Nevada King Gold Corp (NKG) — Financial Flexibility Index

Latest as of March 2026: -6.98x

Nevada King Gold Corp (NKG) has a Financial Flexibility Index of -6.98x as of March 2026. Free cash flow of CA$-1.84 Million (operating CF CA$-1.84 Million minus capex CA$0.00) represents -7% of total liabilities (CA$264.21K). Check Nevada King Gold Corp (NKG) tangible net worth to evaluate the tangible quality of the company's equity base.

Financial Flexibility Index

-6.98x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$-1.84 Million
Operating CF − Capex

Total Liabilities

CA$264.21K
CAD

Capital Expenditures

CA$0.00
CAD

Nevada King Gold Corp Financial Flexibility Index (2018–2026)

Historical Financial Flexibility Index trend for Nevada King Gold Corp across 9 annual periods. For the full cash flow conversion analysis, see Nevada King Gold Corp (NKG) cash conversion ratio.

Annual Financial Flexibility Index for Nevada King Gold Corp (2018–2026)

Year-by-year free cash flow to debt coverage for Nevada King Gold Corp. Explore NKG operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
2026 -37.31x CA$-9.86 Million CA$-9.86 Million CA$264.21K ▼ -97.7%
2025 -18.88x CA$-11.98 Million CA$-11.98 Million CA$634.39K ▲ +47.1%
2024 -35.71x CA$-26.97 Million CA$-26.97 Million CA$755.27K ▼ -171.0%
2023 -13.18x CA$-16.80 Million CA$-17.20 Million CA$1.28 Million ▼ -190.8%
2022 14.51x CA$3.71 Million CA$-2.86 Million CA$255.57K ▲ +272.1%
2021 -8.43x CA$-1.32 Million CA$-1.91 Million CA$156.43K ▼ -135.4%
2020 23.82x CA$2.98 Million CA$-2.10 Million CA$124.90K ▲ +3887.7%
2019 -0.63x CA$-341.44K CA$-1.13 Million CA$542.84K ▲ +96.9%
2018 -20.14x CA$-341.44K CA$-1.13 Million CA$16.95K
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities