Northern Shield Resources Inc. Financial Flexibility Index
Northern Shield Resources Inc. financial flexibility index. Northern Shield Resources Inc. (NRN) has a Financial Flexibility Index of 1.25x as of June 2026. Free cash flow of CA$568.92K (operating CF CA$16.65K minus capex CA$552.27K) represents 1% of total liabilities (CA$453.58K). See NRN free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Northern Shield Resources Inc. (2002–2025)
Financial flexibility index of Northern Shield Resources Inc. from 2002 to 2025. Historical Financial Flexibility Index trend for Northern Shield Resources Inc. across 24 annual periods. Check earnings quality score of Northern Shield Resources Inc. to evaluate the quality of earnings relative to operating cash generation.
Northern Shield Resources Inc. Financial Flexibility Index by Year (2002–2025)
Northern Shield Resources Inc. financial flexibility index by year from 2002 to 2025. Year-by-year free cash flow to debt coverage for Northern Shield Resources Inc.. For the full cash flow conversion analysis, see NRN cash generation efficiency.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | -1.47x | CA$-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 | — |