EV Nickel Inc (EVNI) — Financial Flexibility Index

Latest as of December 2025: -3.64x

EV Nickel Inc (EVNI) has a Financial Flexibility Index of -3.64x as of December 2025. Free cash flow of CA$-693.67K (operating CF CA$-693.67K minus capex CA$0.00) represents -4% of total liabilities (CA$190.62K). Check EVNI tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Financial Flexibility Index

-3.64x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$-693.67K
Operating CF − Capex

Total Liabilities

CA$190.62K
CAD

Capital Expenditures

CA$0.00
CAD

EV Nickel Inc Financial Flexibility Index (2021–2024)

Historical Financial Flexibility Index trend for EV Nickel Inc across 4 annual periods. For the full cash flow conversion analysis, see EVNI cash generation efficiency.

Annual Financial Flexibility Index for EV Nickel Inc (2021–2024)

Year-by-year free cash flow to debt coverage for EV Nickel Inc. Explore EV Nickel Inc cash 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 -1.63x CA$-2.92 Million CA$-2.92 Million CA$1.79 Million ▲ +57.8%
2023 -3.86x CA$-4.30 Million CA$-4.30 Million CA$1.11 Million ▼ -47.0%
2022 -2.63x CA$-3.98 Million CA$-4.03 Million CA$1.52 Million ▲ +15.5%
2021 -3.11x CA$-595.78K CA$-621.02K CA$191.45K
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities