Gold Basin Resources Corp (GXX) — Financial Flexibility Index

Latest as of September 2024: 0.68x

Gold Basin Resources Corp (GXX) has a Financial Flexibility Index of 0.68x as of September 2024. Free cash flow of CA$1.30 Million (operating CF CA$510.77K minus capex CA$785.60K) represents 1% of total liabilities (CA$1.89 Million). Check Gold Basin Resources Corp investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.68x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$1.30 Million
Operating CF − Capex

Total Liabilities

CA$1.89 Million
CAD

Capital Expenditures

CA$785.60K
CAD

Gold Basin Resources Corp Financial Flexibility Index (2018–2023)

Historical Financial Flexibility Index trend for Gold Basin Resources Corp across 6 annual periods. For the full cash flow conversion analysis, see Gold Basin Resources Corp operating cash flow efficiency.

Annual Financial Flexibility Index for Gold Basin Resources Corp (2018–2023)

Year-by-year free cash flow to debt coverage for Gold Basin Resources Corp. Explore Gold Basin Resources Corp (GXX) 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 0.19x CA$87.88K CA$-1.92 Million CA$466.52K ▼ -92.9%
2022 2.65x CA$1.13 Million CA$-1.17 Million CA$425.38K ▼ -59.3%
2021 6.50x CA$1.13 Million CA$-1.17 Million CA$173.32K ▲ +1034.9%
2020 0.57x CA$237.28K CA$-1.12 Million CA$414.03K ▲ +102.1%
2019 -27.66x CA$-147.38K CA$-152.38K CA$5.33K ▼ -105.9%
2018 467.24x CA$39.25K CA$-52.24K CA$84.00
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities