As at December 31, 2023, Enerflex's net debt balance was $1.1 billion, which included $126 million of cash and cash equivalents, and the Company maintained strong liquidity with access to $473 million under its credit facility. Enerflex's bank-adjusted net debt-to-EBITDA ratio was approximately 2.3 times as at December 31, 2023 compared to 2.7 times at the end of Q3/2023 and 3.3 times at the end of Q4/2022.