Harfang Exploration Inc (HAR) — Financial Flexibility Index

Latest as of April 2026: -4.35x

Harfang Exploration Inc (HAR) has a Financial Flexibility Index of -4.35x as of April 2026. Free cash flow of CA$-1.29 Million (operating CF CA$-1.31 Million minus capex CA$18.99K) represents -4% of total liabilities (CA$297.23K). Check HAR cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

-4.35x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$-1.29 Million
Operating CF − Capex

Total Liabilities

CA$297.23K
CAD

Capital Expenditures

CA$18.99K
CAD

Harfang Exploration Inc Financial Flexibility Index (2012–2026)

Historical Financial Flexibility Index trend for Harfang Exploration Inc across 15 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Harfang Exploration Inc.

Annual Financial Flexibility Index for Harfang Exploration Inc (2012–2026)

Year-by-year free cash flow to debt coverage for Harfang Exploration Inc. Explore Harfang Exploration Inc (HAR) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
2026 -5.19x CA$-2.58 Million CA$-2.80 Million CA$496.09K ▲ +5.3%
2025 -5.48x CA$-1.87 Million CA$-2.03 Million CA$340.34K ▼ -52.8%
2024 -3.59x CA$-2.59 Million CA$-2.78 Million CA$721.64K ▲ +81.2%
2023 -19.08x CA$-3.79 Million CA$-4.14 Million CA$198.69K ▼ -339.5%
2022 -4.34x CA$-4.04 Million CA$-4.09 Million CA$931.35K ▼ -226.3%
2021 -1.33x CA$-1.73 Million CA$-1.96 Million CA$1.30 Million ▲ +68.5%
2020 -4.22x CA$-1.34 Million CA$-1.42 Million CA$318.40K ▲ +28.8%
2019 -5.93x CA$-1.15 Million CA$-1.22 Million CA$193.19K ▼ -1.2%
2018 -5.86x CA$-945.75K CA$-1.02 Million CA$161.41K ▼ -1974.9%
2017 -0.28x CA$-28.95K CA$-29.08K CA$102.53K ▲ +32.6%
2016 -0.42x CA$-28.33K CA$-28.33K CA$67.57K ▲ +48.8%
2015 -0.82x CA$-31.07K CA$-31.07K CA$37.94K ▼ -36.7%
2014 -0.60x CA$-71.06K CA$-71.06K CA$118.67K ▲ +80.9%
2013 -3.14x CA$-314.25K CA$-314.25K CA$100.17K ▲ +7.0%
2012 -3.37x CA$-104.24K CA$-104.24K CA$30.91K
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities