.17 Billion CA$2.07 Billion ▲ +108.8%
2021 0.39x CA$1.03 Billion CA$712.38 Million CA$2.62 Billion ▲ +74.5%
2020 0.22x CA$635.72 Million CA$353.10 Million CA$2.83 Billion ▼ -52.1%
2019 0.47x CA$1.39 Billion CA$834.94 Million CA$2.97 Billion ▲ +58.4%
2018 0.30x CA$983.55 Million CA$485.32 Million CA$3.32 Billion ▲ +0.6%
2017 0.29x CA$723.36 Million CA$325.21 Million CA$2.46 Billion ▲ +63.0%
2016 0.18x CA$472.26 Million CA$247.37 Million CA$2.62 Billion ▼ -48.2%
2015 0.35x CA$1.07 Billion CA$549.42 Million CA$3.07 Billion ▼ -26.4%
2014 0.47x CA$1.76 Billion CA$974.57 Million CA$3.72 Billion ▼ -43.9%
2013 0.85x CA$1.20 Billion CA$638.48 Million CA$1.42 Billion ▼ -8.7%
2012 0.93x CA$1.15 Billion CA$577.30 Million CA$1.24 Billion ▲ +15.2%
2011 0.80x CA$1.01 Billion CA$571.86 Million CA$1.26 Billion ▼ -0.6%
2010 0.81x CA$703.18 Million CA$441.44 Million CA$869.89 Million ▲ +17.4%
2009 0.69x CA$600.33 Million CA$303.16 Million CA$872.01 Million ▼ -17.8%
2008 0.84x CA$741.15 Million CA$471.24 Million CA$885.00 Million ▲ +50.0%
2007 0.56x CA$438.05 Million CA$286.45 Million CA$784.69 Million ▼ -14.9%
2006 0.66x CA$395.89 Million CA$261.98 Million CA$603.29 Million ▲ +13.9%
2005 0.58x CA$406.12 Million CA$204.64 Million CA$704.82 Million ▲ +27.2%
2004 0.45x CA$321.14 Million CA$137.07 Million CA$708.70 Million ▼ -25.2%
2003 0.61x CA$314.93 Million CA$128.17 Million CA$519.68 Million ▲ +9.0%
2002 0.56x CA$354.65 Million CA$172.61 Million CA$638.07 Million ▲ +2.8%
2001 0.54x CA$357.96 Million CA$168.45 Million CA$661.96 Million ▲ +56.2%
2000 0.35x CA$155.84 Million CA$155.84 Million CA$450.09 Million ▼ -59.8%
1999 0.86x CA$162.20 Million CA$67.80 Million CA$188.10 Million ▼ -9.0%
1998 0.95x CA$187.20 Million CA$12.70 Million CA$197.50 Million ▼ -25.5%
1997 1.27x CA$251.80 Million CA$74.10 Million CA$198.00 Million ▼ -60.1%
1996 3.19x CA$67.30 Million CA$9.50 Million CA$21.10 Million ▲ +81.9%
1995 1.75x CA$22.80 Million CA$2.80 Million CA$13.00 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities