Northland Power Inc. (NPI) — Financial Flexibility Index

Latest as of March 2026: 0.06x

Northland Power Inc. (NPI) has a Financial Flexibility Index of 0.06x as of March 2026. Free cash flow of CA$558.12 Million (operating CF CA$511.85 Million minus capex CA$46.28 Million) represents 0% of total liabilities (CA$8.95 Billion). Check Northland Power Inc. (NPI) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.06x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$558.12 Million
Operating CF − Capex

Total Liabilities

CA$8.95 Billion
CAD

Capital Expenditures

CA$46.28 Million
CAD

Northland Power Inc. Financial Flexibility Index (1999–2025)

Historical Financial Flexibility Index trend for Northland Power Inc. across 27 annual periods. For the full cash flow conversion analysis, see Northland Power Inc. (NPI) cash conversion ratio.

Annual Financial Flexibility Index for Northland Power Inc. (1999–2025)

Year-by-year free cash flow to debt coverage for Northland Power Inc.. Explore Northland Power Inc. cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
2025 0.14x CA$1.25 Billion CA$1.11 Billion CA$8.81 Billion ▲ +3.7%
2024 0.14x CA$1.24 Billion CA$683.18 Million CA$9.05 Billion ▲ +38.6%
2023 0.10x CA$900.48 Million CA$459.37 Million CA$9.14 Billion ▼ -52.0%
2022 0.21x CA$1.95 Billion CA$1.50 Billion CA$9.50 Billion ▲ +13.2%
2021 0.18x CA$1.80 Billion CA$1.33 Billion CA$9.91 Billion ▲ +37.5%
2020 0.13x CA$1.24 Billion CA$1.01 Billion CA$9.40 Billion ▼ -30.5%
2019 0.19x CA$1.70 Billion CA$935.70 Million CA$8.97 Billion ▲ +37.2%
2018 0.14x CA$1.22 Billion CA$819.76 Million CA$8.80 Billion ▼ -12.4%
2017 0.16x CA$1.39 Billion CA$576.75 Million CA$8.82 Billion ▼ -46.7%
2016 0.30x CA$2.16 Billion CA$531.80 Million CA$7.29 Billion ▼ -20.0%
2015 0.37x CA$2.21 Billion CA$269.46 Million CA$5.96 Billion ▼ -30.3%
2014 0.53x CA$2.07 Billion CA$255.20 Million CA$3.90 Billion ▲ +116.1%
2013 0.25x CA$518.74 Million CA$183.43 Million CA$2.11 Billion ▲ +9.9%
2012 0.22x CA$406.33 Million CA$102.59 Million CA$1.82 Billion ▼ -21.2%
2011 0.28x CA$446.75 Million CA$84.49 Million CA$1.57 Billion ▼ -25.2%
2010 0.38x CA$410.70 Million CA$89.66 Million CA$1.08 Billion ▲ +77.0%
2009 0.21x CA$207.39 Million CA$64.58 Million CA$966.92 Million ▼ -46.9%
2008 0.40x CA$102.86 Million CA$102.76 Million CA$254.58 Million ▲ +7.7%
2007 0.38x CA$98.83 Million CA$98.69 Million CA$263.53 Million ▲ +5.8%
2006 0.35x CA$70.72 Million CA$70.57 Million CA$199.50 Million ▼ -26.2%
2005 0.48x CA$81.53 Million CA$55.63 Million CA$169.75 Million ▼ -12.5%
2004 0.55x CA$114.58 Million CA$47.41 Million CA$208.75 Million ▼ -38.4%
2003 0.89x CA$42.37 Million CA$40.88 Million CA$47.53 Million ▲ +72.8%
2002 0.52x CA$50.76 Million CA$31.28 Million CA$98.41 Million ▼ -85.5%
2001 3.57x CA$32.08 Million CA$32.00 Million CA$9.00 Million ▲ +50.7%
2000 2.37x CA$23.29 Million CA$23.14 Million CA$9.84 Million ▼ -9.9%
1999 2.63x CA$29.35 Million CA$29.27 Million CA$11.18 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities