Helium Evolution Inc (HEVI) — Financial Flexibility Index

Latest as of March 2026: 1.91x

Helium Evolution Inc (HEVI) has a Financial Flexibility Index of 1.91x as of March 2026. Free cash flow of CA$3.04 Million (operating CF CA$-294.00K minus capex CA$3.34 Million) represents 2% of total liabilities (CA$1.59 Million). Check total reinvestment intensity of Helium Evolution Inc to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

1.91x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$3.04 Million
Operating CF − Capex

Total Liabilities

CA$1.59 Million
CAD

Capital Expenditures

CA$3.34 Million
CAD

Helium Evolution Inc Financial Flexibility Index (2020–2025)

Historical Financial Flexibility Index trend for Helium Evolution Inc across 6 annual periods. For the full cash flow conversion analysis, see HEVI cash generation efficiency.

Annual Financial Flexibility Index for Helium Evolution Inc (2020–2025)

Year-by-year free cash flow to debt coverage for Helium Evolution Inc. Explore how well can Helium Evolution Inc service its debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
2025 4.07x CA$7.08 Million CA$-1.23 Million CA$1.74 Million ▲ +206.1%
2024 1.33x CA$1.21 Million CA$-729.00K CA$906.00K ▼ -54.3%
2023 2.91x CA$2.54 Million CA$-346.00K CA$872.00K ▼ -85.9%
2022 20.68x CA$4.67 Million CA$-1.44 Million CA$226.00K ▲ +2175.5%
2021 0.91x CA$101.00K CA$-498.00K CA$111.15K ▲ +19952.9%
2020 0.00x CA$-2.27K CA$-2.27K CA$494.85K
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities