STEP Energy Services Ltd (STEP) — Financial Flexibility Index

Latest as of September 2025: 0.21x

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). Also explore STEP Energy Services Ltd (STEP) net asset momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.21x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$42.45 Million
Operating CF − Capex

Total Liabilities

CA$197.86 Million
CAD

Capital Expenditures

CA$18.95 Million
CAD

STEP Energy Services Ltd Financial Flexibility Index (2014–2024)

Historical Financial Flexibility Index trend for STEP Energy Services Ltd across 11 annual periods. Check asset allocation strategy of STEP Energy Services Ltd to assess the company's strategic physical and investment asset allocation.

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. For the full company profile including market capitalisation, see STEP Energy Services Ltd (STEP) market capitalisation.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities