Thor Explorations Ltd. (THX) — Financial Flexibility Index

Latest as of June 2026: 1.93x

Thor Explorations Ltd. (THX) has a Financial Flexibility Index of 1.93x as of June 2026. Free cash flow of CA$56.86 Million (operating CF CA$53.05 Million minus capex CA$3.81 Million) represents 2% of total liabilities (CA$29.46 Million). Check Thor Explorations Ltd. total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

1.93x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$56.86 Million
Operating CF − Capex

Total Liabilities

CA$29.46 Million
CAD

Capital Expenditures

CA$3.81 Million
CAD

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

Historical Financial Flexibility Index trend for Thor Explorations Ltd. across 25 annual periods. For the full cash flow conversion analysis, see Thor Explorations Ltd. (THX) cash flow conversion.

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

Year-by-year free cash flow to debt coverage for Thor Explorations Ltd.. Explore THX 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 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