Thor Explorations Ltd. (THX) — Financial Flexibility Index

Latest as of December 2025: 2.41x

Thor Explorations Ltd. (THX) has a Financial Flexibility Index of 2.41x as of December 2025. Free cash flow of CA$65.21 Million (operating CF CA$64.33 Million minus capex CA$883.00K) represents 2% of total liabilities (CA$27.07 Million). Also explore Thor Explorations Ltd. equity growth rate to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

2.41x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$65.21 Million
Operating CF − Capex

Total Liabilities

CA$27.07 Million
CAD

Capital Expenditures

CA$883.00K
CAD

Thor Explorations Ltd. Financial Flexibility Index (2001–2025)

Historical Financial Flexibility Index trend for Thor Explorations Ltd. across 25 annual periods. Check Thor Explorations Ltd. strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Thor Explorations Ltd. (2001–2025)

Year-by-year free cash flow to debt coverage for Thor Explorations Ltd.. For the full company profile including market capitalisation, see THX market cap.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
2025 7.04x CA$190.66 Million CA$185.66 Million CA$27.07 Million ▲ +732.1%
2024 0.85x CA$65.86 Million CA$61.76 Million CA$77.82 Million ▲ +24.6%
2023 0.68x CA$131.54 Million CA$80.47 Million CA$193.73 Million ▼ -18.0%
2022 0.83x CA$113.07 Million CA$84.39 Million CA$136.47 Million ▲ +719.5%
2021 0.10x CA$19.01 Million CA$-22.36 Million CA$188.05 Million ▼ -90.6%
2020 1.07x CA$68.04 Million CA$27.78 Million CA$63.59 Million ▲ +147.0%
2019 -2.28x CA$-2.57 Million CA$-2.60 Million CA$1.13 Million ▼ -286.1%
2018 -0.59x CA$-1.42 Million CA$-1.62 Million CA$2.40 Million ▼ -189.4%
2017 0.66x CA$1.95 Million CA$-1.03 Million CA$2.95 Million ▼ -49.7%
2016 1.31x CA$3.21 Million CA$-1.01 Million CA$2.45 Million ▲ +626.9%
2015 -0.25x CA$-175.81K CA$-303.55K CA$706.99K ▲ +70.4%
2014 -0.84x CA$-448.35K CA$-450.10K CA$533.72K ▲ +49.2%
2013 -1.65x CA$-754.28K CA$-780.12K CA$456.44K ▲ +7.6%
2012 -1.79x CA$-919.18K CA$-1.11 Million CA$514.12K ▼ -444.3%
2011 0.52x CA$207.80K CA$-524.73K CA$400.20K ▲ +109.4%
2010 -5.51x CA$-82.23K CA$-82.23K CA$14.92K ▲ +10.7%
2009 -6.17x CA$-213.63K CA$-216.88K CA$34.62K ▲ +37.2%
2008 -9.83x CA$-220.69K CA$-221.53K CA$22.45K ▼ -36.4%
2007 -7.21x CA$-110.49K CA$-111.44K CA$15.33K ▼ -9.5%
2006 -6.58x CA$-86.71K CA$-93.35K CA$13.18K ▼ -1652.2%
2005 0.42x CA$15.34K CA$-43.31K CA$36.17K ▲ +107.9%
2004 -5.40x CA$-106.86K CA$-110.87K CA$19.80K ▼ -956.4%
2003 -0.51x CA$-32.74K CA$-32.74K CA$64.08K ▲ +81.6%
2002 -2.78x CA$-60.32K CA$-60.32K CA$21.71K ▼ -190.8%
2001 -0.96x CA$-47.46K CA$-47.46K CA$49.66K
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities