Baytex Energy Corp (BTE) — Financial Flexibility Index

Latest as of December 2025: 0.39x

Baytex Energy Corp (BTE) has a Financial Flexibility Index of 0.39x as of December 2025. Free cash flow of CA$371.57 Million (operating CF CA$227.66 Million minus capex CA$143.91 Million) represents 0% of total liabilities (CA$956.37 Million). Also explore how fast is Baytex Energy Corp growing its equity to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.39x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$371.57 Million
Operating CF − Capex

Total Liabilities

CA$956.37 Million
CAD

Capital Expenditures

CA$143.91 Million
CAD

Baytex Energy Corp Financial Flexibility Index (1995–2025)

Historical Financial Flexibility Index trend for Baytex Energy Corp across 31 annual periods. Check how strategically is Baytex Energy Corp's equity deployed to assess the company's strategic physical and investment asset allocation.

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

Year-by-year free cash flow to debt coverage for Baytex Energy Corp. For the full company profile including market capitalisation, see BTE market cap.

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