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
28601	South Ocean Holdings Ltd JSE:SOH	-0.23x	ZAC-223.21 Million ≈ $-118.62K	ZAC959.38 Million	South Africa	ZAC110.00	▲ +0.00%
28602	Euro Trend Yatirim Ortakligi AS IS:ETYAT	-0.23x	TL-2.24 Million ≈ $-50.19K	TL9.62 Million	Turkey	TL13.13	▲ +2.26%
28603	Sigachi Industries Limited NSE:SIGACHI	-0.23x	Rs-727.44 Million ≈ $-7.87 Million	Rs3.12 Billion	India	Rs27.52	▼ -0.61%
28604	Apnimed, Inc. Common Stock NASDAQ:APMD	-0.23x	$-19.81 Million	$85.04 Million	USA	$17.76	▼ -2.66%
28605	Sanatana Resources V:STA	-0.23x	CA$-261.25K ≈ $-188.98K	CA$1.12 Million	Canada	CA$0.55	▼ -8.33%
28606	Picard Medical, Inc. NYSE MKT:PMI	-0.23x	$-4.38 Million	$18.76 Million	USA	$0.15	▲ +7.09%
28607	Forbidden Foods Ltd AU:FFF	-0.23x	AU$-440.94K ≈ $-311.99K	AU$1.89 Million	Australia	AU$0.01	▲ +0.00%
28608	Phu Nhuan Jewelry JSC VN:PNJ	-0.23x	₫-1.61 Trillion ≈ $-61.22 Million	₫6.89 Trillion	Vietnam	₫18800.00	▲ +3.30%
28609	China Bicycle Co Holdings Ltd SHE:000017	-0.23x	CN¥-16.99 Million ≈ $-2.49 Million	CN¥72.67 Million	China	CN¥6.87	▲ +0.73%
28610	ALPHAMAB ONCOLO.DL-000002 F:3NK	-0.23x	€-90.30 Million ≈ $-105.57 Million	€386.17 Million	Germany	€0.79	▲ +5.37%
28611	Hanyang Securities Co Ltd KO:001755	-0.23x	₩-1.58 Trillion ≈ $-1.07 Billion	₩6.76 Trillion	Korea	₩18830.00	▲ +2.73%
28612	TAG Oil Ltd. V:TAO	-0.23x	CA$-570.00K ≈ $-412.33K	CA$2.43 Million	Canada	CA$0.09	▲ +0.00%
28613	Kodiak Sciences Inc NASDAQ:KOD	-0.23x	$-45.89 Million	$195.72 Million	USA	$85.75	▼ -2.69%
28614	CO2 Gro Inc V:GROW	-0.23x	CA$-110.96K ≈ $-80.27K	CA$473.23K	Canada	CA$0.02	▲ +0.00%
28615	Maxcom SA WAR:MXC	-0.23x	zł-4.04 Million ≈ $-1.11 Million	zł17.22 Million	Poland	zł6.40	▲ +0.00%
28616	GiantStep Co. Ltd. KQ:289220	-0.23x	₩-4.65 Billion ≈ $-3.15 Million	₩19.79 Billion	Korea	₩1021.00	▲ +29.90%
28617	Toys R US ANZ Ltd AU:TOY	-0.23x	AU$-5.49 Million ≈ $-3.89 Million	AU$23.38 Million	Australia	AU$0.03	▲ +0.00%
28618	Heritage Distilling Holding Company, Inc. NASDAQ:IPST	-0.23x	$-2.43 Million	$10.36 Million	USA	$2.52	▲ +7.69%
28619	Walker & Dunlop Inc NYSE:WD	-0.24x	$-945.81 Million	$4.02 Billion	USA	$32.66	▼ -1.98%
28620	Banzai International Inc NASDAQ:BNZI	-0.24x	$-5.50 Million	$23.38 Million	USA	$1.20	▼ -7.69%
28621	Green Technology Metals Ltd AU:GT1	-0.24x	AU$-1.74 Million ≈ $-1.23 Million	AU$7.41 Million	Australia	AU$0.01	▲ +0.00%
28622	Jati Tinggi Group Berhad KLSE:0292	-0.24x	RM-29.66 Million ≈ $-7.45 Million	RM125.76 Million	Malaysia	RM1.19	▼ -0.83%
28623	Indian Card Clothing Company Limited NSE:INDIANCARD	-0.24x	Rs-55.63 Million ≈ $-601.65K	Rs235.78 Million	India	Rs189.84	▲ +0.36%
28624	Northcliff Citranusa Indonesia Tbk PT JK:SKYB	-0.24x	Rp-1.87 Billion ≈ $-109.78K	Rp7.94 Billion	Indonesia	Rp51.00	▲ +0.00%
28625	Nanoform Finland Plc HE:NANOFH	-0.24x	€-2.97 Million ≈ $-3.47 Million	€12.56 Million	Finland	€0.74	▲ +1.37%
28626	Ausquest Ltd AU:AQD	-0.24x	AU$-718.95K ≈ $-508.70K	AU$3.04 Million	Australia	AU$0.04	▲ +0.00%
28627	EA Holdings Bhd KLSE:0154	-0.24x	RM-4.25 Million ≈ $-1.07 Million	RM17.96 Million	Malaysia	RM0.01	▲ +0.00%
28628	IL&FS Investment Managers Limited NSE:IVC	-0.24x	Rs-76.67 Million ≈ $-829.17K	Rs324.05 Million	India	Rs7.88	▲ +0.00%
28629	Allogene Therapeutics Inc NASDAQ:ALLO	-0.24x	$-29.45 Million	$124.44 Million	USA	$1.31	▼ -2.24%
28630	Bolt Biotherapeutics NASDAQ:BOLT	-0.24x	$-7.16 Million	$30.24 Million	USA	$4.00	▼ -5.66%
28631	Fusemachines Inc. Common stock NASDAQ:FUSE	-0.24x	$-5.24 Million	$22.11 Million	USA	$0.36	▼ -4.16%
28632	Adalta Ltd AU:1AD	-0.24x	AU$-489.87K ≈ $-346.61K	AU$2.07 Million	Australia	AU$0.00	▲ +14.29%
28633	Software Acquisition Group III Inc NASDAQ:SWAG	-0.24x	$-4.76 Million	$20.07 Million	USA	$1.35	▼ -3.57%
28634	Opus One Resources Inc V:OOR	-0.24x	CA$-315.75K ≈ $-228.41K	CA$1.33 Million	Canada	CA$0.05	▲ +0.00%
28635	Riley Gold Corp V:RLYG	-0.24x	CA$-73.56K ≈ $-53.21K	CA$310.02K	Canada	CA$0.51	▼ -10.53%
28636	Twin Vee Powercats Co NASDAQ:VEEE	-0.24x	$-1.48 Million	$6.25 Million	USA	$10.07	▲ +0.10%
28637	Theradiag SA PA:ALTHE	-0.24x	€-3.35 Million ≈ $-3.92 Million	€14.09 Million	France	€0.60	▼ -7.75%
28638	Nanexa AB ST:NANEXA	-0.24x	Skr-5.19 Million ≈ $-558.85K	Skr21.81 Million	Sweden	Skr10.50	▲ +2.94%
28639	Sentage Holdings Inc NASDAQ:SNTG	-0.24x	$-475.90K	$2.00 Million	USA	$1.74	▲ +0.52%
28640	Ho Chi Minh City Securities Corp VN:HCM	-0.24x	₫-7.62 Trillion ≈ $-289.58 Million	₫31.96 Trillion	Vietnam	₫23750.00	▼ -1.04%
28641	Ridgetech, Inc. NASDAQ:RDGT	-0.24x	$-6.74 Million	$28.25 Million	USA	$0.84	▲ +1.20%
28642	Synalloy Corporation NASDAQ:ACNT	-0.24x	$-5.01 Million	$20.97 Million	USA	$13.49	▼ -0.44%
28643	PJ Metal Co. Ltd KQ:128660	-0.24x	₩-19.06 Billion ≈ $-12.92 Million	₩79.80 Billion	Korea	₩2785.00	▲ +2.01%
28644	Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares NASDAQ:XNDU	-0.24x	$-24.11 Million	$100.80 Million	USA	$3.04	▼ -8.98%
28645	SARAMA RESOURCES LTD F:48S1	-0.24x	€-466.48K ≈ $-545.37K	€1.95 Million	Germany	€0.01	▲ +0.00%
28646	Complii Fintech Solutions Ltd AU:CF1	-0.24x	AU$-595.69K ≈ $-421.49K	AU$2.49 Million	Australia	AU$0.02	▲ +10.00%
28647	CalciMedica, Inc. Common Stock NASDAQ:CALC	-0.24x	$-4.85 Million	$20.23 Million	USA	$1.04	▼ -3.70%
28648	Airthings ASA OL:AIRX	-0.24x	Nkr-3.44 Million ≈ $-362.30K	Nkr14.37 Million	Norway	Nkr0.13	▲ +3.54%
28649	Savannah Goldfields Ltd AU:SVG	-0.24x	AU$-7.96 Million ≈ $-5.63 Million	AU$33.16 Million	Australia	AU$0.01	▲ +0.00%
28650	Nigbas Nigde Beton Sanayi ve Ticaret AS IS:NIBAS	-0.24x	TL-38.68 Million ≈ $-866.41K	TL161.14 Million	Turkey	TL2.91	▼ -2.02%
28651	Reliance Industrial Infrastructure Limited NSE:RIIL	-0.24x	Rs-134.20 Million ≈ $-1.45 Million	Rs558.90 Million	India	Rs730.75	▼ -0.36%
28652	Sarama Resources Ltd AU:SRR	-0.24x	AU$-468.60K ≈ $-331.56K	AU$1.95 Million	Australia	AU$0.02	▲ +9.09%
28653	The GrowHub Limited Class A Ordinary Shares NASDAQ:TGHL	-0.24x	$-1.43 Million	$5.96 Million	USA	$0.58	▼ -9.09%
