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
2001	Mandalay Resources Corp TO:MND	0.38x	CA$44.38 Million ≈ $32.11 Million	CA$115.94 Million	Canada	CA$5.40	▲ +0.00%
2002	Dewhurst LSE:DWHT	0.38x	GBX4.14 Million ≈ $503.35	GBX10.81 Million	UK	GBX850.00	▲ +0.00%
2003	Dewhurst plc LSE:DWHA	0.38x	GBX4.14 Million ≈ $503.35	GBX10.81 Million	UK	GBX600.00	▲ +0.00%
2004	James Latham PLC LSE:LTHM	0.38x	GBX21.02 Million ≈ $2.56K	GBX54.97 Million	UK	GBX1065.00	▲ +0.47%
2005	Turism Hotelur RO:EFO	0.38x	RON14.04 Million ≈ $3.22 Million	RON36.76 Million	Romania	RON0.95	▲ +2.16%
2006	Alkyl Amines Chemicals Limited NSE:ALKYLAMINE	0.38x	Rs1.38 Billion ≈ $14.96 Million	Rs3.62 Billion	India	Rs1788.50	▼ -3.05%
2007	Karooooo Ltd NASDAQ:KARO	0.38x	$1.01 Billion	$2.66 Billion	USA	$62.10	▲ +2.85%
2008	Biosyent Inc. V:RX	0.38x	CA$3.01 Million ≈ $2.18 Million	CA$7.88 Million	Canada	CA$16.79	▲ +0.36%
2009	Elektrocieplownia Bedzin WAR:BDZ	0.38x	zł3.81 Million ≈ $1.05 Million	zł9.97 Million	Poland	zł39.30	▲ +0.00%
2010	Nureca Limited NSE:NURECA	0.38x	Rs98.94 Million ≈ $1.07 Million	Rs259.46 Million	India	Rs313.25	▼ -2.37%
2011	CHINA HEALTH GRP HD-10 F:VNL1	0.38x	€12.04 Million ≈ $14.08 Million	€31.60 Million	Germany	€0.00	▲ +0.00%
2012	Talkspace Inc NASDAQ:TALK	0.38x	$7.60 Million	$19.95 Million	USA	$13.55	▼ -1.45%
2013	Hironic Co. Ltd KQ:149980	0.38x	₩3.88 Billion ≈ $2.63 Million	₩10.18 Billion	Korea	₩4215.00	▲ +1.81%
2014	Wuxi Best Precision Machinery Co Ltd SHE:300580	0.38x	CN¥214.23 Million ≈ $31.35 Million	CN¥562.67 Million	China	CN¥16.38	▲ +2.50%
2015	Montage Technology Co Ltd SHG:688008	0.38x	CN¥662.49 Million ≈ $96.94 Million	CN¥1.74 Billion	China	CN¥165.25	▼ -2.33%
2016	Sai Gon Ground Services JSC VN:SGN	0.38x	₫185.60 Billion ≈ $7.05 Million	₫487.59 Billion	Vietnam	₫51700.00	▲ +0.98%
2017	Jiangsu Hengxing New Material SHG:603276	0.38x	CN¥44.73 Million ≈ $6.55 Million	CN¥117.52 Million	China	CN¥19.12	▲ +0.90%
2018	Triad Group PLC LSE:TRD	0.38x	GBX1.17 Million ≈ $141.87	GBX3.06 Million	UK	GBX390.00	▲ +0.00%
2019	Joyce Corporation Ltd AU:JYC	0.38x	AU$21.89 Million ≈ $15.49 Million	AU$57.55 Million	Australia	AU$6.11	▼ -0.16%
2020	Encres Dubuit SA PA:ALDUB	0.38x	€1.68 Million ≈ $1.97 Million	€4.43 Million	France	€1.88	▲ +1.08%
2021	Sandisk Corp NASDAQ:SNDK	0.38x	$1.06 Billion	$2.79 Billion	USA	$1371.12	▲ +5.53%
2022	Nanjing Quanxin Cable Technology Co Ltd SHE:300447	0.38x	CN¥166.16 Million ≈ $24.31 Million	CN¥437.87 Million	China	CN¥13.60	▲ +0.67%
2023	Lululemon Athletica Inc F:33L	0.38x	€1.33 Billion ≈ $1.55 Billion	€3.49 Billion	Germany	€86.40	▼ -1.82%
2024	Destiny Media Technologies Inc V:DSY	0.38x	CA$281.17K ≈ $203.39K	CA$741.04K	Canada	CA$0.88	▲ +0.00%
2025	Cisarua Mountain Dairy Tbk PT JK:CMRY	0.38x	Rp810.47 Billion ≈ $47.49 Million	Rp2.14 Trillion	Indonesia	Rp3960.00	▼ -6.82%
2026	Perak Corporation Bhd KLSE:8346	0.38x	RM135.67 Million ≈ $34.06 Million	RM357.94 Million	Malaysia	RM0.62	▼ -3.13%
2027	Kayseri Seker Fabrikasi AS IS:KAYSE	0.38x	TL4.99 Billion ≈ $111.82 Million	TL13.18 Billion	Turkey	TL2.61	▼ -4.74%
2028	TINC Comm VA BR:TINC	0.38x	€13.53 Million ≈ $15.82 Million	€35.74 Million	Belgium	€10.38	▼ -1.52%
2029	Handsome KO:020000	0.38x	₩99.59 Billion ≈ $67.49 Million	₩263.05 Billion	Korea	₩20850.00	▲ +0.24%
2030	LOREAL ADR 1/5/EO 02 F:LORA	0.38x	€10.15 Billion ≈ $11.87 Billion	€26.82 Billion	Germany	€72.00	▲ +8.27%
2031	RHOEN-KLINIK.UNSP.ADR 1/2 F:RHKU	0.38x	€198.00 Million ≈ $231.48 Million	€523.09 Million	Germany	€5.80	▲ +3.57%
2032	SY HOLDINGS GROUP HD-01 F:9U0	0.38x	€2.72 Billion ≈ $3.18 Billion	€7.18 Billion	Germany	€0.74	▼ -0.67%
2033	OFS Credit Company Inc NASDAQ:OCCI	0.38x	$34.53 Million	$91.34 Million	USA	$1.70	▼ -4.49%
2034	Cricut Inc NASDAQ:CRCT	0.38x	$89.67 Million	$237.25 Million	USA	$6.54	▲ +1.40%
2035	Suwen Tekstil Sanayi Pazarlama AS IS:SUWEN	0.38x	TL691.76 Million ≈ $15.49 Million	TL1.83 Billion	Turkey	TL4.55	▼ -5.41%
2036	DR.Wu Skincare Co Ltd TWO:6523	0.38x	NT$139.96 Million ≈ $4.41 Million	NT$370.50 Million	Taiwan	NT$85.00	▼ -1.73%
2037	Aryt Industries Ltd TA:ARYT	0.38x	ILA32.36 Million ≈ $86.77K	ILA85.69 Million	Israel	ILA1518.00	▲ +12.53%
2038	Hy-Lok Corporation KQ:013030	0.38x	₩14.21 Billion ≈ $9.63 Million	₩37.62 Billion	Korea	₩32000.00	▼ -0.47%
2039	Axcen Photonics TWO:6530	0.38x	NT$33.53 Million ≈ $1.06 Million	NT$88.84 Million	Taiwan	NT$91.80	▼ -1.61%
2040	Shenzhen hongfuhan Technology Co. Ltd. SHE:301086	0.38x	CN¥984.16 Million ≈ $144.01 Million	CN¥2.61 Billion	China	CN¥121.81	▼ -2.43%
2041	Shandong Denghai Seeds Co Ltd SHE:002041	0.38x	CN¥287.80 Million ≈ $42.11 Million	CN¥763.29 Million	China	CN¥8.95	▼ -2.72%
2042	Queclink Wireless Solutions Co Ltd SHE:300590	0.38x	CN¥116.07 Million ≈ $16.98 Million	CN¥308.01 Million	China	CN¥10.36	▼ -0.58%
2043	JHT Design Co. Ltd. Cl A SHG:603061	0.38x	CN¥244.51 Million ≈ $35.78 Million	CN¥648.97 Million	China	CN¥267.80	▲ +3.60%
2044	Master Tec Group Berhad KLSE:0295	0.38x	RM35.41 Million ≈ $8.89 Million	RM94.06 Million	Malaysia	RM0.98	▼ -0.51%
2045	ISU Abxis Co. Ltd KQ:086890	0.38x	₩17.04 Billion ≈ $11.55 Million	₩45.29 Billion	Korea	₩3870.00	▲ +0.52%
2046	Zhongjing Food Co. Ltd. SHE:300908	0.38x	CN¥96.87 Million ≈ $14.18 Million	CN¥257.46 Million	China	CN¥17.06	▼ -1.44%
2047	Bjorn Borg AB ST:BORG	0.38x	Skr134.76 Million ≈ $14.50 Million	Skr358.21 Million	Sweden	Skr53.90	▼ -0.55%
2048	Saeron Auto KO:075180	0.38x	₩12.26 Billion ≈ $8.31 Million	₩32.59 Billion	Korea	₩2855.00	▼ -0.17%
2049	Hangzhou Jingye Intelligent Technology Co. Ltd. A SHG:688290	0.38x	CN¥185.70 Million ≈ $27.17 Million	CN¥493.75 Million	China	CN¥52.62	▲ +3.22%
2050	Smart Parking Ltd AU:SPZ	0.38x	AU$15.85 Million ≈ $11.22 Million	AU$42.15 Million	Australia	AU$0.65	▼ -2.26%
2051	Greggs PLC LSE:GRG	0.38x	GBX290.60 Million ≈ $35.36K	GBX773.20 Million	UK	GBX2346.00	▲ +2.45%
2052	TIME Dotcom Bhd KLSE:5031	0.38x	RM424.85 Million ≈ $106.67 Million	RM1.13 Billion	Malaysia	RM5.28	▼ -0.19%
2053	Putnam Municipal Opportunities Trust NYSE:PMO	0.38x	$9.46 Million	$25.18 Million	USA	$9.75	▲ +0.21%
2054	MM Forgings Limited NSE:MMFL	0.38x	Rs5.84 Billion ≈ $63.20 Million	Rs15.56 Billion	India	Rs508.65	▼ -3.71%
2055	Fevertree Drinks Plc LSE:FEVR	0.38x	GBX24.00 Million ≈ $2.92K	GBX63.90 Million	UK	GBX932.00	▲ +0.87%
2056	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%
2057	Shenzhen Fortune Trend Technology Co Ltd SHG:688318	0.38x	CN¥64.52 Million ≈ $9.44 Million	CN¥171.89 Million	China	CN¥74.37	▼ -0.34%
2058	Tradeweb Markets Inc NASDAQ:TW	0.38x	$375.36 Million	$1.00 Billion	USA	$114.70	▲ +1.07%
2059	Jiangsu Boiln Plastics Co. Ltd. SHE:301003	0.38x	CN¥35.53 Million ≈ $5.20 Million	CN¥94.72 Million	China	CN¥54.21	▲ +0.04%
2060	Lynas Rare EARTHS Ltd AU:LYC	0.37x	AU$221.81 Million ≈ $156.94 Million	AU$591.51 Million	Australia	AU$11.35	▲ +2.53%
2061	Brand 24 SA WAR:B24	0.37x	zł5.63 Million ≈ $1.55 Million	zł15.03 Million	Poland	zł59.40	▲ +0.00%
2062	EverQuote Inc Class A NASDAQ:EVER	0.37x	$31.13 Million	$83.11 Million	USA	$22.20	▲ +1.88%
2063	Mineral & Financial Investments Ltd LSE:MAFL	0.37x	GBX194.00K ≈ $23.60	GBX518.00K	UK	GBX42.50	▲ +0.00%
2064	Accelya Solutions India Limited NSE:ACCELYA	0.37x	Rs743.95 Million ≈ $8.05 Million	Rs1.99 Billion	India	Rs1089.80	▲ +0.78%
2065	Alkim Alkali Kimya AS IS:ALKIM	0.37x	TL525.86 Million ≈ $11.78 Million	TL1.41 Billion	Turkey	TL10.32	▼ -4.44%
2066	Zhang Xiaoquan Inc. SHE:301055	0.37x	CN¥148.26 Million ≈ $21.70 Million	CN¥396.64 Million	China	CN¥27.26	▲ +0.00%
2067	BEYOND FRAMES ENTMT AB F:8WP	0.37x	€13.39 Million ≈ $15.65 Million	€35.87 Million	Germany	€0.21	▲ +2.99%
2068	Indian Metals & Ferro Alloys Limited NSE:IMFA	0.37x	Rs5.94 Billion ≈ $64.19 Million	Rs15.90 Billion	India	Rs1131.80	▼ -4.07%
2069	Hunan Airbluer Environmental Protection Technology Co. Ltd. SHE:301259	0.37x	CN¥228.14 Million ≈ $33.38 Million	CN¥611.23 Million	China	CN¥16.14	▼ -0.92%
2070	Sabina Public Company Limited BK:SABINA	0.37x	฿207.96 Million ≈ $6.48 Million	฿557.48 Million	Thailand	฿15.40	▲ +0.00%
2071	FNC ADD CULTURE. Co. Ltd KQ:063440	0.37x	₩2.09 Billion ≈ $1.42 Million	₩5.61 Billion	Korea	₩1140.00	▲ +3.45%
2072	Niutech Environment Technology Corp SHG:688309	0.37x	CN¥70.55 Million ≈ $10.32 Million	CN¥189.23 Million	China	CN¥63.42	▼ -4.95%
2073	ALTEO ENERG.NYIL M.UF125 F:54O	0.37x	€41.16 Billion ≈ $48.12 Billion	€110.43 Billion	Germany	€9.92	▼ -1.78%
2074	Korea New Network Co. Ltd KQ:058400	0.37x	₩5.17 Billion ≈ $3.51 Million	₩13.88 Billion	Korea	₩5880.00	▲ +4.63%
2075	XINYI SOLAR UNSP.ADR/20 F:13X0	0.37x	€8.19 Billion ≈ $9.57 Billion	€21.98 Billion	Germany	€6.40	▼ -5.19%
2076	Platinum Asia Investments Ltd AU:PAI	0.37x	AU$4.50 Million ≈ $3.19 Million	AU$12.09 Million	Australia	AU$0.97	▲ +0.00%
2077	Joosung Corperation KO:109070	0.37x	₩4.58 Billion ≈ $3.11 Million	₩12.30 Billion	Korea	₩6390.00	▲ +3.73%
2078	SOC.BIC UNS.ADR1/2/EO382 F:BIF0	0.37x	€395.45 Million ≈ $462.33 Million	€1.06 Billion	Germany	€27.80	▼ -1.42%
2079	Eaton Vance Municipal Income Term Closed Fund NYSE:ETX	0.37x	$3.10 Million	$8.33 Million	USA	$17.25	▼ -0.52%
2080	Geopacific Resources Ltd AU:GPR	0.37x	AU$2.24 Million ≈ $1.59 Million	AU$6.03 Million	Australia	AU$0.03	▲ +3.70%
2081	Trigano S.A. PA:TRI	0.37x	€444.20 Million ≈ $519.32 Million	€1.19 Billion	France	€128.40	▼ -0.39%
2082	Equinor ASA OL:EQNR	0.37x	Nkr33.97 Billion ≈ $3.57 Billion	Nkr91.30 Billion	Norway	Nkr435.00	▲ +0.55%
2083	Sol Gel Technologies Ltd NASDAQ:SLGL	0.37x	$2.10 Million	$5.66 Million	USA	$64.98	▲ +1.14%
2084	ISA Holdings Ltd JSE:ISA	0.37x	ZAC14.40 Million ≈ $7.65K	ZAC38.72 Million	South Africa	ZAC246.00	▼ -0.81%
2085	Australian Agricultural Projects Ltd AU:AAP	0.37x	AU$2.80 Million ≈ $1.98 Million	AU$7.55 Million	Australia	AU$0.06	▼ -9.68%
2086	Hind Rectifiers Limited NSE:HIRECT	0.37x	Rs1.17 Billion ≈ $12.62 Million	Rs3.14 Billion	India	Rs1098.70	▼ -1.57%
2087	Anhui Provincial Architectural Design and Research Institute Co.Ltd. SHE:301167	0.37x	CN¥137.08 Million ≈ $20.06 Million	CN¥369.32 Million	China	CN¥12.60	▼ -3.30%
2088	TruCap Finance Limited NSE:TRU	0.37x	Rs1.27 Billion ≈ $13.71 Million	Rs3.42 Billion	India	Rs4.25	▼ -0.70%
2089	Fujian Expressway Development Co Ltd SHG:600033	0.37x	CN¥914.53 Million ≈ $133.82 Million	CN¥2.47 Billion	China	CN¥3.73	▼ -1.58%
2090	Biofarm Bucure RO:BIO	0.37x	RON31.84 Million ≈ $7.31 Million	RON85.86 Million	Romania	RON1.37	▲ +0.74%
2091	Shopify Inc TO:SHOP	0.37x	CA$662.00 Million ≈ $478.88 Million	CA$1.79 Billion	Canada	CA$241.49	▲ +0.74%
2092	Interroll Holding AG SW:INRN	0.37x	CHF40.12 Million ≈ $50.73 Million	CHF108.31 Million	Switzerland	CHF1424.00	▼ -0.56%
2093	Sakar Healthcare Limited NSE:SAKAR	0.37x	Rs579.87 Million ≈ $6.27 Million	Rs1.57 Billion	India	Rs923.20	▼ -4.00%
2094	Bergbahnen Engelberg Truebsee Titlis Bet AG SW:TIBN	0.37x	CHF44.51 Million ≈ $56.27 Million	CHF120.20 Million	Switzerland	CHF48.60	▼ -1.82%
2095	Provident Agro Tbk JK:PALM	0.37x	Rp1.74 Trillion ≈ $102.05 Million	Rp4.70 Trillion	Indonesia	Rp224.00	▼ -5.88%
2096	East Asia Holdings Investment Limited KQ:900110	0.37x	₩6.99 Billion ≈ $4.74 Million	₩18.88 Billion	Korea	₩5910.00	▼ -0.17%
2097	Golden Matrix Group Inc NASDAQ:GMGI	0.37x	$22.74 Million	$61.44 Million	USA	$12.85	▲ +16.82%
2098	ENEFIT GREEN AS F:I6B	0.37x	€127.77 Million ≈ $149.37 Million	€345.77 Million	Germany	€3.19	▲ +0.00%
2099	Soechi Lines Tbk JK:SOCI	0.37x	Rp83.11 Million ≈ $4.87K	Rp224.96 Million	Indonesia	Rp436.00	▲ +0.46%
2100	Shenzhen Kiwi Instruments Co. Ltd. A SHG:688045	0.37x	CN¥150.50 Million ≈ $22.02 Million	CN¥407.40 Million	China	CN¥46.55	▼ -1.94%

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.