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
23701	Bumi Serpong Damai Tbk JK:BSDE	-0.02x	Rp-422.48 Billion ≈ $-24.76 Million	Rp25.91 Trillion	Indonesia	Rp442.00	▼ -5.56%
23702	Bangkok Life Assurance Public Company Limited F:XBLA	-0.02x	€-4.14 Billion ≈ $-4.84 Billion	€253.78 Billion	Germany	€0.56	▲ +0.91%
23703	LongDa Construction & Development Corp TW:5519	-0.02x	NT$-140.17 Million ≈ $-4.42 Million	NT$8.59 Billion	Taiwan	NT$23.75	▼ -2.06%
23704	Dae Chang KO:012800	-0.02x	₩-8.96 Billion ≈ $-6.07 Million	₩548.66 Billion	Korea	₩1080.00	▲ +0.47%
23705	Eightco Holdings Inc. NASDAQ:OCTO	-0.02x	$-657.16K	$40.18 Million	USA	$12.79	▲ +0.00%
23706	Valor Energy Inc. NASDAQ:VAI	-0.02x	$-819.77K	$50.10 Million	USA	$2.67	▲ +14.59%
23707	Crown Point Energy Inc V:CWV	-0.02x	CA$-3.46 Million ≈ $-2.50 Million	CA$211.06 Million	Canada	CA$0.13	▲ +4.00%
23708	Commonwealth Bank of Australia F:CWW	-0.02x	€-22.50 Billion ≈ $-26.31 Billion	€1.37 Trillion	Germany	€96.36	▲ +0.76%
23709	CARLSON INV. ZY 13 F:2HB	-0.02x	€-18.38K ≈ $-21.49K	€1.12 Million	Germany	€0.50	▲ +0.00%
23710	TC Unterhaltungselektronik AG F:TCU	-0.02x	€-28.39K ≈ $-33.19K	€1.73 Million	Germany	€0.10	▼ -0.98%
23711	Swan Energy Limited NSE:SWANENERGY	-0.02x	Rs-1.02 Billion ≈ $-11.02 Million	Rs61.97 Billion	India	Rs455.00	▲ +1.13%
23712	Daewon Co. Ltd KQ:007680	-0.02x	₩-4.22 Billion ≈ $-2.86 Million	₩255.93 Billion	Korea	₩2905.00	▼ -0.17%
23713	Appreciate Holdings, Inc. NASDAQ:SFRT	-0.02x	$-337.86K	$20.46 Million	USA	$0.00	▲ +0.00%
23714	SGC eTEC E&C Co. Ltd KQ:016250	-0.02x	₩-16.34 Billion ≈ $-11.07 Million	₩987.40 Billion	Korea	₩11220.00	▼ -0.09%
23715	AdvancedAdvT Ltd LSE:ADVT	-0.02x	GBX-644.05K ≈ $-78.36	GBX38.91 Million	UK	GBX180.00	▼ -1.37%
23716	AFFINOR GROWERS INC. F:1AF0	-0.02x	€-30.32K ≈ $-35.45K	€1.83 Million	Germany	€0.07	▼ -6.94%
23717	Shandong Hongchuang Aluminum Industry Holding Co Ltd SHE:002379	-0.02x	CN¥-20.23 Million ≈ $-2.96 Million	CN¥1.22 Billion	China	CN¥14.66	▲ +3.53%
23718	Patkol Public Company Limited BK:PK	-0.02x	฿-24.48 Million ≈ $-762.86K	฿1.48 Billion	Thailand	฿0.45	▲ +0.00%
23719	Kumulus Vape SA PA:ALVAP	-0.02x	€-183.24K ≈ $-214.22K	€11.06 Million	France	€2.94	▼ -0.34%
23720	SKM Egg Products Export (India) Limited NSE:SKMEGGPROD	-0.02x	Rs-40.30 Million ≈ $-435.83K	Rs2.43 Billion	India	Rs207.62	▼ -0.19%
23721	PLB Engineering Bhd KLSE:7055	-0.02x	RM-2.72 Million ≈ $-682.90K	RM164.12 Million	Malaysia	RM0.86	▲ +0.00%
23722	Bonava AB (publ) ST:BONAV-A	-0.02x	Skr-152.00 Million ≈ $-16.36 Million	Skr9.17 Billion	Sweden	Skr8.25	▼ -0.60%
23723	Grupo Concesionario del Oeste SA BA:OEST	-0.02x	AR$-2.25 Billion ≈ $-1.63 Million	AR$135.88 Billion	Argentina	AR$736.00	▼ -3.66%
23724	OTP Bank Nyrt BUD:OTP	-0.02x	Ft-683.46 Billion ≈ $-2.12 Billion	Ft41.14 Trillion	Hungary	Ft41670.00	▼ -1.79%
23725	HeiLongJiang Kingland Technology Co Ltd SHE:000711	-0.02x	CN¥-7.68 Million ≈ $-1.12 Million	CN¥462.35 Million	China	CN¥3.82	▼ -2.05%
23726	Waverley Pharma Inc V:WAVE	-0.02x	CA$-65.14K ≈ $-47.12K	CA$3.92 Million	Canada	CA$0.01	▲ +0.00%
23727	MannKind Corp NASDAQ:MNKD	-0.02x	$-13.29 Million	$799.50 Million	USA	$3.09	▲ +1.64%
23728	Daebongls.Co.Ltd KQ:078140	-0.02x	₩-1.32 Billion ≈ $-893.86K	₩79.34 Billion	Korea	₩7340.00	▲ +2.66%
23729	Rockhaven Resources Ltd V:RK	-0.02x	CA$-59.90K ≈ $-43.33K	CA$3.60 Million	Canada	CA$0.16	▲ +10.71%
23730	Bestway Marine & Energy Technology Co Ltd SHE:300008	-0.02x	CN¥-67.96 Million ≈ $-9.94 Million	CN¥4.09 Billion	China	CN¥6.14	▲ +1.49%
23731	Guangxi Wuzhou Zhongheng Group Co Ltd SHG:600252	-0.02x	CN¥-60.84 Million ≈ $-8.90 Million	CN¥3.65 Billion	China	CN¥2.30	▼ -6.50%
23732	Newtree Co.Ltd KQ:270870	-0.02x	₩-588.07 Million ≈ $-398.53K	₩35.29 Billion	Korea	₩3650.00	▼ -0.14%
23733	TECO Electric & Machinery Co Ltd TW:1504	-0.02x	NT$-784.78 Million ≈ $-24.72 Million	NT$47.02 Billion	Taiwan	NT$69.30	▼ -0.57%
23734	INITECH Co. Ltd KQ:053350	-0.02x	₩-118.49 Million ≈ $-80.30K	₩7.10 Billion	Korea	₩5380.00	▲ +0.56%
23735	RM Plc LSE:RM	-0.02x	GBX-2.08 Million ≈ $-252.83	GBX124.39 Million	UK	GBX100.00	▲ +0.20%
23736	Paragon Care Ltd AU:PGC	-0.02x	AU$-16.77 Million ≈ $-11.86 Million	AU$1.00 Billion	Australia	AU$0.15	▲ +3.45%
23737	Welspun Investments and Commercials Limited NSE:WELINV	-0.02x	Rs-15.24 Million ≈ $-164.79K	Rs909.56 Million	India	Rs1748.80	▼ -4.05%
23738	Icelandic Salmon As OL:ISLAX	-0.02x	Nkr-2.57 Million ≈ $-270.39K	Nkr153.36 Million	Norway	Nkr56.50	▲ +0.00%
23739	Aeon Credit Service Bhd KLSE:5139	-0.02x	RM-212.61 Million ≈ $-53.38 Million	RM12.69 Billion	Malaysia	RM4.58	▼ -3.58%
23740	Daedalus Special Acquisition Corp. NASDAQ:DSAC	-0.02x	$-196.40K	$11.71 Million	USA	$10.12	▲ +0.10%
23741	LF Capital Acquisition Corp. II Units NASDAQ:LFACU	-0.02x	$-85.32K	$5.09 Million	USA	$10.18	▲ +0.00%
23742	Leapfrog Acquisition Corporation Class A Ordinary Shares NASDAQ:LFAC	-0.02x	$-85.32K	$5.09 Million	USA	$10.08	▼ -0.10%
23743	Blue Acquisition Corp. Class A Ordinary Shares NASDAQ:BACC	-0.02x	$-156.67K	$9.34 Million	USA	$10.43	▲ +0.10%
23744	Scottish Mortgage Investment Trust plc LSE:SMT	-0.02x	GBX-27.21 Million ≈ $-3.31K	GBX1.62 Billion	UK	GBX1562.00	▲ +1.10%
23745	Pluribus Technologies Corp V:PLRB	-0.02x	CA$-655.00K ≈ $-473.82K	CA$39.04 Million	Canada	CA$0.03	▲ +0.00%
23746	Skin n Skin Co. Ltd KQ:159910	-0.02x	₩-641.11 Million ≈ $-434.47K	₩38.20 Billion	Korea	₩2995.00	▲ +1.70%
23747	New Providence Acquisition Corp. III Class A Ordinary Shares NASDAQ:NPAC	-0.02x	$-216.44K	$12.88 Million	USA	$10.51	▲ +0.10%
23748	Ocumetics Technology Corp V:OTC	-0.02x	CA$-105.02K ≈ $-75.97K	CA$6.24 Million	Canada	CA$0.42	▲ +5.00%
23749	Activate Energy Acquisition Corp. Class A Ordinary Share NASDAQ:AEAQ	-0.02x	$-140.00K	$8.32 Million	USA	$10.10	▲ +0.20%
23750	Shree Rama Newsprint Limited NSE:RAMANEWS	-0.02x	Rs-92.11 Million ≈ $-996.15K	Rs5.47 Billion	India	Rs29.24	▼ -2.34%
23751	INICS Corp. KQ:452400	-0.02x	₩-331.90 Million ≈ $-224.93K	₩19.68 Billion	Korea	₩5040.00	▲ +0.80%
23752	Eastman Kodak Co NYSE:KODK	-0.02x	$-14.00 Million	$830.00 Million	USA	$8.93	▲ +0.90%
23753	Jorjin Technologies TWO:4980	-0.02x	NT$-1.56 Million ≈ $-49.18K	NT$92.54 Million	Taiwan	NT$36.00	▼ -4.51%
23754	MTI Investment SE ST:MTI	-0.02x	Skr-412.67K ≈ $-44.41K	Skr24.45 Million	Sweden	Skr0.78	▲ +18.18%
23755	Equity Development Investment JK:GSMF	-0.02x	Rp-58.44 Billion ≈ $-3.42 Million	Rp3.46 Trillion	Indonesia	Rp69.00	▼ -6.76%
23756	Silver Pegasus Acquisition Corp. NASDAQ:SPEG	-0.02x	$-141.40K	$8.37 Million	USA	$10.41	▲ +0.00%
23757	LABOCANNA S.A. ZY-10 F:9Y2	-0.02x	€-113.50K ≈ $-132.69K	€6.70 Million	Germany	€0.04	▲ +1.00%
23758	Ymc Co. Ltd KQ:155650	-0.02x	₩-938.31 Million ≈ $-635.88K	₩55.40 Billion	Korea	₩3665.00	▲ +1.38%
23759	OHB SE XETRA:OHB	-0.02x	€-19.05 Million ≈ $-22.27 Million	€1.12 Billion	Germany	€198.80	▲ +3.76%
23760	Founder Securities Co Ltd SHG:601901	-0.02x	CN¥-4.55 Billion ≈ $-666.00 Million	CN¥268.48 Billion	China	CN¥6.66	▼ -0.45%
23761	Qualicorp Consultoria e Corretora de Seguros S.A SA:QUAL3	-0.02x	R$-35.22 Million ≈ $-6.91 Million	R$2.08 Billion	Brazil	R$2.09	▲ +4.50%
23762	Telecomunicações Brasileiras S.A. - TELEBRÁS SA:TELB3	-0.02x	R$-45.19 Million ≈ $-8.87 Million	R$2.66 Billion	Brazil	R$30.31	▼ -0.30%
23763	XXL ASA OL:XXL	-0.02x	Nkr-91.00 Million ≈ $-9.58 Million	Nkr5.35 Billion	Norway	Nkr9.87	▲ +0.00%
23764	InCity Immobilien AG XETRA:IC8	-0.02x	€-1.38 Million ≈ $-1.61 Million	€80.95 Million	Germany	€0.44	▲ +0.00%
23765	Fridenson TA:FRDN	-0.02x	ILA-3.17 Million ≈ $-8.49K	ILA185.56 Million	Israel	ILA7360.00	▲ +0.67%
23766	SHIZUOKA FIN. GROUP INC. F:P2U	-0.02x	€-252.31 Billion ≈ $-294.97 Billion	€14.78 Trillion	Germany	€17.70	▲ +0.00%
23767	Revolution Beauty Group PLC LSE:REVB	-0.02x	GBX-1.81 Million ≈ $-219.98	GBX105.86 Million	UK	GBX4.50	▲ +0.00%
23768	Nam Hwa Construction Co.Ltd KQ:091590	-0.02x	₩-388.04 Million ≈ $-262.97K	₩22.72 Billion	Korea	₩5310.00	▲ +1.14%
23769	Curo Holdings Co. Ltd KQ:051780	-0.02x	₩-1.04 Billion ≈ $-702.00K	₩60.61 Billion	Korea	₩2400.00	▼ -8.92%
23770	NCT Alliance Bhd KLSE:0056	-0.02x	RM-17.08 Million ≈ $-4.29 Million	RM998.84 Million	Malaysia	RM0.56	▼ -1.77%
23771	Ease2pay NV AS:EAS2P	-0.02x	€-55.00K ≈ $-64.30K	€3.21 Million	Netherlands	€0.52	▼ -3.70%
23772	Axteria Group Bhd KLSE:7120	-0.02x	RM-1.40 Million ≈ $-351.49K	RM81.79 Million	Malaysia	RM0.11	▼ -4.55%
23773	Silver Bullet Data Services Group PLC LSE:SBDS	-0.02x	GBX-169.35K ≈ $-20.61	GBX9.88 Million	UK	GBX8.60	▲ +0.00%
23774	Alvotech IC:ALVO	-0.02x	Ikr-27.18 Million ≈ $-221.63K	Ikr1.59 Billion	Iceland	Ikr421.00	▼ -0.24%
23775	Agile Content SA MC:AGIL	-0.02x	€-1.31 Million ≈ $-1.53 Million	€76.44 Million	Spain	€2.20	▲ +0.00%
23776	EN Shoham Business Ltd TA:SHOM	-0.02x	ILA-14.80 Million ≈ $-39.68K	ILA861.73 Million	Israel	ILA715.30	▼ -0.21%
23777	ATW Technology Inc TWO:8097	-0.02x	NT$-2.52 Million ≈ $-79.46K	NT$146.69 Million	Taiwan	NT$48.40	▲ +0.41%
23778	XLMedia PLC LSE:XLM	-0.02x	GBX-418.30K ≈ $-50.90	GBX24.32 Million	UK	GBX6.58	▲ +0.00%
23779	Drugs Made In America Acquisition Corp. Units NASDAQ:DMAAU	-0.02x	$-125.18K	$7.28 Million	USA	$11.30	▲ +4.73%
23780	Azerion Group N.V. AS:AZRN	-0.02x	€-9.70 Million ≈ $-11.34 Million	€563.70 Million	Netherlands	€0.66	▼ -2.36%
23781	Maxscend Microelectronics Co Ltd SHE:300782	-0.02x	CN¥-93.29 Million ≈ $-13.65 Million	CN¥5.42 Billion	China	CN¥54.39	▼ -0.68%
