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
2201	Jetwell Computer Co Ltd TWO:3147	0.35x	NT$660.27 Million ≈ $20.80 Million	NT$1.86 Billion	Taiwan	NT$293.50	▲ +0.86%
2202	PPC Ltd JSE:PPC	0.35x	ZAC1.43 Billion ≈ $757.85K	ZAC4.03 Billion	South Africa	ZAC757.00	▼ -0.39%
2203	Coheris SA PA:COH	0.35x	€6.03 Million ≈ $7.04 Million	€17.04 Million	France	€7.96	▼ -6.79%
2204	Hangzhou Sunrise Technology Co Ltd SHE:300360	0.35x	CN¥254.22 Million ≈ $37.20 Million	CN¥719.08 Million	China	CN¥11.03	▲ +2.51%
2205	Prudent Corporate Advisory Services Limited NSE:PRUDENT	0.35x	Rs1.21 Billion ≈ $13.06 Million	Rs3.42 Billion	India	Rs3056.40	▲ +0.14%
2206	Espressif Systems Shanghai Co Ltd SHG:688018	0.35x	CN¥224.41 Million ≈ $32.84 Million	CN¥635.23 Million	China	CN¥120.42	▲ +1.68%
2207	Krafton Inc KO:259960	0.35x	₩410.32 Billion ≈ $278.07 Million	₩1.16 Trillion	Korea	₩201000.00	▲ +3.55%
2208	Investment AB Oresund ST:ORES	0.35x	Skr83.10 Million ≈ $8.94 Million	Skr235.30 Million	Sweden	Skr144.60	▼ -0.82%
2209	Global Tax Free Co. Ltd KQ:204620	0.35x	₩18.96 Billion ≈ $12.85 Million	₩53.72 Billion	Korea	₩5770.00	▼ -2.70%
2210	Evergreen International Storage & Transport Corp TW:2607	0.35x	NT$4.46 Billion ≈ $140.37 Million	NT$12.63 Billion	Taiwan	NT$57.00	▼ -2.56%
2211	Touchstar plc LSE:TST	0.35x	GBX1.30 Million ≈ $158.54	GBX3.70 Million	UK	GBX70.00	▲ +0.00%
2212	Clean Seas Seafood Ltd AU:CSS	0.35x	AU$7.09 Million ≈ $5.02 Million	AU$20.12 Million	Australia	AU$0.14	▲ +0.00%
2213	Arcticzymes Technologies ASA OL:AZT	0.35x	Nkr11.36 Million ≈ $1.19 Million	Nkr32.25 Million	Norway	Nkr18.90	▼ -3.32%
2214	Gujarat State Petronet Limited NSE:GSPL	0.35x	Rs21.04 Billion ≈ $227.54 Million	Rs59.77 Billion	India	Rs268.35	▼ -7.13%
2215	MI Technovation Bhd KLSE:5286	0.35x	RM68.60 Million ≈ $17.22 Million	RM195.10 Million	Malaysia	RM6.55	▲ +0.77%
2216	Bikaji Foods International Limited NSE:BIKAJI	0.35x	Rs1.87 Billion ≈ $20.23 Million	Rs5.32 Billion	India	Rs466.40	▼ -1.63%
2217	Real Brokerage Inc NASDAQ:REAX	0.35x	$47.37 Million	$134.80 Million	USA	$15.41	▼ -3.20%
2218	Malaysian Genomics Resource KLSE:0155	0.35x	RM1.09 Million ≈ $272.66K	RM3.09 Million	Malaysia	RM0.34	▲ +0.00%
2219	Apcotex Industries Limited NSE:APCOTEXIND	0.35x	Rs1.28 Billion ≈ $13.89 Million	Rs3.65 Billion	India	Rs566.80	▼ -5.13%
2220	Ningbo Sinyuan ZM Technology Co. Ltd. A SHE:301398	0.35x	CN¥302.99 Million ≈ $44.34 Million	CN¥862.44 Million	China	CN¥41.08	▲ +9.37%
2221	Hebei Jianxin Chemical Co Ltd SHE:300107	0.35x	CN¥56.84 Million ≈ $8.32 Million	CN¥161.98 Million	China	CN¥8.23	▼ -3.86%
2222	Klaviyo, Inc. NYSE:KVYO	0.35x	$146.38 Million	$417.14 Million	USA	$17.52	▲ +2.58%
2223	CONDOR ENERGIES INC. F:WQ6	0.35x	€26.88 Million ≈ $31.42 Million	€76.61 Million	Germany	€2.64	▲ +1.93%
2224	Hero MotoCorp Limited NSE:HEROMOTOCO	0.35x	Rs40.82 Billion ≈ $441.46 Million	Rs116.42 Billion	India	Rs5230.00	▲ +0.10%
2225	Hangzhou Greenda Electronic Materials Co Ltd SHG:603931	0.35x	CN¥62.82 Million ≈ $9.19 Million	CN¥179.16 Million	China	CN¥27.76	▼ -2.29%
2226	Tirupati Forge Limited NSE:TIRUPATIFL	0.35x	Rs165.65 Million ≈ $1.79 Million	Rs472.53 Million	India	Rs68.71	▼ -2.00%
2227	ALTERRA PWR F:9ME	0.35x	€1.20 Billion ≈ $1.41 Billion	€3.43 Billion	Germany	€0.40	▼ -1.94%
2228	Mene Inc V:MENE	0.35x	CA$844.37K ≈ $610.81K	CA$2.41 Million	Canada	CA$0.17	▲ +0.00%
2229	Bains Mer Monaco PA:BAIN	0.35x	€208.94 Million ≈ $244.27 Million	€596.51 Million	France	€142.00	▼ -4.05%
2230	KINGFISHER ADR/2 LS-1571 F:KFI2	0.35x	€1.83 Billion ≈ $2.14 Billion	€5.24 Billion	Germany	€6.80	▼ -1.45%
2231	Okeanis Eco Tankers Corp. NYSE:ECO	0.35x	$270.10 Million	$771.74 Million	USA	$88.98	▼ -0.80%
2232	Axis Corporation TWO:6292	0.35x	NT$192.52 Million ≈ $6.07 Million	NT$551.14 Million	Taiwan	NT$65.50	▼ -1.95%
2233	InBody Co.Ltd KQ:041830	0.35x	₩12.68 Billion ≈ $8.59 Million	₩36.31 Billion	Korea	₩51400.00	▼ -1.72%
2234	TRX Gold Corporation TO:TNX	0.35x	CA$8.91 Million ≈ $6.45 Million	CA$25.53 Million	Canada	CA$40.75	▼ -0.10%
2235	Vianet Group Plc LSE:VNET	0.35x	GBX2.41 Million ≈ $293.59	GBX6.91 Million	UK	GBX67.50	▼ -0.74%
2236	Gala Precision Engineering NSE:GALAPREC	0.35x	Rs286.00 Million ≈ $3.09 Million	Rs819.80 Million	India	Rs1068.40	▼ -0.45%
2237	Troubadour Resources Inc V:TR	0.35x	CA$155.05K ≈ $112.16K	CA$444.50K	Canada	CA$0.10	▲ +0.00%
2238	Amara Raja Batteries Limited NSE:ARE&M	0.35x	Rs11.71 Billion ≈ $126.63 Million	Rs33.58 Billion	India	Rs732.90	▼ -1.36%
2239	Wuhan Sante Cableway Group Co Ltd SHE:002159	0.35x	CN¥122.04 Million ≈ $17.86 Million	CN¥350.07 Million	China	CN¥13.05	▼ -0.61%
2240	Punjab Chemicals & Crop Protection Limited NSE:PUNJABCHEM	0.35x	Rs1.02 Billion ≈ $11.03 Million	Rs2.93 Billion	India	Rs989.80	▼ -0.95%
2241	Aristocrat Leisure Ltd AU:ALL	0.35x	AU$1.34 Billion ≈ $945.73 Million	AU$3.84 Billion	Australia	AU$62.76	▼ -0.41%
2242	Hangzhou Honghua Digital Technology Stock Company LTD SHG:688789	0.35x	CN¥378.72 Million ≈ $55.42 Million	CN¥1.09 Billion	China	CN¥48.27	▲ +1.60%
2243	Beijing InHand Networks Technology Co Ltd SHG:688080	0.35x	CN¥80.76 Million ≈ $11.82 Million	CN¥231.99 Million	China	CN¥34.19	▼ -0.12%
2244	Foresight Group Holdings Limited LSE:FSG	0.35x	GBX27.52 Million ≈ $3.35K	GBX79.08 Million	UK	GBX446.00	▲ +0.00%
2245	FIELMANN AG (ADR/1/5)O.N. F:FIE1	0.35x	€492.78 Million ≈ $576.11 Million	€1.42 Billion	Germany	€8.95	▼ -1.10%
2246	Pengxin International Mining Co Ltd SHG:600490	0.35x	CN¥580.33 Million ≈ $84.92 Million	CN¥1.67 Billion	China	CN¥6.10	▼ -0.33%
2247	Baytex Energy Corp TO:BTE	0.35x	CA$353.67 Million ≈ $255.84 Million	CA$1.02 Billion	Canada	CA$7.63	▲ +1.87%
2248	Hanson International Tbk JK:MYRX	0.35x	Rp1.53 Trillion ≈ $89.71 Million	Rp4.40 Trillion	Indonesia	Rp50.00	▲ +0.00%
2249	Austco Healthcare Ltd AU:AHC	0.35x	AU$13.68 Million ≈ $9.68 Million	AU$39.34 Million	Australia	AU$0.26	▲ +2.00%
2250	Electromed Inc NYSE MKT:ELMD	0.35x	$3.29 Million	$9.47 Million	USA	$38.22	▼ -0.93%
2251	Aeorema Communications Plc LSE:AEO	0.35x	GBX2.82 Million ≈ $343.09	GBX8.11 Million	UK	GBX85.00	▲ +0.00%
2252	Thai Capital Corporation Public Company Limited BK:TCC	0.35x	฿121.98 Million ≈ $3.80 Million	฿351.12 Million	Thailand	฿0.26	▼ -7.14%
2253	Oeneo SA PA:SBT	0.35x	€62.66 Million ≈ $73.25 Million	€180.36 Million	France	€8.82	▼ -2.22%
2254	Giant Network Group Co Ltd SHE:002558	0.35x	CN¥1.21 Billion ≈ $176.65 Million	CN¥3.48 Billion	China	CN¥21.27	▲ +1.53%
2255	Jindal Drilling And Industries Limited NSE:JINDRILL	0.35x	Rs2.56 Billion ≈ $27.67 Million	Rs7.37 Billion	India	Rs554.00	▼ -2.81%
2256	Bell AG SW:BELL	0.35x	CHF546.50 Million ≈ $690.92 Million	CHF1.57 Billion	Switzerland	CHF244.50	▼ -0.41%
2257	Hunan Er Kang Pharmaceutical SHE:300267	0.35x	CN¥220.23 Million ≈ $32.23 Million	CN¥634.44 Million	China	CN¥3.03	▼ -1.30%
2258	Anhui Huangshan Capsule Co Ltd SHE:002817	0.35x	CN¥47.65 Million ≈ $6.97 Million	CN¥137.27 Million	China	CN¥6.33	▼ -1.71%
2259	Ennis Inc NYSE:EBF	0.35x	$17.15 Million	$49.46 Million	USA	$22.30	▼ -0.27%
2260	ALPHA KLSE:0303	0.35x	RM20.23 Million ≈ $5.08 Million	RM58.34 Million	Malaysia	RM0.27	▼ -1.82%
2261	GDB Holdings Bhd KLSE:0198	0.35x	RM73.56 Million ≈ $18.47 Million	RM212.23 Million	Malaysia	RM0.42	▲ +3.70%
2262	UCrest Bhd KLSE:0005	0.35x	RM1.66 Million ≈ $416.02K	RM4.78 Million	Malaysia	RM0.05	▼ -9.09%
2263	Pimco Dynamic Income Opportunities Fund NYSE:PDO	0.35x	$405.03 Million	$1.17 Billion	USA	$11.79	▲ +0.00%
2264	Zhejiang Wufangzhai Industry Co. Ltd. A SHG:603237	0.35x	CN¥348.92 Million ≈ $51.06 Million	CN¥1.01 Billion	China	CN¥14.97	▼ -2.28%
2265	Bell Equipment Limited JSE:BEL	0.35x	ZAC1.14 Billion ≈ $607.37K	ZAC3.30 Billion	South Africa	ZAC3899.00	▼ -0.03%
2266	Chengdu RML Technology Co. Ltd. SHE:301050	0.35x	CN¥254.60 Million ≈ $37.26 Million	CN¥735.44 Million	China	CN¥26.16	▲ +1.79%
2267	Avrasya Gayrimenkul Yatirim Ortakligi AS IS:AVGYO	0.35x	TL31.25 Million ≈ $699.88K	TL90.35 Million	Turkey	TL14.18	▲ +0.57%
2268	Niche Capital Emas Holdings KLSE:7139	0.35x	RM3.18 Million ≈ $797.89K	RM9.19 Million	Malaysia	RM0.08	▲ +0.00%
2269	ITC Limited NSE:ITC	0.35x	Rs72.25 Billion ≈ $781.32 Million	Rs209.19 Billion	India	Rs260.80	▼ -1.02%
2270	Thaitheparos Public Company Limited BK:SAUCE	0.35x	฿101.73 Million ≈ $3.17 Million	฿294.76 Million	Thailand	฿40.75	▼ -0.61%
2271	Knosys Ltd AU:KNO	0.35x	AU$3.07 Million ≈ $2.17 Million	AU$8.90 Million	Australia	AU$0.02	▲ +0.00%
2272	Carawine Resources Ltd AU:CWX	0.34x	AU$588.26K ≈ $416.23K	AU$1.71 Million	Australia	AU$0.11	▲ +0.00%
2273	Sublime China Information Co. Ltd. A SHE:301299	0.34x	CN¥133.08 Million ≈ $19.47 Million	CN¥385.76 Million	China	CN¥44.97	▼ -0.42%
2274	BOS Better Online Solutions NASDAQ:BOSC	0.34x	$5.50 Million	$15.94 Million	USA	$4.29	▲ +1.90%
2275	Real Heart ST:HEART	0.34x	Skr4.69 Million ≈ $504.41K	Skr13.59 Million	Sweden	Skr17.25	▲ +0.00%
2276	Ampire Co Ltd TWO:8049	0.34x	NT$115.92 Million ≈ $3.65 Million	NT$336.28 Million	Taiwan	NT$24.05	▼ -0.82%
2277	Tianjin Lisheng Pharmaceutical Co Ltd SHE:002393	0.34x	CN¥307.91 Million ≈ $45.06 Million	CN¥893.57 Million	China	CN¥13.64	▼ -0.44%
2278	SAI SILKS (KALAMANDIR) LIMITED NSE:KALAMANDIR	0.34x	Rs2.03 Billion ≈ $21.92 Million	Rs5.88 Billion	India	Rs72.54	▼ -1.68%
2279	Shilpa Medicare Limited NSE:SHILPAMED	0.34x	Rs3.64 Billion ≈ $39.35 Million	Rs10.57 Billion	India	Rs876.20	▼ -6.55%
2280	Ningbo Tianyi Medical Appliance Co. Ltd. SHE:301097	0.34x	CN¥400.69 Million ≈ $58.63 Million	CN¥1.16 Billion	China	CN¥30.59	▼ -0.20%
2281	WeRide Inc. American Depositary Shares NASDAQ:WRD	0.34x	$468.11 Million	$1.36 Billion	USA	$4.20	▲ +2.94%
2282	Azad Engineering Limited NSE:AZAD	0.34x	Rs2.31 Billion ≈ $24.97 Million	Rs6.71 Billion	India	Rs2685.30	▼ -2.03%
2283	Mineros SA TO:MSA	0.34x	CA$81.64 Million ≈ $59.06 Million	CA$237.40 Million	Canada	CA$9.36	▼ -3.01%
2284	i2S SA PA:ALI2S	0.34x	€2.29 Million ≈ $2.68 Million	€6.67 Million	France	€6.45	▲ +0.00%
2285	Inficon Holding SW:IFCN	0.34x	CHF80.33 Million ≈ $101.56 Million	CHF233.70 Million	Switzerland	CHF177.00	▲ +0.23%
2286	Integra Resources Corp V:ITR	0.34x	CA$50.85 Million ≈ $36.78 Million	CA$147.99 Million	Canada	CA$3.33	▼ -3.20%
2287	Dynamic Group Holdings Ltd AU:DDB	0.34x	AU$14.04 Million ≈ $9.93 Million	AU$40.85 Million	Australia	AU$0.28	▲ +0.00%
2288	Tsang Yow Industrial Co Ltd TW:1568	0.34x	NT$121.46 Million ≈ $3.83 Million	NT$353.63 Million	Taiwan	NT$29.10	▼ -2.35%
2289	BioArctic AB (publ) ST:BIOA-B	0.34x	Skr275.68 Million ≈ $29.67 Million	Skr802.78 Million	Sweden	Skr289.00	▲ +0.56%
2290	Jiangsu Rutong Petro-Machinery SHG:603036	0.34x	CN¥63.97 Million ≈ $9.36 Million	CN¥186.40 Million	China	CN¥12.38	▼ -1.67%
2291	Text S.A. WAR:TXT	0.34x	zł33.03 Million ≈ $9.09 Million	zł96.26 Million	Poland	zł39.36	▼ -2.77%
2292	Credo Technology Group Holding Ltd NASDAQ:CRDO	0.34x	$97.51 Million	$284.24 Million	USA	$172.81	▲ +1.83%
2293	SandRidge Energy Inc NYSE:SD	0.34x	$43.27 Million	$126.16 Million	USA	$14.35	▲ +0.56%
2294	eClerx Services Limited NSE:ECLERX	0.34x	Rs3.88 Billion ≈ $42.01 Million	Rs11.33 Billion	India	Rs1920.00	▼ -1.89%
2295	Homecast Co.Ltd KQ:064240	0.34x	₩2.03 Billion ≈ $1.38 Million	₩5.93 Billion	Korea	₩1644.00	▲ +2.56%
2296	Foremost Lithium Resource & Technology Ltd. Common stock NASDAQ:FMST	0.34x	$834.06K	$2.43 Million	USA	$0.43	▼ -13.06%
2297	Frontline Ltd OL:FRO	0.34x	Nkr910.31 Million ≈ $95.79 Million	Nkr2.66 Billion	Norway	Nkr489.70	▼ -1.86%
2298	Jiangsu Gaoke Petrochemical Co SHE:002778	0.34x	CN¥59.64 Million ≈ $8.73 Million	CN¥174.29 Million	China	CN¥14.30	▼ -3.38%
2299	Thanapiriya Public Company Limited BK:TNP	0.34x	฿124.06 Million ≈ $3.87 Million	฿362.68 Million	Thailand	฿2.72	▲ +0.74%
2300	abrdn Asian Income Fund Limited LSE:AAIF	0.34x	GBX11.07 Million ≈ $1.35K	GBX32.35 Million	UK	GBX303.00	▲ +1.00%

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.