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$451.66K). Check strategic asset allocation of Northern Shield Resources Inc. to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Northern Shield Resources Inc. Financial Flexibility Index (2002–2025)
Historical Financial Flexibility Index trend for Northern Shield Resources Inc. across 24 annual periods. See Northern Shield Resources Inc. short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Northern Shield Resources Inc. (2002–2025)
Year-by-year free cash flow to debt coverage for Northern Shield Resources Inc.. For the full company profile including market capitalisation, see Northern Shield Resources Inc. (NRN) market capitalisation.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | -1.47x | CA$-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 | — |