Cardinal Energy Ltd (CJ) — Financial Flexibility Index

Latest as of June 2026: 0.39x

Cardinal Energy Ltd (CJ) has a Financial Flexibility Index of 0.39x as of June 2026. Free cash flow of CA$178.47 Million (operating CF CA$114.90 Million minus capex CA$63.58 Million) represents 0% of total liabilities (CA$463.32 Million). Check Cardinal Energy Ltd total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.39x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$178.47 Million
Operating CF − Capex

Total Liabilities

CA$463.32 Million
CAD

Capital Expenditures

CA$63.58 Million
CAD

Cardinal Energy Ltd Financial Flexibility Index (2012–2025)

Historical Financial Flexibility Index trend for Cardinal Energy Ltd across 14 annual periods. For the full cash flow conversion analysis, see Cardinal Energy Ltd (CJ) cash flow conversion.

Annual Financial Flexibility Index for Cardinal Energy Ltd (2012–2025)

Year-by-year free cash flow to debt coverage for Cardinal Energy Ltd. Explore cash flow to debt ratio of Cardinal Energy Ltd to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
2025 0.55x CA$285.16 Million CA$206.82 Million CA$521.74 Million ▼ -41.0%
2024 0.93x CA$350.82 Million CA$247.54 Million CA$378.72 Million ▼ -26.1%
2023 1.25x CA$334.69 Million CA$230.26 Million CA$267.16 Million ▼ -37.2%
2022 1.99x CA$457.92 Million CA$337.26 Million CA$229.64 Million ▲ +291.7%
2021 0.51x CA$181.52 Million CA$125.12 Million CA$356.60 Million ▲ +155.3%
2020 0.20x CA$75.03 Million CA$43.52 Million CA$376.29 Million ▼ -55.8%
2019 0.45x CA$185.88 Million CA$119.98 Million CA$411.93 Million ▲ +15.8%
2018 0.39x CA$161.26 Million CA$88.77 Million CA$413.71 Million ▼ -58.0%
2017 0.93x CA$443.96 Million CA$76.53 Million CA$478.63 Million ▲ +113.9%
2016 0.43x CA$128.01 Million CA$60.96 Million CA$295.16 Million ▼ -53.8%
2015 0.94x CA$266.41 Million CA$86.73 Million CA$283.89 Million ▼ -72.5%
2014 3.41x CA$564.01 Million CA$92.16 Million CA$165.32 Million ▼ -7.9%
2013 3.71x CA$245.68 Million CA$8.91 Million CA$66.31 Million ▲ +5737.4%
2012 0.06x CA$1.31 Million CA$686.00K CA$20.62 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities