Magnetic North Acquisition Corp (MNC) — 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$4.68 Million). Check Magnetic North Acquisition Corp (MNC) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Magnetic North Acquisition Corp Financial Flexibility Index (2017–2023)
Historical Financial Flexibility Index trend for Magnetic North Acquisition Corp across 7 annual periods. For the full cash flow conversion analysis, see MNC operating cash flow.
Annual Financial Flexibility Index for Magnetic North Acquisition Corp (2017–2023)
Year-by-year free cash flow to debt coverage for Magnetic North Acquisition Corp. Explore Magnetic North Acquisition Corp (MNC) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2023 | -0.07x | CA$-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 | — |