Alpha Exploration Ltd (ALEX) — Financial Flexibility Index
Alpha Exploration Ltd (ALEX) has a Financial Flexibility Index of 0.66x as of September 2025. Free cash flow of CA$260.14K (operating CF CA$-182.54K minus capex CA$442.68K) represents 1% of total liabilities (CA$395.82K). Check Alpha Exploration Ltd investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Alpha Exploration Ltd Financial Flexibility Index (2020–2024)
Historical Financial Flexibility Index trend for Alpha Exploration Ltd across 5 annual periods. For the full cash flow conversion analysis, see ALEX cash generation efficiency.
Annual Financial Flexibility Index for Alpha Exploration Ltd (2020–2024)
Year-by-year free cash flow to debt coverage for Alpha Exploration Ltd. Explore Alpha Exploration Ltd (ALEX) 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 | 2.61x | CA$1.88 Million | CA$-1.06 Million | CA$720.93K | ▲ +36.4% |
| 2023 | 1.91x | CA$2.19 Million | CA$-461.02K | CA$1.15 Million | ▲ +48.4% |
| 2022 | 1.29x | CA$1.00 Million | CA$-1.06 Million | CA$780.02K | ▼ -7.0% |
| 2021 | 1.38x | CA$1.75 Million | CA$-948.01K | CA$1.26 Million | ▲ +3.9% |
| 2020 | 1.33x | CA$1.82 Million | CA$88.53K | CA$1.36 Million | — |