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
1901	Munic SA PA:ALMUN	0.40x	€2.84 Million ≈ $3.32 Million	€7.13 Million	France	€0.27	▲ +0.00%
1902	Airtac International Group TW:1590	0.40x	NT$4.46 Billion ≈ $140.49 Million	NT$11.21 Billion	Taiwan	NT$1165.00	▲ +0.87%
1903	KON. KPN NV ADR/1 O.N. F:KPNB	0.40x	€3.57 Billion ≈ $4.17 Billion	€8.98 Billion	Germany	€4.50	▼ -0.88%
1904	EIH Limited NSE:EIHOTEL	0.40x	Rs4.24 Billion ≈ $45.82 Million	Rs10.65 Billion	India	Rs304.85	▲ +0.86%
1905	Great-Sun Foods Co Ltd SHG:603336	0.40x	CN¥135.79 Million ≈ $19.87 Million	CN¥341.42 Million	China	CN¥8.79	▼ -3.30%
1906	Webstep ASA OL:WSTEP	0.40x	Nkr104.26 Million ≈ $10.97 Million	Nkr262.30 Million	Norway	Nkr12.25	▼ -1.61%
1907	Ningbo Zhongbai Co Ltd SHG:600857	0.40x	CN¥25.66 Million ≈ $3.76 Million	CN¥64.61 Million	China	CN¥15.24	▼ -0.46%
1908	NOVA Technology Corporation Limited SHE:300921	0.40x	CN¥55.63 Million ≈ $8.14 Million	CN¥140.10 Million	China	CN¥14.76	▼ -1.27%
1909	Premium Catering (Holdings) Limited NASDAQ:PC	0.40x	$615.34K	$1.55 Million	USA	$9.40	▲ +0.00%
1910	TECHTRONIC INDS ADR/5 F:TIB	0.40x	€2.57 Billion ≈ $3.00 Billion	€6.47 Billion	Germany	€60.00	▼ -1.64%
1911	Norman Broadbent Plc LSE:NBB	0.40x	GBX1.58 Million ≈ $192.24	GBX3.98 Million	UK	GBX230.00	▼ -0.86%
1912	ZIJIN MIN.H UNSP.ADR/20 F:FJZB	0.40x	€106.41 Billion ≈ $124.41 Billion	€268.27 Billion	Germany	€78.00	▲ +4.70%
1913	Oyak Cimento Fabrikalari AS IS:OYAKC	0.40x	TL6.87 Billion ≈ $153.96 Million	TL17.35 Billion	Turkey	TL18.91	▼ -1.61%
1914	Atakey Patates Gida Sanayi ve Ticaret A.S. IS:ATAKP	0.40x	TL409.86 Million ≈ $9.18 Million	TL1.03 Billion	Turkey	TL32.54	▼ -1.81%
1915	Viatron Technologies Inc KQ:141000	0.40x	₩9.34 Billion ≈ $6.33 Million	₩23.60 Billion	Korea	₩14600.00	▲ +6.49%
1916	PT Ingria Pratama Capitalindo Tbk JK:GRIA	0.40x	Rp27.87 Billion ≈ $1.63 Million	Rp70.43 Billion	Indonesia	Rp160.00	▲ +14.29%
1917	Mader Group Ltd AU:MAD	0.40x	AU$45.97 Million ≈ $32.53 Million	AU$116.23 Million	Australia	AU$6.10	▲ +1.67%
1918	Black Stone Minerals LP NYSE:BSM	0.40x	$99.81 Million	$252.40 Million	USA	$14.82	▼ -1.40%
1919	GEVORKYAN as PR:GEV	0.40x	Kč50.86 Million ≈ $2.44 Million	Kč128.65 Million	Czech Republic	Kč182.00	▲ +1.11%
1920	Sumber Mas Konstruksi Tbk PT JK:SMKM	0.40x	Rp2.01 Billion ≈ $117.67K	Rp5.08 Billion	Indonesia	Rp79.00	▼ -9.20%
1921	Tingo Group Inc. NASDAQ:TIO	0.39x	$523.20 Million	$1.33 Billion	USA	$0.02	▲ +0.00%
1922	LIFELINE SPAC I OYJ A EO1 F:0CD	0.39x	€3.90 Million ≈ $4.56 Million	€9.90 Million	Germany	€5.14	▼ -5.34%
1923	SIMPPLE LTD. Ordinary Shares NASDAQ:SPPL	0.39x	$3.01 Million	$7.63 Million	USA	$1.86	▼ -0.53%
1924	Desa Deri Sanayi ve Ticaret AS IS:DESA	0.39x	TL591.40 Million ≈ $13.25 Million	TL1.50 Billion	Turkey	TL7.95	▼ -3.52%
1925	Téléverbier SA PA:TVRB	0.39x	€38.57 Million ≈ $45.09 Million	€97.96 Million	France	€65.50	▼ -4.38%
1926	TSE Co. Ltd KQ:131290	0.39x	₩81.62 Billion ≈ $55.31 Million	₩207.36 Billion	Korea	₩280000.00	▼ -5.88%
1927	Mahanagar Gas Limited NSE:MGL	0.39x	Rs9.99 Billion ≈ $107.99 Million	Rs25.40 Billion	India	Rs1041.80	▼ -1.16%
1928	Bolsa Mexicana de Valores S.A.B. de C.V MX:BOLSAA	0.39x	MX$601.90 Million ≈ $34.64 Million	MX$1.53 Billion	Mexico	MX$36.58	▼ -2.09%
1929	Nucleus Software Exports Limited NSE:NUCLEUS	0.39x	Rs1.41 Billion ≈ $15.24 Million	Rs3.59 Billion	India	Rs659.15	▼ -2.64%
1930	Dongbang Ship Machinery Co. Ltd KQ:099410	0.39x	₩6.71 Billion ≈ $4.55 Million	₩17.09 Billion	Korea	₩2725.00	▲ +0.55%
1931	Headwater Exploration Inc TO:HWX	0.39x	CA$106.81 Million ≈ $77.26 Million	CA$272.16 Million	Canada	CA$14.99	▲ +2.18%
1932	Ifishdeco PT JK:IFSH	0.39x	Rp57.93 Billion ≈ $3.39 Million	Rp147.62 Billion	Indonesia	Rp1615.00	▼ -6.92%
1933	Qingdao Richmat Intelligence Technology Co. Ltd. A SHE:301320	0.39x	CN¥201.88 Million ≈ $29.54 Million	CN¥514.45 Million	China	CN¥12.98	▼ -2.04%
1934	Sunmax Biotechnology Co Ltd TWO:4728	0.39x	NT$178.28 Million ≈ $5.62 Million	NT$454.35 Million	Taiwan	NT$395.00	▲ +0.51%
1935	JIADE LIMITED Common stock NASDAQ:JDZG	0.39x	$9.11 Million	$23.23 Million	USA	$6.36	▲ +0.32%
1936	Huangshan Tourism Development Co Ltd A SHG:600054	0.39x	CN¥393.45 Million ≈ $57.57 Million	CN¥1.00 Billion	China	CN¥10.29	▲ +0.10%
1937	Buda Juice, Inc. NYSE MKT:BUDA	0.39x	$483.00K	$1.23 Million	USA	$8.76	▲ +0.00%
1938	4Mass SA WAR:4MS	0.39x	zł8.98 Million ≈ $2.47 Million	zł22.91 Million	Poland	zł5.73	▼ -4.50%
1939	Viking Supply Ships AB (publ) ST:VSSAB-B	0.39x	Skr679.00 Million ≈ $73.07 Million	Skr1.73 Billion	Sweden	Skr174.00	▼ -3.87%
1940	Epigral Ltd. NSE:EPIGRAL	0.39x	Rs5.03 Billion ≈ $54.40 Million	Rs12.84 Billion	India	Rs980.90	▼ -1.50%
1941	Chaman Lal Setia Exports Limited NSE:CLSEL	0.39x	Rs789.01 Million ≈ $8.53 Million	Rs2.02 Billion	India	Rs264.35	▼ -3.03%
1942	United Paper Public Company Limited BK:UTP	0.39x	฿183.13 Million ≈ $5.71 Million	฿467.78 Million	Thailand	฿8.80	▲ +0.00%
1943	Bathurst Resources Ltd AU:BRL	0.39x	AU$8.91 Million ≈ $6.31 Million	AU$22.78 Million	Australia	AU$0.40	▼ -1.25%
1944	Passat Société Anonyme PA:ALXIL	0.39x	€15.12 Million ≈ $17.68 Million	€38.68 Million	USA	€4.22	▲ +1.20%
1945	Eclat Textile Co Ltd TW:1476	0.39x	NT$2.19 Billion ≈ $69.00 Million	NT$5.60 Billion	Taiwan	NT$321.00	▼ -2.58%
1946	Netbay Public Company Limited BK:NETBAY	0.39x	฿78.78 Million ≈ $2.46 Million	฿201.59 Million	Thailand	฿11.50	▲ +0.00%
1947	Kiwetinohk Energy Corp TO:KEC	0.39x	CA$154.69 Million ≈ $111.90 Million	CA$395.84 Million	Canada	CA$24.73	▲ +0.12%
1948	SECOM CO.LTD ADR 1/4/O.N. F:XSC0	0.39x	€263.10 Billion ≈ $307.60 Billion	€673.44 Billion	Germany	€7.65	▲ +0.66%
1949	Enjoei S.A SA:ENJU3	0.39x	R$52.04 Million ≈ $10.21 Million	R$133.21 Million	Brazil	R$7.62	▲ +2.56%
1950	Zyrexindo Mandiri Buana PT Tbk JK:ZYRX	0.39x	Rp193.90 Billion ≈ $11.36 Million	Rp496.67 Billion	Indonesia	Rp117.00	▼ -0.85%
1951	SHIMAO SERV.HLDGS HD-01 F:5GO	0.39x	€1.94 Billion ≈ $2.27 Billion	€4.98 Billion	Germany	€0.04	▲ +0.00%
1952	ABCO Electronics Co. Ltd KQ:036010	0.39x	₩14.93 Billion ≈ $10.11 Million	₩38.26 Billion	Korea	₩6580.00	▲ +0.30%
1953	Hwashin Precision Engineering Co. Ltd KQ:126640	0.39x	₩28.89 Billion ≈ $19.58 Million	₩74.10 Billion	Korea	₩3355.00	▲ +3.07%
1954	Utilico Emerging Markets Ltd LSE:UEM	0.39x	GBX9.95 Million ≈ $1.21K	GBX25.52 Million	UK	GBX293.00	▲ +0.34%
1955	Sichuan Discovery Dream Science & Technology Co.Ltd SHE:301213	0.39x	CN¥75.47 Million ≈ $11.04 Million	CN¥193.66 Million	China	CN¥40.65	▲ +0.37%
1956	Qinghai Salt Lake Industry Co.Ltd SHE:000792	0.39x	CN¥3.37 Billion ≈ $493.78 Million	CN¥8.66 Billion	China	CN¥23.00	▼ -0.26%
1957	Mercia Technologies PLC LSE:MERC	0.39x	GBX6.07 Million ≈ $738.54	GBX15.58 Million	UK	GBX31.00	▲ +0.00%
1958	Playside Studios Ltd AU:PLY	0.39x	AU$5.74 Million ≈ $4.06 Million	AU$14.74 Million	Australia	AU$0.09	▼ -4.26%
1959	eQ Oyj HE:EQV1V	0.39x	€7.27 Million ≈ $8.50 Million	€18.67 Million	Finland	€8.00	▼ -0.99%
1960	Munsin Garment TWO:2916	0.39x	NT$166.53 Million ≈ $5.25 Million	NT$427.81 Million	Taiwan	NT$40.00	▲ +0.00%
1961	Victrex plc LSE:VCT	0.39x	GBX52.80 Million ≈ $6.42K	GBX135.70 Million	UK	GBX915.00	▼ -2.76%
1962	Atmos Energy Corporation NYSE:ATO	0.39x	$1.73 Billion	$4.44 Billion	USA	$164.74	▼ -1.55%
1963	Kinatico Ltd AU:KYP	0.39x	AU$2.41 Million ≈ $1.70 Million	AU$6.19 Million	Australia	AU$0.14	▲ +0.00%
1964	Indo Kordsa Tbk JK:BRAM	0.39x	Rp20.90 Million ≈ $1.22K	Rp53.73 Million	Indonesia	Rp4500.00	▼ -1.10%
1965	Viemed Healthcare Inc NASDAQ:VMD	0.39x	$26.00 Million	$66.86 Million	USA	$9.59	▲ +1.16%
1966	EKF Diagnostics Holdings Plc LSE:EKF	0.39x	GBX4.18 Million ≈ $508.83	GBX10.76 Million	UK	GBX25.00	▲ +0.00%
1967	Kinross Gold Corp TO:K	0.39x	CA$1.42 Billion ≈ $1.03 Billion	CA$3.66 Billion	Canada	CA$33.40	▼ -1.74%
1968	Gelecek Varlik Yonetimi AS IS:GLCVY	0.39x	TL205.90 Million ≈ $4.61 Million	TL530.35 Million	Turkey	TL35.18	▼ -3.09%
1969	Anglo American Platinum Ltd JSE:AMS	0.39x	ZAC26.72 Billion ≈ $14.20 Million	ZAC68.83 Billion	South Africa	ZAC73681.00	▲ +0.00%
1970	STMicroelectronics NV LSE:0INB	0.39x	€3.04 Billion ≈ $3.55 Billion	€7.83 Billion	UK	€44.61	▲ +2.14%
1971	Millennium Silver Corp V:MSC	0.39x	CA$45.01K ≈ $32.56K	CA$116.02K	Canada	CA$0.03	▲ +0.00%
1972	Sarda Energy & Minerals Limited NSE:SARDAEN	0.39x	Rs15.10 Billion ≈ $163.30 Million	Rs38.94 Billion	India	Rs481.00	▼ -1.61%
1973	Imaspro Corporation Bhd KLSE:7222	0.39x	RM4.59 Million ≈ $1.15 Million	RM11.83 Million	Malaysia	RM0.70	▼ -0.71%
1974	Global Infotech Co Ltd SHE:300465	0.39x	CN¥241.12 Million ≈ $35.28 Million	CN¥622.44 Million	China	CN¥10.87	▲ +0.65%
1975	Wuxi Jinyang New Materials Co. Ltd. A SHE:301210	0.39x	CN¥506.94 Million ≈ $74.18 Million	CN¥1.31 Billion	China	CN¥28.80	▼ -1.81%
1976	Glodon Software Co Ltd SHE:002410	0.39x	CN¥1.29 Billion ≈ $188.60 Million	CN¥3.33 Billion	China	CN¥8.43	▲ +1.93%
1977	RATIONAL UN.ADR 1/ 1/20 F:RAA1	0.39x	€84.26 Million ≈ $98.51 Million	€217.93 Million	Germany	€31.40	▼ -3.68%
1978	Accesso Technology Group PLC LSE:ACSO	0.39x	GBX23.01 Million ≈ $2.80K	GBX59.54 Million	UK	GBX319.00	▼ -2.00%
1979	JKG Land Bhd KLSE:6769	0.39x	RM99.25 Million ≈ $24.92 Million	RM256.78 Million	Malaysia	RM0.10	▲ +0.00%
1980	Cronos Group Inc TO:CRON	0.39x	CA$17.90 Million ≈ $12.95 Million	CA$46.36 Million	Canada	CA$4.61	▲ +1.10%
1981	Temple Bar Investment Trust LSE:TMPL	0.39x	£29.65 Million ≈ $39.81 Million	£76.82 Million	UK	£428.50	▼ -1.04%
1982	Global Health Limited NSE:MEDANTA	0.39x	Rs7.41 Billion ≈ $80.16 Million	Rs19.21 Billion	India	Rs1238.10	▼ -0.15%
1983	Mayfield Group Holdings Ltd AU:MYG	0.39x	AU$12.06 Million ≈ $8.53 Million	AU$31.26 Million	Australia	AU$1.80	▼ -6.01%
1984	Shinyoung Waco KO:005800	0.39x	₩15.14 Billion ≈ $10.26 Million	₩39.27 Billion	Korea	₩13200.00	▼ -0.08%
1985	Cardinal Energy Ltd TO:CJ	0.39x	CA$178.47 Million ≈ $129.11 Million	CA$463.32 Million	Canada	CA$13.61	▲ +1.19%
1986	Progressive Planet Solutions Inc V:PLAN	0.39x	CA$4.37 Million ≈ $3.16 Million	CA$11.35 Million	Canada	CA$0.32	▲ +1.61%
1987	Semco Technologies Sas PA:ALSEM	0.39x	€7.96 Million ≈ $9.31 Million	€20.68 Million	France	€39.30	▼ -0.76%
1988	India Pesticides Limited NSE:IPL	0.39x	Rs1.26 Billion ≈ $13.59 Million	Rs3.26 Billion	India	Rs123.46	▼ -2.78%
1989	ZIGUP plc LSE:ZIG	0.39x	GBX556.33 Million ≈ $67.69K	GBX1.44 Billion	UK	GBX456.00	▼ -0.55%
1990	Target Hospitality Corp NASDAQ:TH	0.38x	$109.43 Million	$284.40 Million	USA	$15.32	▼ -0.91%
1991	Dovre Group Plc HE:DOV1V	0.38x	€27.38 Million ≈ $32.01 Million	€71.17 Million	Finland	€0.07	▲ +0.00%
1992	Metro Mining Ltd AU:MMI	0.38x	AU$67.10 Million ≈ $47.48 Million	AU$174.50 Million	Australia	AU$0.83	▲ +0.61%
1993	Afine Investments Ltd JSE:ANI	0.38x	ZAC42.47 Million ≈ $22.57K	ZAC110.51 Million	South Africa	ZAC450.00	▲ +9083.67%
1994	Tong Yang Industry Co Ltd TW:1319	0.38x	NT$3.30 Billion ≈ $103.87 Million	NT$8.58 Billion	Taiwan	NT$81.50	▼ -2.40%
1995	Zhejiang Jiuzhou Pharm Co Ltd SHG:603456	0.38x	CN¥644.03 Million ≈ $94.24 Million	CN¥1.68 Billion	China	CN¥16.48	▲ +1.73%
1996	Laxmi Organic Industries Limited NSE:LXCHEM	0.38x	Rs4.86 Billion ≈ $52.60 Million	Rs12.67 Billion	India	Rs171.14	▼ -4.40%
1997	Johnson Outdoors Inc NASDAQ:JOUT	0.38x	$83.55 Million	$217.74 Million	USA	$42.66	▼ -1.80%
1998	Kip Mcgrath Education Centres Ltd AU:KME	0.38x	AU$3.82 Million ≈ $2.70 Million	AU$9.95 Million	Australia	AU$0.69	▼ -0.72%
1999	Cranswick PLC LSE:CWK	0.38x	GBX248.40 Million ≈ $30.22K	GBX648.40 Million	UK	GBX5200.00	▼ -0.19%
2000	Jentech Precision Industrial Co Ltd TW:3653	0.38x	NT$1.88 Billion ≈ $59.19 Million	NT$4.90 Billion	Taiwan	NT$6560.00	▼ -2.53%

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.