Companies by Financial Flexibility Index

Companies by financial flexibility index. How much financial flexibility does each company have — measured as free cash flow relative to total liabilities

Companies with Data

31,566

Operating CF, capex, and total liabilities required

Last Updated

Oct 2026

Quarterly + annual filings

Financial Flexibility Index = (Operating Cash Flow − Capital Expenditures) / Total Liabilities
Also expressed as Free Cash Flow / Total Liabilities. Measures how much free cash flow a company generates relative to its total debt obligations. A positive ratio indicates the company generates free cash after capex; a high ratio signals strong financial flexibility to service debt, fund dividends, or invest in growth. Negative values indicate FCF deficits.

Financial Flexibility Index Rankings of Public Companies (October 2026)

Financial flexibility index rankings of public companies for October 2026, covering 31,566 companies. Search or filter the table below to find a company.

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Rank	Company	Flexibility Index	Free Cash Flow	Total Liabilities	Country	Price	24h Change
1201	BW LPG Ltd OL:BWLPG	0.57x	Nkr749.79 Million ≈ $78.90 Million	Nkr1.32 Billion	Norway	Nkr234.20	▼ -0.34%
1202	Guideline Geo AB (publ) ST:GGEO	0.57x	Skr19.50 Million ≈ $2.10 Million	Skr34.35 Million	Sweden	Skr9.44	▼ -1.26%
1203	IRM ENERGY LTD NSE:IRMENERGY	0.57x	Rs1.69 Billion ≈ $18.30 Million	Rs2.99 Billion	India	Rs251.55	▼ -2.54%
1204	Pexip Holding ASA OL:PEXIP	0.57x	Nkr288.14 Million ≈ $30.32 Million	Nkr508.69 Million	Norway	Nkr75.50	▼ -0.92%
1205	Avadh Sugar & Energy Limited NSE:AVADHSUGAR	0.57x	Rs9.94 Billion ≈ $107.55 Million	Rs17.56 Billion	India	Rs987.55	▼ -0.79%
1206	High Tech Pharm Co. Ltd KQ:106190	0.57x	₩7.12 Billion ≈ $4.82 Million	₩12.57 Billion	Korea	₩9580.00	▲ +0.42%
1207	Yapp Automotive Systems Co Ltd SHG:603013	0.57x	CN¥1.38 Billion ≈ $202.25 Million	CN¥2.44 Billion	China	CN¥15.39	▲ +2.60%
1208	Aberforth Smaller Companies Trust PLC LSE:ASL	0.57x	GBX42.56 Million ≈ $5.18K	GBX75.31 Million	UK	GBX1854.00	▼ -0.43%
1209	Predictive Discovery Ltd AU:PDI	0.57x	AU$3.91 Million ≈ $2.76 Million	AU$6.91 Million	Australia	AU$4.30	▼ -1.83%
1210	Caxton JSE:CAT	0.57x	ZAC1.04 Billion ≈ $552.38K	ZAC1.84 Billion	South Africa	ZAC1141.00	▼ -2.48%
1211	IPSEN SA SP.ADR 1/4/ EO 1 F:I7G0	0.56x	€1.47 Billion ≈ $1.72 Billion	€2.60 Billion	Germany	€40.80	▲ +3.03%
1212	Hugel Inc KQ:145020	0.56x	₩58.70 Billion ≈ $39.78 Million	₩104.15 Billion	Korea	₩187000.00	▲ +4.41%
1213	Hunan Warrant Pharmaceutical Co. Ltd. A SHG:688799	0.56x	CN¥376.10 Million ≈ $55.03 Million	CN¥667.46 Million	China	CN¥46.57	▼ -3.58%
1214	Bajaj Consumer Care Limited NSE:BAJAJCON	0.56x	Rs1.07 Billion ≈ $11.57 Million	Rs1.90 Billion	India	Rs447.05	▼ -5.29%
1215	YONGHE MED.GR.DL-0000025 F:L97	0.56x	€514.43 Million ≈ $601.42 Million	€914.47 Million	Germany	€0.23	▲ +3.67%
1216	SDM SE XETRA:75S	0.56x	€7.20 Million ≈ $8.42 Million	€12.80 Million	Germany	€0.00	▼ -97.14%
1217	Djerriwarrh Investments Ltd AU:DJW	0.56x	AU$38.95 Million ≈ $27.56 Million	AU$69.24 Million	Australia	AU$2.97	▲ +0.00%
1218	Fullink Technology Co. LTD. SHE:301067	0.56x	CN¥170.40 Million ≈ $24.93 Million	CN¥303.04 Million	China	CN¥25.60	▼ -1.35%
1219	ZINKA LOGISTICS SOL LTD NSE:BLACKBUCK	0.56x	Rs1.77 Billion ≈ $19.11 Million	Rs3.14 Billion	India	Rs584.30	▼ -1.71%
1220	Ultra Jaya Milk Industry Tbk JK:ULTJ	0.56x	Rp662.45 Billion ≈ $38.82 Million	Rp1.18 Trillion	Indonesia	Rp2000.00	▼ -0.50%
1221	Yelp Inc NYSE:YELP	0.56x	$144.10 Million	$256.73 Million	USA	$19.57	▼ -1.56%
1222	Fima Corporation Bhd KLSE:3107	0.56x	RM77.83 Million ≈ $19.54 Million	RM138.86 Million	Malaysia	RM1.54	▲ +2.67%
1223	ARB Corporation Ltd AU:ARB	0.56x	AU$75.56 Million ≈ $53.46 Million	AU$134.90 Million	Australia	AU$17.08	▲ +0.77%
1224	Guangdong VTR Bio-Tech Co Ltd SHE:300381	0.56x	CN¥149.40 Million ≈ $21.86 Million	CN¥266.84 Million	China	CN¥5.25	▼ -1.87%
1225	New Pacific Metals Corp TO:NUAG	0.56x	CA$629.04K ≈ $455.04K	CA$1.12 Million	Canada	CA$9.42	▲ +1.84%
1226	Consolidated Water Co Ltd NASDAQ:CWCO	0.56x	$17.34 Million	$31.03 Million	USA	$27.60	▼ -2.27%
1227	IQ-AI LTD. LS -01 F:5Y1	0.56x	€338.73K ≈ $396.01K	€606.50K	Germany	€0.00	▲ +0.00%
1228	Greenfire Resources Ltd. NYSE:GFR	0.56x	$92.23 Million	$165.16 Million	USA	$6.58	▲ +0.15%
1229	Trent Limited NSE:TRENT	0.56x	Rs25.79 Billion ≈ $278.90 Million	Rs46.21 Billion	India	Rs2891.60	▼ -2.27%
1230	One Media iP Group Plc LSE:OMIP	0.56x	GBX666.31K ≈ $81.07	GBX1.19 Million	UK	GBX4.55	▲ +0.00%
1231	Cliq Digital AG XETRA:CLIQ	0.56x	€7.31 Million ≈ $8.54 Million	€13.10 Million	Germany	€7.00	▲ +17.06%
1232	Yealink Network Technology Corp Ltd SHE:300628	0.56x	CN¥553.34 Million ≈ $80.97 Million	CN¥992.51 Million	China	CN¥36.59	▲ +1.89%
1233	Bachem Holding AG SW:BANB	0.56x	CHF362.39 Million ≈ $458.16 Million	CHF650.41 Million	Switzerland	CHF83.50	▼ -0.77%
1234	ZHOU HEI YA HLDG -000001 F:ZHY	0.56x	€479.80 Million ≈ $560.93 Million	€861.45 Million	Germany	€0.07	▲ +3.10%
1235	Pudumjee Paper Products Limited NSE:PDMJEPAPER	0.56x	Rs1.40 Billion ≈ $15.10 Million	Rs2.51 Billion	India	Rs95.27	▼ -2.08%
1236	Sego Resources Inc V:SGZ	0.56x	CA$261.63K ≈ $189.26K	CA$470.19K	Canada	CA$0.04	▼ -12.50%
1237	T S Flour Mill Public Company Limited BK:TMILL	0.56x	฿318.51 Million ≈ $9.93 Million	฿572.43 Million	Thailand	฿2.36	▼ -0.84%
1238	Jantsa Jant Sanayi ve Ticaret AS IS:JANTS	0.56x	TL1.47 Billion ≈ $32.98 Million	TL2.65 Billion	Turkey	TL11.69	▼ -2.99%
1239	Jinduicheng Molybdenum Co Ltd SHG:601958	0.56x	CN¥1.60 Billion ≈ $234.59 Million	CN¥2.88 Billion	China	CN¥18.00	▲ +0.45%
1240	Ege Gubre Sanayi AS IS:EGGUB	0.56x	TL1.38 Billion ≈ $30.87 Million	TL2.48 Billion	Turkey	TL86.75	▼ -5.40%
1241	Shenyang Xingqi Pharmaceutical Co Ltd SHE:300573	0.56x	CN¥312.02 Million ≈ $45.66 Million	CN¥562.18 Million	China	CN¥34.12	▲ +1.52%
1242	Steppe Cement LSE:STCM	0.55x	GBX12.96 Million ≈ $1.58K	GBX23.41 Million	UK	GBX41.50	▲ +0.00%
1243	Krystal Biotech Inc NASDAQ:KRYS	0.55x	$78.35 Million	$141.52 Million	USA	$320.25	▲ +1.16%
1244	Indo Tambangraya Megah Tbk JK:ITMG	0.55x	Rp263.01 Million ≈ $15.41K	Rp475.20 Million	Indonesia	Rp23075.00	▲ +0.33%
1245	Sierra Madre Gold and Silver Ltd V:SM	0.55x	CA$5.92 Million ≈ $4.28 Million	CA$10.70 Million	Canada	CA$1.59	▼ -4.22%
1246	Shaanxi Huaqin Technology Industry Co. Ltd. A SHG:688281	0.55x	CN¥920.55 Million ≈ $134.71 Million	CN¥1.66 Billion	China	CN¥47.09	▼ -0.84%
1247	Cion Investment Corp NYSE:CION	0.55x	$21.59 Million	$39.12 Million	USA	$6.37	▼ -3.34%
1248	Digitalbox PLC LSE:DBOX	0.55x	GBX202.00K ≈ $24.58	GBX366.00K	UK	GBX4.30	▼ -3.37%
1249	Oklo Inc. NYSE:OKLO	0.55x	$46.50 Million	$84.33 Million	USA	$27.24	▼ -2.61%
1250	Hipages Group Holdings Ltd AU:HPG	0.55x	AU$13.52 Million ≈ $9.57 Million	AU$24.56 Million	Australia	AU$0.85	▲ +0.00%
1251	Apetit Oyj HE:APETIT	0.55x	€20.70 Million ≈ $24.20 Million	€37.60 Million	Finland	€12.15	▲ +0.00%
1252	Solitario Exploration & Royalty Corp NYSE MKT:XPL	0.55x	$229.00K	$416.00K	USA	$0.83	▼ -1.19%
1253	THARISA NON LIST. DL-001 F:7YZ	0.55x	€214.72 Million ≈ $251.03 Million	€390.23 Million	Germany	€1.30	▼ -8.45%
1254	IG Design Group plc LSE:IGR	0.55x	GBX55.39 Million ≈ $6.74K	GBX100.86 Million	UK	GBX97.00	▲ +0.00%
1255	CHINA FOODS UNSP.ADR/20 F:CFH0	0.55x	€4.29 Billion ≈ $5.02 Billion	€7.82 Billion	Germany	€7.55	▲ +0.00%
1256	FENIX Resources Ltd AU:FEX	0.55x	AU$102.30 Million ≈ $72.38 Million	AU$186.70 Million	Australia	AU$0.21	▼ -2.38%
1257	Kyobo With Special Purpose Acq KQ:205100	0.55x	₩7.81 Billion ≈ $5.29 Million	₩14.27 Billion	Korea	₩1380.00	▲ +1.10%
1258	Rave Restaurant Group Inc NASDAQ:RAVE	0.55x	$1.17 Million	$2.13 Million	USA	$2.15	▼ -1.38%
1259	Gasporox AB (publ) ST:GPX	0.55x	Skr15.96 Million ≈ $1.72 Million	Skr29.19 Million	Sweden	Skr6.45	▲ +0.00%
1260	FLAT GLASS GROUP H YC-25 F:72T	0.55x	€10.80 Billion ≈ $12.63 Billion	€19.77 Billion	Germany	€0.57	▼ -2.56%
1261	Homeritz Corporation Bhd KLSE:5160	0.55x	RM14.12 Million ≈ $3.54 Million	RM25.85 Million	Malaysia	RM0.38	▲ +1.35%
1262	Campina Ice Cream Industry Tbk PT JK:CAMP	0.55x	Rp84.45 Billion ≈ $4.95 Million	Rp154.64 Billion	Indonesia	Rp135.00	▼ -4.93%
1263	Garanti Yatirim Ortakligi AS IS:GRNYO	0.55x	TL2.48 Million ≈ $55.61K	TL4.55 Million	Turkey	TL7.84	▼ -3.45%
1264	Infomedia Ltd AU:IFM	0.54x	AU$29.71 Million ≈ $21.02 Million	AU$54.54 Million	Australia	AU$1.70	▲ +0.00%
1265	Inner Mongolia Lantai Industrial Co Ltd SHG:600328	0.54x	CN¥6.72 Billion ≈ $983.94 Million	CN¥12.37 Billion	China	CN¥5.61	▲ +1.08%
1266	Impax Asset Management Group Plc LSE:IPX	0.54x	GBX21.46 Million ≈ $2.61K	GBX39.48 Million	UK	GBX92.00	▲ +2.45%
1267	CHINA SHENHUA EN.A ADR/4 F:IKFC	0.54x	€123.46 Billion ≈ $144.33 Billion	€227.40 Billion	Germany	€20.40	▲ +3.03%
1268	Nasmed Ozel Saglik Hizmetleri Ticaret AS IS:EGEPO	0.54x	TL164.53 Million ≈ $3.68 Million	TL303.09 Million	Turkey	TL4.89	▼ -8.26%
1269	Iofina plc LSE:IOF	0.54x	GBX13.33 Million ≈ $1.62K	GBX24.57 Million	UK	GBX49.80	▼ -2.35%
1270	Siljansvik AB (publ) ST:SIVI	0.54x	Skr48.22 Million ≈ $5.19 Million	Skr88.92 Million	Sweden	Skr114.40	▼ -1.21%
1271	RAIZ Invest Ltd AU:RZI	0.54x	AU$3.67 Million ≈ $2.60 Million	AU$6.78 Million	Australia	AU$0.34	▲ +6.35%
1272	Songcheng Performance Develop SHE:300144	0.54x	CN¥649.06 Million ≈ $94.98 Million	CN¥1.20 Billion	China	CN¥5.47	▲ +0.00%
1273	SIMCERE PHARMAC. GRP LTD F:S2P	0.54x	€2.88 Billion ≈ $3.36 Billion	€5.31 Billion	Germany	€1.24	▲ +0.81%
1274	Cigniti Technologies Limited NSE:CIGNITITEC	0.54x	Rs1.90 Billion ≈ $20.50 Million	Rs3.50 Billion	India	Rs1260.30	▼ -2.13%
1275	ERREDUE S.P.A. F:Z9H	0.54x	€12.92 Million ≈ $15.10 Million	€23.92 Million	Germany	€10.65	▼ -0.93%
1276	Mrs. Bectors Food Specialities Limited NSE:BECTORFOOD	0.54x	Rs2.25 Billion ≈ $24.31 Million	Rs4.16 Billion	India	Rs203.67	▼ -3.24%
1277	Shiva Mills Limited NSE:SHIVAMILLS	0.54x	Rs79.78 Million ≈ $862.80K	Rs147.79 Million	India	Rs58.91	▲ +2.81%
1278	Fleetwood Ltd AU:FWD	0.54x	AU$54.25 Million ≈ $38.38 Million	AU$100.52 Million	Australia	AU$2.16	▼ -2.70%
1279	Ignite Ltd AU:IGN	0.54x	AU$2.64 Million ≈ $1.87 Million	AU$4.89 Million	Australia	AU$0.58	▲ +0.00%
1280	AMREP Corporation NYSE:AXR	0.54x	$3.56 Million	$6.61 Million	USA	$19.58	▼ -0.51%
1281	Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi AS IS:BRKO	0.54x	TL41.38 Million ≈ $926.85K	TL76.78 Million	Turkey	TL6.65	▼ -7.64%
1282	Voltamp Transformers Limited NSE:VOLTAMP	0.54x	Rs1.22 Billion ≈ $13.18 Million	Rs2.26 Billion	India	Rs10410.00	▼ -2.00%
1283	Frontier Developments Plc LSE:FDEV	0.54x	GBX22.84 Million ≈ $2.78K	GBX42.42 Million	UK	GBX557.00	▲ +0.36%
1284	CTOS Digital Bhd KLSE:5301	0.54x	RM113.65 Million ≈ $28.53 Million	RM211.19 Million	Malaysia	RM0.36	▼ -15.29%
1285	Zensar Technologies Limited NSE:ZENSARTECH	0.54x	Rs6.10 Billion ≈ $65.95 Million	Rs11.33 Billion	India	Rs513.15	▲ +1.06%
1286	Shenzhen Haoningda Meters Co Ltd SHE:002356	0.54x	CN¥34.11 Million ≈ $4.99 Million	CN¥63.42 Million	China	CN¥2.47	▼ -1.98%
1287	Wentel Engineering Holdings Berhad KLSE:0298	0.54x	RM9.07 Million ≈ $2.28 Million	RM16.88 Million	Malaysia	RM0.24	▼ -2.04%
1288	Shaver Shop Group Ltd AU:SSG	0.54x	AU$38.49 Million ≈ $27.24 Million	AU$71.65 Million	Australia	AU$1.24	▼ -3.50%
1289	HYUNDAI BIOLAND Co.Ltd KQ:052260	0.54x	₩14.99 Billion ≈ $10.16 Million	₩27.91 Billion	Korea	₩4520.00	▲ +2.84%
1290	Vertoz Advertising Limited NSE:VERTOZ	0.54x	Rs383.73 Million ≈ $4.15 Million	Rs716.91 Million	India	Rs32.79	▼ -1.35%
1291	Optex Systems Holdings, Inc. Common Stock NASDAQ:OPXS	0.53x	$2.53 Million	$4.74 Million	USA	$9.68	▼ -1.48%
1292	Inversiones Doalca SOCIMI SA MC:YDOA	0.53x	€4.45 Million ≈ $5.20 Million	€8.34 Million	Spain	€26.80	▲ +0.00%
1293	Shelly Group SE XETRA:SLYG	0.53x	€28.78 Million ≈ $33.65 Million	€53.91 Million	Germany	€65.90	▼ -0.15%
1294	YM Tech Co. Ltd. KQ:273640	0.53x	₩2.24 Billion ≈ $1.52 Million	₩4.19 Billion	Korea	₩5890.00	▲ +4.99%
1295	Advanced Enzyme Technologies Limited NSE:ADVENZYMES	0.53x	Rs830.51 Million ≈ $8.98 Million	Rs1.56 Billion	India	Rs262.00	▼ -1.87%
1296	MOVIE GAMES S.A. ZY1 F:2LH	0.53x	€3.01 Million ≈ $3.52 Million	€5.65 Million	Germany	€1.86	▲ +0.22%
1297	Sinaran Advance Group Bhd KLSE:5172	0.53x	RM2.07 Million ≈ $518.96K	RM3.88 Million	Malaysia	RM0.13	▲ +8.70%
1298	KRN Heat Exchanger and Refrigeration NSE:KRN	0.53x	Rs1.91 Billion ≈ $20.61 Million	Rs3.58 Billion	India	Rs1110.10	▼ -2.59%
1299	Wira Global Solusi Tbk PT JK:WGSH	0.53x	Rp9.57 Billion ≈ $560.83K	Rp17.98 Billion	Indonesia	Rp75.00	▼ -9.64%
1300	Bisi International Tbk JK:BISI	0.53x	Rp117.96 Billion ≈ $6.91 Million	Rp221.68 Billion	Indonesia	Rp600.00	▼ -2.44%

How Companies Are Ranked by Financial Flexibility Index

Companies are ranked by financial flexibility index, calculated as free cash flow (operating cash flow minus capital expenditures) divided by total liabilities, using each company's latest reported financial statements.