Altima Resources Ltd (ARH) — Financial Flexibility Index

Latest as of November 2024: 0.02x

Altima Resources Ltd (ARH) has a Financial Flexibility Index of 0.02x as of November 2024. Free cash flow of CA$431.22K (operating CF CA$-299.70K minus capex CA$730.92K) represents 0% of total liabilities (CA$19.94 Million). Check ARH cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.02x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$431.22K
Operating CF − Capex

Total Liabilities

CA$19.94 Million
CAD

Capital Expenditures

CA$730.92K
CAD

Altima Resources Ltd Financial Flexibility Index (2013–2023)

Historical Financial Flexibility Index trend for Altima Resources Ltd across 11 annual periods. For the full cash flow conversion analysis, see how efficiently does Altima Resources Ltd generate cash.

Annual Financial Flexibility Index for Altima Resources Ltd (2013–2023)

Year-by-year free cash flow to debt coverage for Altima Resources Ltd. Explore Altima Resources Ltd (ARH) 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
2023 0.02x CA$343.61K CA$-178.98K CA$16.28 Million ▲ +137.2%
2022 -0.06x CA$-744.23K CA$-849.57K CA$13.11 Million ▼ -280.9%
2021 -0.01x CA$-210.10K CA$-210.49K CA$14.10 Million ▼ -63.6%
2020 -0.01x CA$-92.22K CA$-93.93K CA$10.12 Million ▼ -119.1%
2019 0.05x CA$173.98K CA$172.28K CA$3.65 Million ▲ +5.5%
2018 0.05x CA$131.06K CA$129.36K CA$2.90 Million ▲ +154.0%
2017 -0.08x CA$-599.27K CA$-600.97K CA$7.16 Million ▼ -1016.8%
2016 -0.01x CA$-85.85K CA$-147.13K CA$11.45 Million ▲ +91.4%
2015 -0.09x CA$-892.58K CA$-1.41 Million CA$10.20 Million ▼ -117.1%
2014 0.51x CA$5.74 Million CA$72.04K CA$11.20 Million ▲ +548.2%
2013 -0.11x CA$-885.89K CA$-1.65 Million CA$7.75 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities