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

31,445
Operating CF, capex, and total liabilities required

Last Updated

Aug 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.
Rank Company Flexibility Index Free Cash Flow Total Liabilities Country Price 24h Change
2001 Kinross Gold Corp
TO:K 		0.39x CA$1.42 Billion
≈ $1.03 Billion 		CA$3.66 Billion Canada CA$46.18 ▲ +1.25%
2002 Gelecek Varlik Yonetimi AS
IS:GLCVY 		0.39x TL205.90 Million
≈ $4.61 Million 		TL530.35 Million Turkey TL54.00 ▲ +0.93%
2003 Anglo American Platinum Ltd
JSE:AMS 		0.39x ZAC26.72 Billion
≈ $14.20 Million 		ZAC68.83 Billion South Africa ZAC73681.00 ▲ +0.00%
2004 STMicroelectronics NV
LSE:0INB 		0.39x €3.04 Billion
≈ $3.55 Billion 		€7.83 Billion UK €42.52 ▲ +0.53%
2005 Wangsu Science Tech
SHE:300017 		0.39x CN¥555.50 Million
≈ $81.29 Million 		CN¥1.43 Billion China CN¥15.10 ▼ -0.66%
2006 Outback Goldfields Corp
V:OZ 		0.39x CA$66.57K
≈ $48.16K 		CA$171.63K Canada CA$0.38 ▲ +7.04%
2007 Sarda Energy & Minerals Limited
NSE:SARDAEN 		0.39x Rs15.10 Billion
≈ $163.30 Million 		Rs38.94 Billion India Rs506.50 ▼ -0.10%
2008 Henan Thinker Automation
SHG:603508 		0.39x CN¥122.33 Million
≈ $17.90 Million 		CN¥315.73 Million China CN¥21.65 ▲ +1.17%
2009 Wuxi Jinyang New Materials Co. Ltd. A
SHE:301210 		0.39x CN¥506.94 Million
≈ $74.18 Million 		CN¥1.31 Billion China CN¥24.28 ▲ +2.10%
2010 Glodon Software Co Ltd
SHE:002410 		0.39x CN¥1.29 Billion
≈ $188.60 Million 		CN¥3.33 Billion China CN¥8.61 ▼ -3.26%
2011 RATIONAL UN.ADR 1/ 1/20
F:RAA1 		0.39x €84.26 Million
≈ $98.51 Million 		€217.93 Million Germany €31.40 ▼ -3.68%
2012 Accesso Technology Group PLC
LSE:ACSO 		0.39x GBX23.01 Million
≈ $2.80K 		GBX59.54 Million UK GBX297.50 ▼ -2.46%
2013 JKG Land Bhd
KLSE:6769 		0.39x RM99.25 Million
≈ $24.92 Million 		RM256.78 Million Malaysia RM0.12 ▲ +0.00%
2014 Cronos Group Inc
TO:CRON 		0.39x CA$17.90 Million
≈ $12.95 Million 		CA$46.36 Million Canada CA$4.85 ▲ +2.32%
2015 Spandana Sphoorty Financial Limited
NSE:SPANDANA 		0.39x Rs13.33 Billion
≈ $144.11 Million 		Rs34.52 Billion India Rs242.30 ▲ +0.54%
2016 Temple Bar Investment Trust
LSE:TMPL 		0.39x £29.65 Million
≈ $39.81 Million 		£76.82 Million UK £422.50 ▲ +0.00%
2017 Global Health Limited
NSE:MEDANTA 		0.39x Rs7.41 Billion
≈ $80.16 Million 		Rs19.21 Billion India Rs1404.40 ▼ -0.08%
2018 Mayfield Group Holdings Ltd
AU:MYG 		0.39x AU$12.06 Million
≈ $8.53 Million 		AU$31.26 Million Australia AU$2.13 ▲ +0.00%
2019 Shinyoung Waco
KO:005800 		0.39x ₩15.14 Billion
≈ $10.26 Million 		₩39.27 Billion Korea ₩13400.00 ▼ -0.22%
2020 Cardinal Energy Ltd
TO:CJ 		0.39x CA$178.47 Million
≈ $129.11 Million 		CA$463.32 Million Canada CA$11.76 ▼ -1.59%
2021 Progressive Planet Solutions Inc
V:PLAN 		0.39x CA$4.37 Million
≈ $3.16 Million 		CA$11.35 Million Canada CA$0.38 ▲ +1.33%
2022 Semco Technologies Sas
PA:ALSEM 		0.39x €7.96 Million
≈ $9.31 Million 		€20.68 Million France €42.45 ▲ +2.78%
2023 India Pesticides Limited
NSE:IPL 		0.39x Rs1.26 Billion
≈ $13.59 Million 		Rs3.26 Billion India Rs139.94 ▼ -0.24%
2024 ZIGUP plc
LSE:ZIG 		0.39x GBX556.33 Million
≈ $67.69K 		GBX1.44 Billion UK GBX465.00 ▼ -0.11%
2025 Dovre Group Plc
HE:DOV1V 		0.38x €27.38 Million
≈ $32.01 Million 		€71.17 Million Finland €0.07 ▲ +0.00%
2026 Anhui Provincial Architectural Design and Research Institute Co.Ltd.
SHE:301167 		0.38x CN¥137.08 Million
≈ $20.06 Million 		CN¥356.40 Million China CN¥14.67 ▲ +2.80%
2027 Metro Mining Ltd
AU:MMI 		0.38x AU$67.10 Million
≈ $47.48 Million 		AU$174.50 Million Australia AU$1.47 ▲ +0.34%
2028 Afine Investments Ltd
JSE:ANI 		0.38x ZAC42.47 Million
≈ $22.57K 		ZAC110.51 Million South Africa ZAC5.00 ▲ +0.00%
2029 Tong Yang Industry Co Ltd
TW:1319 		0.38x NT$3.30 Billion
≈ $103.87 Million 		NT$8.58 Billion Taiwan NT$82.60 ▲ +0.00%
2030 Zhejiang Jiuzhou Pharm Co Ltd
SHG:603456 		0.38x CN¥644.03 Million
≈ $94.24 Million 		CN¥1.68 Billion China CN¥16.49 ▲ +4.96%
2031 Carlsberg Brewery Malaysia Bhd
KLSE:2836 		0.38x RM280.29 Million
≈ $70.37 Million 		RM729.80 Million Malaysia RM14.66 ▲ +0.27%
2032 Laxmi Organic Industries Limited
NSE:LXCHEM 		0.38x Rs4.86 Billion
≈ $52.60 Million 		Rs12.67 Billion India Rs170.50 ▼ -1.55%
2033 Wuhan Guide Infrared Co Ltd
SHE:002414 		0.38x CN¥1.50 Billion
≈ $218.80 Million 		CN¥3.90 Billion China CN¥13.21 ▼ -1.49%
2034 Kip Mcgrath Education Centres Ltd
AU:KME 		0.38x AU$3.82 Million
≈ $2.70 Million 		AU$9.95 Million Australia AU$0.73 ▲ +1.39%
2035 Aran Research and Development 1982 Ltd
TA:ARAN 		0.38x ILA41.44 Million
≈ $111.10K 		ILA108.10 Million Israel ILA3875.00 ▼ -7.52%
2036 Johnson Service Group Plc
LSE:JSG 		0.38x GBX112.60 Million
≈ $13.70K 		GBX293.80 Million UK GBX145.60 ▲ +0.62%
2037 Jentech Precision Industrial Co Ltd
TW:3653 		0.38x NT$1.88 Billion
≈ $59.19 Million 		NT$4.90 Billion Taiwan NT$5205.00 ▲ +0.97%
2038 Mandalay Resources Corp
TO:MND 		0.38x CA$44.38 Million
≈ $32.11 Million 		CA$115.94 Million Canada CA$5.40 ▲ +0.00%
2039 IMAGIS Co. Ltd
KQ:115610 		0.38x ₩1.69 Billion
≈ $1.15 Million 		₩4.42 Billion Korea ₩1428.00 ▲ +2.00%
2040 Dewhurst plc
LSE:DWHA 		0.38x GBX4.14 Million
≈ $503.35 		GBX10.81 Million UK GBX600.00 ▲ +0.00%
2041 Dewhurst
LSE:DWHT 		0.38x GBX4.14 Million
≈ $503.35 		GBX10.81 Million UK GBX850.00 ▼ -5.56%
2042 James Latham PLC
LSE:LTHM 		0.38x GBX21.02 Million
≈ $2.56K 		GBX54.97 Million UK GBX1075.00 ▲ +0.00%
2043 Turism Hotelur
RO:EFO 		0.38x RON14.04 Million
≈ $3.22 Million 		RON36.76 Million Romania RON0.88 ▼ -1.69%
2044 Alkyl Amines Chemicals Limited
NSE:ALKYLAMINE 		0.38x Rs1.38 Billion
≈ $14.96 Million 		Rs3.62 Billion India Rs2061.50 ▼ -1.07%
2045 Soc Franc Casinos
PA:SFCA 		0.38x €3.52 Million
≈ $4.12 Million 		€9.21 Million France €2.40 ▲ +1.69%
2046 KCP Sugar and Industries Corporation Limited
NSE:KCPSUGIND 		0.38x Rs449.94 Million
≈ $4.87 Million 		Rs1.18 Billion India Rs33.68 ▼ -1.84%
2047 Karooooo Ltd
NASDAQ:KARO 		0.38x $1.01 Billion $2.66 Billion USA $63.93 ▼ -0.54%
2048 Biosyent Inc.
V:RX 		0.38x CA$3.01 Million
≈ $2.18 Million 		CA$7.88 Million Canada CA$15.70 ▲ +1.29%
2049 Elektrocieplownia Bedzin
WAR:BDZ 		0.38x zł3.81 Million
≈ $1.05 Million 		zł9.97 Million Poland zł39.30 ▲ +0.00%
2050 Nureca Limited
NSE:NURECA 		0.38x Rs98.94 Million
≈ $1.07 Million 		Rs259.46 Million India Rs296.65 ▼ -1.25%
2051 CHINA HEALTH GRP HD-10
F:VNL1 		0.38x €12.04 Million
≈ $14.08 Million 		€31.60 Million Germany €0.00 ▼ -50.00%
2052 Talkspace Inc
NASDAQ:TALK 		0.38x $7.60 Million $19.95 Million USA $15.70 ▼ -3.09%
2053 Hironic Co. Ltd
KQ:149980 		0.38x ₩3.88 Billion
≈ $2.63 Million 		₩10.18 Billion Korea ₩5000.00 ▲ +1.01%
2054 Wuxi Best Precision Machinery Co Ltd
SHE:300580 		0.38x CN¥214.23 Million
≈ $31.35 Million 		CN¥562.67 Million China CN¥20.01 ▲ +0.55%
2055 Triad Group PLC
LSE:TRD 		0.38x GBX1.17 Million
≈ $141.87 		GBX3.06 Million UK GBX410.00 ▲ +0.00%
2056 Joyce Corporation Ltd
AU:JYC 		0.38x AU$21.89 Million
≈ $15.49 Million 		AU$57.55 Million Australia AU$6.25 ▼ -2.04%
2057 Encres Dubuit SA
PA:ALDUB 		0.38x €1.68 Million
≈ $1.97 Million 		€4.43 Million France €2.00 ▲ +0.00%
2058 Sandisk Corp
NASDAQ:SNDK 		0.38x $1.06 Billion $2.79 Billion USA $1480.77 ▼ -0.83%
2059 Ningbo Tianyi Medical Appliance Co. Ltd.
SHE:301097 		0.38x CN¥400.69 Million
≈ $58.63 Million 		CN¥1.06 Billion China CN¥33.73 ▲ +1.60%
2060 Lululemon Athletica Inc
F:33L 		0.38x €1.33 Billion
≈ $1.55 Billion 		€3.49 Billion Germany €101.20 ▼ -2.13%
2061 Destiny Media Technologies Inc
V:DSY 		0.38x CA$281.17K
≈ $203.39K 		CA$741.04K Canada CA$0.95 ▲ +90.00%
2062 Murray International Trust
LSE:MYI 		0.38x GBX42.64 Million
≈ $5.19K 		GBX112.39 Million UK GBX374.00 ▲ +0.81%
2063 Cisarua Mountain Dairy Tbk PT
JK:CMRY 		0.38x Rp810.47 Billion
≈ $47.49 Million 		Rp2.14 Trillion Indonesia Rp4630.00 ▼ -1.49%
2064 Kayseri Seker Fabrikasi AS
IS:KAYSE 		0.38x TL4.99 Billion
≈ $111.82 Million 		TL13.18 Billion Turkey TL4.09 ▼ -3.54%
2065 TINC Comm VA
BR:TINC 		0.38x €13.53 Million
≈ $15.82 Million 		€35.74 Million Belgium €11.22 ▲ +0.90%
2066 LOREAL ADR 1/5/EO 02
F:LORA 		0.38x €10.15 Billion
≈ $11.87 Billion 		€26.82 Billion Germany €72.00 ▲ +8.27%
2067 RHOEN-KLINIK.UNSP.ADR 1/2
F:RHKU 		0.38x €198.00 Million
≈ $231.48 Million 		€523.09 Million Germany €5.80 ▲ +3.57%
2068 SY HOLDINGS GROUP HD-01
F:9U0 		0.38x €2.72 Billion
≈ $3.18 Billion 		€7.18 Billion Germany €0.73 ▲ +1.40%
2069 OFS Credit Company Inc
NASDAQ:OCCI 		0.38x $34.53 Million $91.34 Million USA $2.61 ▲ +0.00%
2070 Cricut Inc
NASDAQ:CRCT 		0.38x $89.67 Million $237.25 Million USA $5.87 ▲ +3.89%
2071 Shandong Laiwu Jinlei Wind Power Technology Co Ltd
SHE:300443 		0.38x CN¥246.69 Million
≈ $36.10 Million 		CN¥652.73 Million China CN¥18.65 ▼ -3.67%
2072 Suwen Tekstil Sanayi Pazarlama AS
IS:SUWEN 		0.38x TL691.76 Million
≈ $15.49 Million 		TL1.83 Billion Turkey TL6.46 ▼ -0.31%
2073 Axcen Photonics
TWO:6530 		0.38x NT$33.53 Million
≈ $1.06 Million 		NT$88.84 Million Taiwan NT$84.60 ▲ +5.22%
2074 Shenzhen hongfuhan Technology Co. Ltd.
SHE:301086 		0.38x CN¥984.16 Million
≈ $144.01 Million 		CN¥2.61 Billion China CN¥128.61 ▲ +10.04%
2075 JHT Design Co. Ltd. Cl A
SHG:603061 		0.38x CN¥244.51 Million
≈ $35.78 Million 		CN¥648.97 Million China CN¥339.57 ▼ -2.23%
2076 ZIJIN MIN.H UNSP.ADR/20
F:FJZB 		0.38x €106.41 Billion
≈ $124.41 Billion 		€282.50 Billion Germany €78.00 ▲ +4.70%
2077 Amara Raja Batteries Limited
NSE:ARE&M 		0.38x Rs11.71 Billion
≈ $126.63 Million 		Rs31.10 Billion India Rs920.85 ▼ -0.21%
2078 Master Tec Group Berhad
KLSE:0295 		0.38x RM35.41 Million
≈ $8.89 Million 		RM94.06 Million Malaysia RM0.98 ▲ +1.03%
2079 ISU Abxis Co. Ltd
KQ:086890 		0.38x ₩17.04 Billion
≈ $11.55 Million 		₩45.29 Billion Korea ₩3395.00 ▲ +0.59%
2080 Zhongjing Food Co. Ltd.
SHE:300908 		0.38x CN¥96.87 Million
≈ $14.18 Million 		CN¥257.46 Million China CN¥24.98 ▼ -0.04%
2081 Bjorn Borg AB
ST:BORG 		0.38x Skr134.76 Million
≈ $14.50 Million 		Skr358.21 Million Sweden Skr60.50 ▲ +0.67%
2082 Hangzhou Jingye Intelligent Technology Co. Ltd. A
SHG:688290 		0.38x CN¥185.70 Million
≈ $27.17 Million 		CN¥493.75 Million China CN¥65.60 ▼ -1.03%
2083 Smart Parking Ltd
AU:SPZ 		0.38x AU$15.85 Million
≈ $11.22 Million 		AU$42.15 Million Australia AU$0.83 ▲ +3.12%
2084 Shandong Denghai Seeds Co Ltd
SHE:002041 		0.38x CN¥287.80 Million
≈ $42.11 Million 		CN¥765.49 Million China CN¥11.21 ▲ +10.01%
2085 Greggs PLC
LSE:GRG 		0.38x GBX290.60 Million
≈ $35.36K 		GBX773.20 Million UK GBX1882.00 ▲ +0.32%
2086 TIME Dotcom Bhd
KLSE:5031 		0.38x RM424.85 Million
≈ $106.67 Million 		RM1.13 Billion Malaysia RM6.00 ▼ -0.17%
2087 Putnam Municipal Opportunities Trust
NYSE:PMO 		0.38x $9.46 Million $25.18 Million USA $10.27 ▲ +0.20%
2088 MM Forgings Limited
NSE:MMFL 		0.38x Rs5.84 Billion
≈ $63.20 Million 		Rs15.56 Billion India Rs629.95 ▼ -0.92%
2089 Fevertree Drinks Plc
LSE:FEVR 		0.38x GBX24.00 Million
≈ $2.92K 		GBX63.90 Million UK GBX848.50 ▼ -0.93%
2090 Shanghai Broadband Technology Co Ltd
SHG:600608 		0.38x CN¥23.21 Million
≈ $3.40 Million 		CN¥61.81 Million China CN¥0.17 ▲ +6.25%
2091 Shenzhen Fortune Trend Technology Co Ltd
SHG:688318 		0.38x CN¥64.52 Million
≈ $9.44 Million 		CN¥171.89 Million China CN¥73.98 ▲ +0.52%
2092 Tradeweb Markets Inc
NASDAQ:TW 		0.38x $375.36 Million $1.00 Billion USA $107.71 ▼ -0.62%
2093 Jiangsu Boiln Plastics Co. Ltd.
SHE:301003 		0.38x CN¥35.53 Million
≈ $5.20 Million 		CN¥94.72 Million China CN¥57.70 ▲ +0.35%
2094 Lynas Rare EARTHS Ltd
AU:LYC 		0.37x AU$221.81 Million
≈ $156.94 Million 		AU$591.51 Million Australia AU$16.59 ▲ +1.10%
2095 Brand 24 SA
WAR:B24 		0.37x zł5.63 Million
≈ $1.55 Million 		zł15.03 Million Poland zł59.40 ▲ +0.00%
2096 EverQuote Inc Class A
NASDAQ:EVER 		0.37x $31.13 Million $83.11 Million USA $26.85 ▲ +0.86%
2097 Mineral & Financial Investments Ltd
LSE:MAFL 		0.37x GBX194.00K
≈ $23.60 		GBX518.00K UK GBX45.00 ▼ -2.17%
2098 Accelya Solutions India Limited
NSE:ACCELYA 		0.37x Rs743.95 Million
≈ $8.05 Million 		Rs1.99 Billion India Rs1134.80 ▼ -0.20%
2099 Alkim Alkali Kimya AS
IS:ALKIM 		0.37x TL525.86 Million
≈ $11.78 Million 		TL1.41 Billion Turkey TL15.67 ▼ -0.95%
2100 Diffusion Engineers Ltd
NSE:DIFFNKG 		0.37x Rs297.38 Million
≈ $3.22 Million 		Rs795.52 Million India Rs392.05 ▼ -2.39%