STEP Energy Services Ltd (STEP) — Financial Flexibility Index
STEP Energy Services Ltd (STEP) has a Financial Flexibility Index of 0.21x as of September 2025. Free cash flow of CA$42.45 Million (operating CF CA$23.50 Million minus capex CA$18.95 Million) represents 0% of total liabilities (CA$197.86 Million). Check STEP cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
STEP Energy Services Ltd Financial Flexibility Index (2014–2024)
Historical Financial Flexibility Index trend for STEP Energy Services Ltd across 11 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of STEP Energy Services Ltd.
Annual Financial Flexibility Index for STEP Energy Services Ltd (2014–2024)
Year-by-year free cash flow to debt coverage for STEP Energy Services Ltd. Explore STEP Energy Services Ltd cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 1.14x | CA$240.40 Million | CA$146.06 Million | CA$210.11 Million | ▲ +3.7% |
| 2023 | 1.10x | CA$276.79 Million | CA$171.61 Million | CA$250.97 Million | ▲ +102.0% |
| 2022 | 0.55x | CA$205.59 Million | CA$122.60 Million | CA$376.50 Million | ▲ +74.1% |
| 2021 | 0.31x | CA$96.09 Million | CA$58.85 Million | CA$306.41 Million | ▲ +33.6% |
| 2020 | 0.23x | CA$64.63 Million | CA$46.80 Million | CA$275.28 Million | ▼ -28.3% |
| 2019 | 0.33x | CA$119.00 Million | CA$69.94 Million | CA$363.22 Million | ▼ -40.8% |
| 2018 | 0.55x | CA$226.34 Million | CA$110.90 Million | CA$409.30 Million | ▼ -62.2% |
| 2017 | 1.46x | CA$150.56 Million | CA$49.14 Million | CA$102.81 Million | ▲ +37.8% |
| 2016 | 1.06x | CA$79.91 Million | CA$-15.97 Million | CA$75.20 Million | ▼ -67.0% |
| 2015 | 3.22x | CA$118.91 Million | CA$13.74 Million | CA$36.96 Million | ▲ +138.9% |
| 2014 | 1.35x | CA$60.86 Million | CA$27.25 Million | CA$45.20 Million | — |