23782	Churchill Capital Corp IX Warrant NASDAQ:CCIXW	-0.02x	$-176.31K	$10.24 Million	USA	$0.44	▼ -2.22%
23783	Valartis Group AG SW:VLRT	-0.02x	CHF-663.00K ≈ $-838.21K	CHF38.48 Million	Switzerland	CHF9.10	▼ -1.62%
23784	KSL Holdings Bhd KLSE:5038	-0.02x	RM-26.30 Million ≈ $-6.60 Million	RM1.53 Billion	Malaysia	RM2.48	▼ -0.40%
23785	Hesai Group Sponsored ADR NASDAQ:HSAI	-0.02x	$-35.41 Million	$2.05 Billion	USA	$21.00	▼ -2.91%
23786	Blender Financial Technologies Ltd TA:BLND	-0.02x	ILA-2.87 Million ≈ $-7.68K	ILA166.18 Million	Israel	ILA386.70	▼ -4.38%
23787	Edelweiss Financial Services Limited NSE:EDELWEISS	-0.02x	Rs-6.52 Billion ≈ $-70.52 Million	Rs377.98 Billion	India	Rs128.16	▼ -4.95%
23788	Civmec Ltd AU:CVL	-0.02x	AU$-9.21 Million ≈ $-6.51 Million	AU$533.20 Million	Australia	AU$1.54	▼ -2.22%
23789	Brunel International NV AS:BRNL	-0.02x	€-5.07 Million ≈ $-5.93 Million	€293.65 Million	Netherlands	€6.97	▲ +0.29%
23790	Shinkong Synthetic Fiber Corp TW:1409	-0.02x	NT$-2.90 Billion ≈ $-91.49 Million	NT$168.08 Billion	Taiwan	NT$25.50	▼ -0.97%
23791	Kaushalya Infrastructure Development Corporation Limited NSE:KAUSHALYA	-0.02x	Rs-312.00K ≈ $-3.37K	Rs18.06 Million	India	Rs846.40	▲ +2.23%
23792	Grenke AG XETRA:GLJ	-0.02x	€-127.92 Million ≈ $-149.55 Million	€7.40 Billion	Germany	€10.18	▼ -1.17%
23793	LANSDOWNE OIL+GAS LS-001 F:L2J	-0.02x	€-28.00K ≈ $-32.73K	€1.62 Million	Germany	€0.00	▲ +0.00%
23794	LEONARDO ADR 1/2/EO 440 F:FMN	-0.02x	€-411.00 Million ≈ $-480.50 Million	€23.77 Billion	Germany	€27.00	▼ -1.46%
23795	Ningbo Construction Co Ltd SHG:601789	-0.02x	CN¥-577.70 Million ≈ $-84.54 Million	CN¥33.39 Billion	China	CN¥4.06	▼ -1.69%
23796	Appili Therapeutics Inc TO:APLI	-0.02x	CA$-293.07K ≈ $-212.00K	CA$16.93 Million	Canada	CA$0.01	▼ -50.00%
23797	ALM Equity AB Pfd. ST:ALM-PREF	-0.02x	Skr-33.00 Million ≈ $-3.55 Million	Skr1.91 Billion	Sweden	Skr84.90	▼ -0.12%
23798	Milkyway Chemical Supply Chain Service Co Ltd SHG:603713	-0.02x	CN¥-180.42 Million ≈ $-26.40 Million	CN¥10.42 Billion	China	CN¥59.85	▲ +4.65%
23799	Kuang Hong Arts Management TWO:6596	-0.02x	NT$-16.82 Million ≈ $-530.05K	NT$969.97 Million	Taiwan	NT$95.50	▼ -0.62%
23800	Thunderful Group AB ST:THUNDR	-0.02x	Skr-3.00 Million ≈ $-322.85K	Skr172.90 Million	Sweden	Skr0.30	▼ -1.01%

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.