Noble Mineral Exploration Inc (NOB) — Financial Flexibility Index

Latest as of May 2024: -1.69x

Noble Mineral Exploration Inc (NOB) has a Financial Flexibility Index of -1.69x as of May 2024. Free cash flow of CA$-614.48K (operating CF CA$-943.82K minus capex CA$329.33K) represents -2% of total liabilities (CA$363.60K). Also explore NOB year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

-1.69x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$-614.48K
Operating CF − Capex

Total Liabilities

CA$363.60K
CAD

Capital Expenditures

CA$329.33K
CAD

Noble Mineral Exploration Inc Financial Flexibility Index (2000–2023)

Historical Financial Flexibility Index trend for Noble Mineral Exploration Inc across 20 annual periods. Check Noble Mineral Exploration Inc PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Noble Mineral Exploration Inc (2000–2023)

Year-by-year free cash flow to debt coverage for Noble Mineral Exploration Inc. For the full company profile including market capitalisation, see Noble Mineral Exploration Inc stock valuation.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
2023 0.91x CA$371.41K CA$-1.17 Million CA$410.31K ▲ +87.8%
2022 0.48x CA$355.87K CA$-1.07 Million CA$738.25K ▲ +835350.7%
2021 0.00x CA$51.00 CA$-581.33K CA$883.89K ▼ -99.4%
2020 0.01x CA$9.22K CA$-583.55K CA$964.91K ▲ +103.1%
2019 -0.31x CA$-111.25K CA$-663.62K CA$363.69K ▼ -163.5%
2018 0.48x CA$519.41K CA$-716.62K CA$1.08 Million ▲ +1855.4%
2017 -0.03x CA$-56.26K CA$-207.14K CA$2.05 Million ▲ +42.0%
2016 -0.05x CA$-130.98K CA$-155.21K CA$2.77 Million ▼ -1556.3%
2015 0.00x CA$6.90K CA$-97.72 CA$2.12 Million ▼ -98.0%
2014 0.17x CA$344.99K CA$-792.32 CA$2.09 Million ▲ +233.0%
2013 -0.12x CA$-732.76K CA$-998.76K CA$5.90 Million ▼ -111.2%
2008 1.11x CA$490.79K CA$-1.81 Million CA$443.57K ▲ +147.2%
2007 -2.34x CA$-373.81K CA$-960.77K CA$159.63K ▼ -411.8%
2006 0.75x CA$281.57K CA$-237.56K CA$374.94K ▼ -16.6%
2005 0.90x CA$595.99K CA$-55.25K CA$661.53K ▲ +2275.9%
2004 0.04x CA$24.12K CA$-255.45K CA$635.97K ▼ -46.2%
2003 0.07x CA$268.07K CA$82.21K CA$3.80 Million ▲ +334.4%
2002 -0.03x CA$-4.72K CA$-4.72K CA$157.07K ▲ +92.6%
2001 -0.41x CA$-56.08K CA$-56.08K CA$137.56K ▼ -174.1%
2000 0.55x CA$99.18K CA$99.18K CA$180.36K
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities