Northern Shield Resources Inc. (NRN) — Financial Flexibility Index
Northern Shield Resources Inc. (NRN) has a Financial Flexibility Index of 0.49x as of September 2025. Free cash flow of CA$262.04K (operating CF CA$-183.76K minus capex CA$445.79K) represents 0% of total liabilities (CA$533.75K). Also explore Northern Shield Resources Inc. annual equity growth to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Northern Shield Resources Inc. Financial Flexibility Index (2002–2024)
Historical Financial Flexibility Index trend for Northern Shield Resources Inc. across 23 annual periods. Check Northern Shield Resources Inc. (NRN) strategic investment index to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for Northern Shield Resources Inc. (2002–2024)
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 |
|---|---|---|---|---|---|
| 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 | — |