New Found Gold Corp (NFG) — Financial Flexibility Index
New Found Gold Corp (NFG) has a Financial Flexibility Index of -0.85x as of September 2025. Free cash flow of CA$-15.86 Million (operating CF CA$-16.03 Million minus capex CA$163.82K) represents -1% of total liabilities (CA$18.61 Million). Check New Found Gold Corp tangible equity quality to evaluate the tangible quality of the company's equity base.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
New Found Gold Corp Financial Flexibility Index (2019–2024)
Historical Financial Flexibility Index trend for New Found Gold Corp across 6 annual periods. For the full cash flow conversion analysis, see how efficiently does New Found Gold Corp generate cash.
Annual Financial Flexibility Index for New Found Gold Corp (2019–2024)
Year-by-year free cash flow to debt coverage for New Found Gold Corp. Explore New Found Gold Corp (NFG) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | -6.87x | CA$-51.20 Million | CA$-55.68 Million | CA$7.45 Million | ▼ -34.5% |
| 2023 | -5.11x | CA$-97.47 Million | CA$-99.27 Million | CA$19.08 Million | ▼ -102.1% |
| 2022 | -2.53x | CA$-68.80 Million | CA$-74.38 Million | CA$27.21 Million | ▼ -49.1% |
| 2021 | -1.70x | CA$-43.09 Million | CA$-48.51 Million | CA$25.40 Million | ▲ +90.8% |
| 2020 | -18.38x | CA$-11.67 Million | CA$-13.22 Million | CA$635.08K | ▼ -208.3% |
| 2019 | -5.96x | CA$-2.34 Million | CA$-2.65 Million | CA$392.85K | — |