Thermal Energy International Inc. (TMG) — Financial Flexibility Index

Latest as of November 2025: -0.19x

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). Also explore net asset momentum of Thermal Energy International Inc. to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

-0.19x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$-1.78 Million
Operating CF − Capex

Total Liabilities

CA$9.63 Million
CAD

Capital Expenditures

CA$21.36K
CAD

Thermal Energy International Inc. Financial Flexibility Index (1997–2025)

Historical Financial Flexibility Index trend for Thermal Energy International Inc. across 28 annual periods. Check TMG PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities