Spanish Mountain Gold Ltd (SPA) — Financial Flexibility Index
Spanish Mountain Gold Ltd (SPA) has a Financial Flexibility Index of 1.22x as of September 2025. Free cash flow of CA$1.95 Million (operating CF CA$142.52K minus capex CA$1.81 Million) represents 1% of total liabilities (CA$1.60 Million). Check strategic asset allocation of Spanish Mountain Gold Ltd to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Spanish Mountain Gold Ltd Financial Flexibility Index (1999–2024)
Historical Financial Flexibility Index trend for Spanish Mountain Gold Ltd across 26 annual periods. See Spanish Mountain Gold Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Spanish Mountain Gold Ltd (1999–2024)
Year-by-year free cash flow to debt coverage for Spanish Mountain Gold Ltd. For the full company profile including market capitalisation, see how much is Spanish Mountain Gold Ltd worth.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 2.36x | CA$3.79 Million | CA$-1.76 Million | CA$1.60 Million | ▲ +30.1% |
| 2023 | 1.82x | CA$1.26 Million | CA$-2.28 Million | CA$695.60K | ▼ -21.7% |
| 2022 | 2.32x | CA$4.02 Million | CA$-464.79K | CA$1.73 Million | ▼ -25.3% |
| 2021 | 3.11x | CA$5.67 Million | CA$-465.76K | CA$1.83 Million | ▲ +161.7% |
| 2020 | 1.19x | CA$2.89 Million | CA$-886.81K | CA$2.44 Million | ▲ +267.8% |
| 2019 | 0.32x | CA$452.63K | CA$-466.52K | CA$1.40 Million | ▲ +8.0% |
| 2018 | 0.30x | CA$411.14K | CA$-639.13K | CA$1.38 Million | ▲ +242.1% |
| 2017 | -0.21x | CA$-301.37K | CA$-834.43K | CA$1.43 Million | ▼ -412.7% |
| 2016 | 0.07x | CA$32.33K | CA$-663.89K | CA$480.77K | ▲ +2119.5% |
| 2015 | 0.00x | CA$9.20K | CA$-202.74K | CA$3.04 Million | ▼ -98.9% |
| 2014 | 0.27x | CA$784.95K | CA$-812.94K | CA$2.94 Million | ▼ -46.3% |
| 2013 | 0.50x | CA$2.33 Million | CA$-1.48 Million | CA$4.67 Million | ▼ -81.3% |
| 2012 | 2.66x | CA$15.05 Million | CA$-2.06 Million | CA$5.67 Million | ▲ +205.8% |
| 2011 | 0.87x | CA$6.25 Million | CA$-2.00 Million | CA$7.19 Million | ▲ +169.3% |
| 2010 | 0.32x | CA$3.30 Million | CA$-1.90 Million | CA$10.22 Million | ▼ -35.1% |
| 2009 | 0.50x | CA$4.45 Million | CA$-1.01 Million | CA$8.95 Million | ▼ -53.0% |
| 2008 | 1.06x | CA$8.26 Million | CA$-2.03 Million | CA$7.80 Million | ▼ -59.5% |
| 2007 | 2.61x | CA$5.27 Million | CA$-836.62K | CA$2.02 Million | ▲ +355.9% |
| 2006 | -1.02x | CA$-1.33 Million | CA$-1.35 Million | CA$1.30 Million | ▲ +93.2% |
| 2005 | -15.10x | CA$-439.33K | CA$-1.66 Million | CA$29.09K | ▼ -430.1% |
| 2004 | 4.57x | CA$525.84K | CA$-45.28K | CA$114.96K | ▼ -54.7% |
| 2003 | 10.09x | CA$136.94K | CA$-69.01K | CA$13.57K | ▲ +259.6% |
| 2002 | -6.32x | CA$-113.94K | CA$-153.94K | CA$18.03K | ▼ -92.4% |
| 2001 | -3.29x | CA$-109.54K | CA$-109.54K | CA$33.34K | ▲ +38.7% |
| 2000 | -5.36x | CA$-34.94K | CA$-34.94K | CA$6.52K | ▼ -147.5% |
| 1999 | -2.17x | CA$-37.09K | CA$-37.09K | CA$17.12K | — |