Altamira Gold Corp (ALTA) — Financial Flexibility Index

Latest as of May 2026: 2.30x

Altamira Gold Corp (ALTA) has a Financial Flexibility Index of 2.30x as of May 2026. Free cash flow of CA$1.50 Million (operating CF CA$-216.33K minus capex CA$1.72 Million) represents 2% of total liabilities (CA$653.54K). Check total reinvestment intensity of Altamira Gold Corp to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

2.30x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$1.50 Million
Operating CF − Capex

Total Liabilities

CA$653.54K
CAD

Capital Expenditures

CA$1.72 Million
CAD

Altamira Gold Corp Financial Flexibility Index (2002–2026)

Historical Financial Flexibility Index trend for Altamira Gold Corp across 26 annual periods. For the full cash flow conversion analysis, see Altamira Gold Corp operating cash flow efficiency.

Annual Financial Flexibility Index for Altamira Gold Corp (2002–2026)

Year-by-year free cash flow to debt coverage for Altamira Gold Corp. Explore ALTA debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
2026 3.28x CA$1.88 Million CA$-1.40 Million CA$572.08K ▼ -66.7%
2025 9.87x CA$1.91 Million CA$-1.00 Million CA$193.48K ▲ +1017.8%
2024 0.88x CA$628.77K CA$-1.07 Million CA$712.32K ▲ +181.6%
2023 -1.08x CA$-786.04K CA$-987.46K CA$726.68K ▲ +11.4%
2022 -1.22x CA$-558.19K CA$-913.31K CA$457.38K ▲ +50.0%
2021 -2.44x CA$-1.06 Million CA$-1.06 Million CA$434.24K ▼ -87.6%
2020 -1.30x CA$-752.52K CA$-752.82K CA$577.99K ▲ +53.6%
2019 -2.81x CA$-907.80K CA$-931.54K CA$323.55K ▲ +14.4%
2018 -3.28x CA$-1.46 Million CA$-1.51 Million CA$446.73K ▼ -112.5%
2017 -1.54x CA$-1.19 Million CA$-1.27 Million CA$773.47K ▼ -226.4%
2016 1.22x CA$395.62K CA$-1.92 Million CA$324.00K ▲ +133.7%
2015 -3.62x CA$-528.19K CA$-630.90K CA$145.88K ▲ +29.7%
2015 -5.15x CA$-371.98K CA$-426.47K CA$72.20K ▼ -1065.4%
2014 -0.44x CA$-61.77K CA$-178.32K CA$139.72K ▲ +62.0%
2013 -1.16x CA$-160.20K CA$-402.95K CA$137.53K ▼ -198.5%
2012 -0.39x CA$-101.06K CA$-780.09K CA$258.93K ▲ +80.2%
2011 -1.97x CA$-387.59K CA$-503.36K CA$196.29K ▲ +25.9%
2010 -2.66x CA$-415.69K CA$-415.69K CA$156.10K ▼ -226.0%
2009 -0.82x CA$-536.54K CA$-669.64K CA$656.89K ▼ -41.0%
2008 -0.58x CA$-329.36K CA$-609.53K CA$568.51K ▼ -123.0%
2007 2.52x CA$1.41 Million CA$-780.59K CA$559.66K ▲ +436.7%
2006 -0.75x CA$-338.30K CA$-589.04K CA$452.93K ▲ +79.4%
2005 -3.62x CA$-700.24K CA$-847.71K CA$193.50K ▼ -591.1%
2004 0.74x CA$468.54K CA$31.25K CA$635.82K ▲ +230.9%
2003 -0.56x CA$-203.38K CA$-210.66K CA$361.36K ▲ +6.2%
2002 -0.60x CA$-233.47K CA$-233.47K CA$389.06K
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities