Spruce Ridge Resources Ltd. (SHL) — Financial Flexibility Index
Spruce Ridge Resources Ltd. (SHL) has a Financial Flexibility Index of -0.47x as of October 2025. Free cash flow of CA$-211.26K (operating CF CA$-454.59K minus capex CA$243.33K) represents 0% of total liabilities (CA$449.73K). Check Spruce Ridge Resources Ltd. cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Spruce Ridge Resources Ltd. Financial Flexibility Index (2001–2025)
Historical Financial Flexibility Index trend for Spruce Ridge Resources Ltd. across 25 annual periods. For the full cash flow conversion analysis, see Spruce Ridge Resources Ltd. (SHL) cash conversion ratio.
Annual Financial Flexibility Index for Spruce Ridge Resources Ltd. (2001–2025)
Year-by-year free cash flow to debt coverage for Spruce Ridge Resources Ltd.. Explore SHL operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | -3.09x | CA$-1.61 Million | CA$-1.61 Million | CA$521.68K | ▼ -182.2% |
| 2024 | 3.76x | CA$909.34K | CA$-257.34K | CA$241.90K | ▲ +273.6% |
| 2023 | -2.17x | CA$-344.60K | CA$-397.27K | CA$159.16K | ▲ +54.3% |
| 2022 | -4.74x | CA$-2.90 Million | CA$-3.02 Million | CA$612.23K | ▼ -599.0% |
| 2021 | -0.68x | CA$-1.30 Million | CA$-1.34 Million | CA$1.91 Million | ▲ +73.1% |
| 2020 | -2.52x | CA$-973.01K | CA$-981.41K | CA$386.60K | ▼ -220.9% |
| 2019 | -0.78x | CA$-424.45K | CA$-514.84K | CA$541.13K | ▼ -1903.9% |
| 2018 | 0.04x | CA$27.79K | CA$-55.12K | CA$639.16K | ▲ +108.4% |
| 2017 | -0.52x | CA$-214.94K | CA$-292.77K | CA$416.68K | ▼ -88.6% |
| 2016 | -0.27x | CA$-189.81K | CA$-251.05K | CA$694.07K | ▼ -280.9% |
| 2015 | 0.15x | CA$82.59K | CA$21.35K | CA$546.28K | ▲ +123.9% |
| 2014 | -0.63x | CA$-303.57K | CA$-353.57K | CA$480.10K | ▲ +77.3% |
| 2013 | -2.79x | CA$-783.50K | CA$-917.50K | CA$281.33K | ▼ -353.8% |
| 2012 | -0.61x | CA$-101.24K | CA$-111.86K | CA$164.97K | ▲ +80.0% |
| 2011 | -3.07x | CA$-411.08K | CA$-422.95K | CA$134.00K | ▼ -209.5% |
| 2010 | -0.99x | CA$-359.59K | CA$-362.92K | CA$362.76K | ▼ -158.0% |
| 2009 | 1.71x | CA$299.57K | CA$-89.84K | CA$175.37K | ▲ +105.4% |
| 2008 | -31.77x | CA$-679.79K | CA$-1.07 Million | CA$21.40K | ▼ -27.4% |
| 2007 | -24.93x | CA$-346.02K | CA$-550.72K | CA$13.88K | ▼ -347.3% |
| 2006 | -5.57x | CA$-216.18K | CA$-245.31K | CA$38.79K | ▼ -422.1% |
| 2005 | -1.07x | CA$-255.22K | CA$-288.50K | CA$239.08K | ▲ +10.8% |
| 2004 | -1.20x | CA$-173.68K | CA$-196.04K | CA$145.09K | ▼ -423.6% |
| 2003 | 0.37x | CA$46.45K | CA$-15.03K | CA$125.56K | ▼ -46.9% |
| 2002 | 0.70x | CA$36.95K | CA$-18.24K | CA$53.09K | ▼ -52.3% |
| 2001 | 1.46x | CA$65.47K | CA$-88.27K | CA$44.82K | — |