Northern Shield Resources Inc. (NRN) — Financial Flexibility Index
Northern Shield Resources Inc. (NRN) has a Financial Flexibility Index of -0.94x as of March 2026. Free cash flow of CA$-424.43K (operating CF CA$-523.99K minus capex CA$99.56K) represents -1% of total liabilities (CA$451.66K). Check total reinvestment intensity of Northern Shield Resources Inc. to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Northern Shield Resources Inc. Financial Flexibility Index (2002–2025)
Historical Financial Flexibility Index trend for Northern Shield Resources Inc. across 24 annual periods. For the full cash flow conversion analysis, see Northern Shield Resources Inc. cash flow conversion.
Annual Financial Flexibility Index for Northern Shield Resources Inc. (2002–2025)
Year-by-year free cash flow to debt coverage for Northern Shield Resources Inc.. Explore cash flow to debt ratio of Northern Shield Resources Inc. to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | -1.47x | CA$-751.12K | CA$-751.12K | CA$511.27K | ▼ -1047.5% |
| 2024 | 0.16x | CA$104.13K | CA$104.13K | CA$671.58K | ▲ +161.8% |
| 2023 | -0.25x | CA$-204.89K | CA$-535.66K | CA$816.62K | ▲ +5.8% |
| 2022 | -0.27x | CA$-149.50K | CA$-367.54K | CA$561.51K | ▼ -106.3% |
| 2021 | 4.26x | CA$1.42 Million | CA$-556.80K | CA$334.01K | ▲ +33.3% |
| 2020 | 3.19x | CA$1.55 Million | CA$-696.37K | CA$484.16K | ▲ +572.8% |
| 2019 | -0.68x | CA$-281.99K | CA$-871.33K | CA$417.76K | ▲ +62.1% |
| 2018 | -1.78x | CA$-364.19K | CA$-839.39K | CA$204.56K | ▼ -115.9% |
| 2017 | 11.23x | CA$1.58 Million | CA$-715.26K | CA$140.84K | ▲ +490.1% |
| 2016 | 1.90x | CA$738.47K | CA$-1.74 Million | CA$388.00K | ▲ +230.4% |
| 2015 | -1.46x | CA$-422.00K | CA$-671.11K | CA$289.07K | ▼ -287.7% |
| 2014 | 0.78x | CA$254.54K | CA$-514.18K | CA$327.31K | ▼ -87.6% |
| 2013 | 6.28x | CA$5.09 Million | CA$-806.35K | CA$809.98K | ▼ -3.1% |
| 2012 | 6.49x | CA$3.41 Million | CA$-1.21 Million | CA$525.10K | ▲ +38.6% |
| 2011 | 4.68x | CA$4.06 Million | CA$-554.49K | CA$867.83K | ▼ -21.7% |
| 2010 | 5.97x | CA$1.72 Million | CA$-713.03K | CA$288.02K | ▲ +261.8% |
| 2009 | 1.65x | CA$310.17K | CA$-589.63K | CA$187.84K | ▼ -71.7% |
| 2008 | 5.84x | CA$2.16 Million | CA$-679.29K | CA$369.74K | ▼ -7.9% |
| 2007 | 6.34x | CA$1.23 Million | CA$-920.80K | CA$194.03K | ▼ -27.7% |
| 2006 | 8.77x | CA$1.29 Million | CA$-697.48K | CA$146.68K | ▲ +539.3% |
| 2005 | 1.37x | CA$193.71K | CA$-482.87K | CA$141.21K | ▼ -11.2% |
| 2004 | 1.55x | CA$264.52K | CA$-505.93K | CA$171.15K | ▼ -46.6% |
| 2003 | 2.90x | CA$580.96K | CA$-249.88K | CA$200.61K | ▲ +149.7% |
| 2002 | -5.83x | CA$-23.04K | CA$-23.04K | CA$3.95K | — |