Metal Energy Corp (MERG) — Financial Flexibility Index

Latest as of September 2025: -0.04x

Metal Energy Corp (MERG) has a Financial Flexibility Index of -0.04x as of September 2025. Free cash flow of CA$-148.32K (operating CF CA$-148.32K minus capex CA$0.00) represents 0% of total liabilities (CA$4.10 Million).

Financial Flexibility Index

-0.04x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$-148.32K
Operating CF − Capex

Total Liabilities

CA$4.10 Million
CAD

Capital Expenditures

CA$0.00
CAD

Metal Energy Corp Financial Flexibility Index (2021–2024)

Historical Financial Flexibility Index trend for Metal Energy Corp across 4 annual periods. See working capital position of Metal Energy Corp to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Metal Energy Corp (2021–2024)

Year-by-year free cash flow to debt coverage for Metal Energy Corp. For the full company profile including market capitalisation, see MERG market cap.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
2024 -0.31x CA$-1.40 Million CA$-1.40 Million CA$4.52 Million ▲ +98.4%
2023 -19.13x CA$-1.61 Million CA$-1.61 Million CA$84.17K ▼ -238.5%
2022 -5.65x CA$-4.26 Million CA$-4.26 Million CA$754.18K ▼ -700.7%
2021 -0.71x CA$-510.74K CA$-510.74K CA$723.49K
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities