Magna Mining Inc (NICU) — Financial Flexibility Index

Latest as of September 2025: -0.07x

Magna Mining Inc (NICU) has a Financial Flexibility Index of -0.07x as of September 2025. Free cash flow of CA$-6.55 Million (operating CF CA$-10.78 Million minus capex CA$4.24 Million) represents 0% of total liabilities (CA$94.67 Million). Check NICU tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Financial Flexibility Index

-0.07x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$-6.55 Million
Operating CF − Capex

Total Liabilities

CA$94.67 Million
CAD

Capital Expenditures

CA$4.24 Million
CAD

Magna Mining Inc Financial Flexibility Index (2020–2024)

Historical Financial Flexibility Index trend for Magna Mining Inc across 5 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Magna Mining Inc.

Annual Financial Flexibility Index for Magna Mining Inc (2020–2024)

Year-by-year free cash flow to debt coverage for Magna Mining Inc. Explore Magna Mining Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
2024 -3.93x CA$-17.78 Million CA$-17.81 Million CA$4.53 Million ▼ -102.3%
2023 -1.94x CA$-10.55 Million CA$-10.58 Million CA$5.43 Million ▲ +44.8%
2022 -3.52x CA$-17.85 Million CA$-18.17 Million CA$5.07 Million ▼ -37.7%
2021 -2.56x CA$-5.73 Million CA$-5.77 Million CA$2.24 Million ▼ -924.0%
2020 -0.25x CA$-393.69K CA$-395.06K CA$1.58 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities