Magnetic North Acquisition Corp (MNC) — Financial Flexibility Index

Latest as of September 2024: -0.09x

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). Also explore Magnetic North Acquisition Corp equity growth rate to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

-0.09x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$-419.53K
Operating CF − Capex

Total Liabilities

CA$4.68 Million
CAD

Capital Expenditures

CA$0.00
CAD

Magnetic North Acquisition Corp Financial Flexibility Index (2017–2023)

Historical Financial Flexibility Index trend for Magnetic North Acquisition Corp across 7 annual periods. Check MNC PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

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. For the full company profile including market capitalisation, see Magnetic North Acquisition Corp (MNC) total market value.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities