Thermal Energy International Inc. (TMG) — Financial Flexibility Index
Thermal Energy International Inc. (TMG) has a Financial Flexibility Index of -0.19x as of November 2025. Free cash flow of CA$-1.78 Million (operating CF CA$-1.81 Million minus capex CA$21.36K) represents 0% of total liabilities (CA$9.63 Million). Check asset allocation strategy of Thermal Energy International Inc. to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Thermal Energy International Inc. Financial Flexibility Index (1997–2025)
Historical Financial Flexibility Index trend for Thermal Energy International Inc. across 28 annual periods. See TMG working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Thermal Energy International Inc. (1997–2025)
Year-by-year free cash flow to debt coverage for Thermal Energy International Inc.. For the full company profile including market capitalisation, see Thermal Energy International Inc. stock valuation.
| Year | Flexibility Index | Free Cash Flow (CAD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | -0.19x | CA$-1.60 Million | CA$-1.67 Million | CA$8.38 Million | ▼ -144.1% |
| 2024 | 0.43x | CA$5.78 Million | CA$5.40 Million | CA$13.37 Million | ▲ +237.0% |
| 2023 | 0.13x | CA$1.49 Million | CA$1.41 Million | CA$11.59 Million | ▲ +185.2% |
| 2022 | -0.15x | CA$-1.29 Million | CA$-1.64 Million | CA$8.55 Million | ▼ -21.8% |
| 2021 | -0.12x | CA$-1.06 Million | CA$-1.19 Million | CA$8.58 Million | ▼ -165.5% |
| 2020 | 0.19x | CA$1.59 Million | CA$1.31 Million | CA$8.44 Million | ▲ +167.9% |
| 2019 | 0.07x | CA$643.80K | CA$570.30K | CA$9.15 Million | ▼ -9.7% |
| 2018 | 0.08x | CA$357.24K | CA$307.69K | CA$4.59 Million | ▼ -77.9% |
| 2017 | 0.35x | CA$1.72 Million | CA$1.68 Million | CA$4.87 Million | ▲ +113.4% |
| 2016 | 0.17x | CA$475.53K | CA$418.17K | CA$2.88 Million | ▲ +129.6% |
| 2015 | -0.56x | CA$-1.77 Million | CA$-1.81 Million | CA$3.16 Million | ▼ -385.4% |
| 2014 | 0.20x | CA$517.35K | CA$462.69K | CA$2.64 Million | ▲ +158.7% |
| 2013 | -0.33x | CA$-737.92K | CA$-759.00K | CA$2.21 Million | ▼ -1446.5% |
| 2012 | -0.02x | CA$-73.61K | CA$-115.20K | CA$3.41 Million | ▼ -197.6% |
| 2011 | 0.02x | CA$50.71K | CA$25.32K | CA$2.29 Million | ▲ +102.4% |
| 2010 | -0.93x | CA$-1.97 Million | CA$-2.06 Million | CA$2.11 Million | ▲ +62.0% |
| 2009 | -2.45x | CA$-4.98 Million | CA$-5.02 Million | CA$2.03 Million | ▼ -1019.5% |
| 2008 | -0.22x | CA$-826.28K | CA$-855.04K | CA$3.77 Million | ▲ +75.0% |
| 2007 | -0.88x | CA$-1.32 Million | CA$-1.35 Million | CA$1.50 Million | ▲ +54.1% |
| 2006 | -1.91x | CA$-2.35 Million | CA$-2.39 Million | CA$1.23 Million | ▼ -189.2% |
| 2005 | -0.66x | CA$-993.93K | CA$-1.01 Million | CA$1.50 Million | ▼ -169.0% |
| 2004 | -0.25x | CA$-376.01K | CA$-396.06K | CA$1.53 Million | ▼ -121.1% |
| 2003 | -0.11x | CA$-253.37K | CA$-256.88K | CA$2.28 Million | ▲ +70.5% |
| 2002 | -0.38x | CA$-521.56K | CA$-528.70K | CA$1.38 Million | ▼ -266.9% |
| 2001 | -0.10x | CA$-344.15K | CA$-444.35K | CA$3.35 Million | ▲ +77.7% |
| 2000 | -0.46x | CA$-523.84K | CA$-560.37K | CA$1.14 Million | ▼ -290.5% |
| 1998 | 0.24x | CA$279.68K | CA$247.89K | CA$1.16 Million | ▲ +1002.2% |
| 1997 | -0.03x | CA$-35.76K | CA$-61.77K | CA$1.34 Million | — |