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$18.61 Million). Check New Found Gold Corp strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
New Found Gold Corp Financial Flexibility Index (2019–2024)
Historical Financial Flexibility Index trend for New Found Gold Corp across 6 annual periods. See New Found Gold Corp working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for New Found Gold Corp (2019–2024)
Year-by-year free cash flow to debt coverage for New Found Gold Corp. For the full company profile including market capitalisation, see NFG market cap overview.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | -6.87x | CA$-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 | — |