NeXGold Mining Corp (NEXG) — Financial Flexibility Index

Latest as of June 2026: -0.64x

NeXGold Mining Corp (NEXG) has a Financial Flexibility Index of -0.64x as of June 2026. Free cash flow of CA$-13.47 Million (operating CF CA$-13.55 Million minus capex CA$84.00K) represents -1% of total liabilities (CA$21.11 Million). Check NeXGold Mining Corp (NEXG) tangible net worth to evaluate the tangible quality of the company's equity base.

Financial Flexibility Index

-0.64x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$-13.47 Million
Operating CF − Capex

Total Liabilities

CA$21.11 Million
CAD

Capital Expenditures

CA$84.00K
CAD

NeXGold Mining Corp Financial Flexibility Index (2020–2025)

Historical Financial Flexibility Index trend for NeXGold Mining Corp across 6 annual periods. For the full cash flow conversion analysis, see NeXGold Mining Corp operating cash flow efficiency.

Annual Financial Flexibility Index for NeXGold Mining Corp (2020–2025)

Year-by-year free cash flow to debt coverage for NeXGold Mining Corp. Explore cash flow to debt ratio of NeXGold Mining Corp to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
2025 -1.66x CA$-26.15 Million CA$-35.93 Million CA$15.77 Million ▼ -256.9%
2024 -0.46x CA$-14.97 Million CA$-15.02 Million CA$32.21 Million ▲ +25.0%
2023 -0.62x CA$-11.30 Million CA$-11.31 Million CA$18.22 Million ▲ +31.4%
2022 -0.90x CA$-17.76 Million CA$-17.79 Million CA$19.65 Million ▲ +51.9%
2021 -1.88x CA$-17.69 Million CA$-17.82 Million CA$9.40 Million ▼ -5520.9%
2020 -0.03x CA$-329.22K CA$-4.01 Million CA$9.84 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities