Element 29 Resources Inc (ECU) — Financial Flexibility Index

Latest as of March 2026: 7.33x

Element 29 Resources Inc (ECU) has a Financial Flexibility Index of 7.33x as of March 2026. Free cash flow of CA$2.04 Million (operating CF CA$-352.60K minus capex CA$2.39 Million) represents 7% of total liabilities (CA$277.96K). Check how tangible is Element 29 Resources Inc's equity to evaluate the tangible quality of the company's equity base.

Financial Flexibility Index

7.33x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$2.04 Million
Operating CF − Capex

Total Liabilities

CA$277.96K
CAD

Capital Expenditures

CA$2.39 Million
CAD

Element 29 Resources Inc Financial Flexibility Index (2021–2025)

Historical Financial Flexibility Index trend for Element 29 Resources Inc across 5 annual periods. For the full cash flow conversion analysis, see ECU cash flow conversion.

Annual Financial Flexibility Index for Element 29 Resources Inc (2021–2025)

Year-by-year free cash flow to debt coverage for Element 29 Resources Inc. Explore Element 29 Resources Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
2025 1.55x CA$2.33 Million CA$-1.35 Million CA$1.50 Million ▼ -28.2%
2024 2.16x CA$993.99K CA$-1.31 Million CA$459.39K ▲ +184.5%
2023 -2.56x CA$-453.17K CA$-1.86 Million CA$177.01K ▼ -139.1%
2022 6.55x CA$3.02 Million CA$-2.23 Million CA$460.74K ▲ +338.7%
2021 1.49x CA$1.18 Million CA$-2.01 Million CA$791.34K
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities