Magnetic North Acquisition Corp Financial Flexibility Index
Magnetic North Acquisition Corp financial flexibility index. Magnetic North Acquisition Corp (MNC) has a Financial Flexibility Index of -0.09x as of September 2024. Free cash flow of CA$-419.53K (operating CF CA$-419.53K minus capex CA$0.00) represents 0% of total liabilities (CA$4.68 Million). See MNC free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Magnetic North Acquisition Corp (2017–2023)
Financial flexibility index of Magnetic North Acquisition Corp from 2017 to 2023. Historical Financial Flexibility Index trend for Magnetic North Acquisition Corp across 7 annual periods. Check Magnetic North Acquisition Corp earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Magnetic North Acquisition Corp Financial Flexibility Index by Year (2017–2023)
Magnetic North Acquisition Corp financial flexibility index by year from 2017 to 2023. Year-by-year free cash flow to debt coverage for Magnetic North Acquisition Corp. For the full cash flow conversion analysis, see Magnetic North Acquisition Corp (MNC) cash conversion ratio.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2023 | -0.07x | CA$-1.05 Million | CA$-1.05 Million | CA$15.89 Million | ▼ -80.2% |
| 2022 | -0.04x | CA$-695.13K | CA$-695.13K | CA$19.02 Million | ▼ -42.5% |
| 2021 | -0.03x | CA$-469.83K | CA$-469.83K | CA$18.33 Million | ▲ +99.0% |
| 2020 | -2.64x | CA$-1.39 Million | CA$-1.40 Million | CA$527.52K | ▼ -283.6% |
| 2019 | -0.69x | CA$-424.38K | CA$-428.36K | CA$616.77K | ▼ -380.3% |
| 2018 | -0.14x | CA$-113.05K | CA$-113.05K | CA$789.06K | ▲ +29.6% |
| 2017 | -0.20x | CA$-82.37K | CA$-82.37K | CA$404.84K | — |