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 Spanish Mountain Gold Ltd investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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. For the full cash flow conversion analysis, see SPA cash flow metrics.
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. Explore Spanish Mountain Gold Ltd cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
| 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 | — |