28654	Semler Scientific Inc NASDAQ:SMLR	-0.24x	$-32.94 Million	$136.93 Million	USA	$355.43	▲ +0.18%
28655	Peijia Medical Limited F:4WO	-0.24x	€-192.25 Million ≈ $-224.76 Million	€798.71 Million	Germany	€0.47	▲ +2.19%
28656	Pluristem TA:PSTI	-0.24x	ILA-9.38 Million ≈ $-25.16K	ILA38.98 Million	Israel	ILA288.30	▲ +1.30%
28657	Elauwit Connection, Inc. Common Stock NASDAQ:ELWT	-0.24x	$-2.62 Million	$10.86 Million	USA	$5.55	▼ -0.36%
28658	Discovery Harbour Resources Corp V:DHR	-0.24x	CA$-39.76K ≈ $-28.76K	CA$164.78K	Canada	CA$0.05	▲ +0.00%
28659	Neonode Inc NASDAQ:NEON	-0.24x	$-1.45 Million	$6.02 Million	USA	$0.77	▼ -3.75%
28660	Arrive AI Inc. NASDAQ:ARAI	-0.24x	$-3.11 Million	$12.87 Million	USA	$0.12	▼ -9.56%
28661	Auris Minerals Ltd AU:AUR	-0.24x	AU$-89.18K ≈ $-63.10K	AU$368.94K	Australia	AU$0.02	▲ +0.00%
28662	China Liberal Education Holdings NASDAQ:CLEU	-0.24x	$-1.28 Million	$5.30 Million	USA	$0.10	▲ +0.00%
28663	Metalex Ventures Ltd. V:MTX	-0.24x	CA$-640.48K ≈ $-463.31K	CA$2.65 Million	Canada	CA$0.02	▼ -25.00%
28664	Immutep Limited F:YP1A	-0.24x	€-11.72 Million ≈ $-13.70 Million	€48.30 Million	Germany	€2.76	▼ -2.13%
28665	Walker Crips Group PLC LSE:WCW	-0.24x	GBX-5.62 Million ≈ $-683.18	GBX23.14 Million	UK	GBX13.50	▲ +0.00%
28666	Althea Group Holdings Ltd AU:AGH	-0.24x	AU$-5.11 Million ≈ $-3.62 Million	AU$21.06 Million	Australia	AU$0.02	▼ -2.86%
28667	Austchina Holdings Ltd AU:AUH	-0.24x	AU$-399.17K ≈ $-282.44K	AU$1.64 Million	Australia	AU$0.00	▲ +0.00%
28668	NextTrip Inc NASDAQ:NTRP	-0.24x	$-1.98 Million	$8.15 Million	USA	$1.36	▼ -18.56%
28669	Celsius Resources Limited F:FX8	-0.24x	€-259.51K ≈ $-303.39K	€1.07 Million	Germany	€0.00	▲ +0.00%
28670	Donegal Investment Group PLC IR:DQ7A	-0.24x	€-3.56 Million ≈ $-4.16 Million	€14.60 Million	Ireland	€8.75	▲ +0.00%
28671	OXE Marine AB ST:OXE	-0.24x	Skr-39.96 Million ≈ $-4.30 Million	Skr163.98 Million	Sweden	Skr0.16	▲ +0.95%
28672	Kanger International Bhd KLSE:0170	-0.24x	RM-8.92 Million ≈ $-2.24 Million	RM36.56 Million	Malaysia	RM0.02	▼ -20.00%
28673	Medicus Pharma Ltd. Common Stock NASDAQ:MDCX	-0.24x	$-4.96 Million	$20.33 Million	USA	$3.25	▼ -5.25%
28674	Relief Therapeutics Holding AG SW:RLF	-0.24x	CHF-3.75 Million ≈ $-4.74 Million	CHF15.35 Million	Switzerland	CHF2.89	▲ +0.87%
28675	PolTREG S.A. WAR:PTG	-0.24x	zł-7.50 Million ≈ $-2.06 Million	zł30.71 Million	Poland	zł19.55	▲ +2.89%
28676	Amtel Holdings Bhd KLSE:7031	-0.24x	RM-3.73 Million ≈ $-935.22K	RM15.25 Million	Malaysia	RM0.30	▼ -1.67%
28677	Know Labs Inc. NYSE MKT:KNW	-0.24x	$-1.29 Million	$5.28 Million	USA	$0.81	▲ +0.00%
28678	Mercurity Fintech Holding Inc ADR NASDAQ:MFH	-0.24x	$-2.84 Million	$11.60 Million	USA	$5.65	▲ +19.20%
28679	Asian Energy Services Limited NSE:ASIANENE	-0.24x	Rs-727.00 Million ≈ $-7.86 Million	Rs2.97 Billion	India	Rs455.10	▲ +0.07%
28680	Lotus Technology Inc. NASDAQ:LOT	-0.24x	$-791.18 Million	$3.23 Billion	USA	$0.57	▼ -2.88%
28681	Powerhouse Ventures Ltd AU:PVL	-0.24x	AU$-501.22K ≈ $-354.65K	AU$2.05 Million	Australia	AU$0.13	▲ +4.00%
28682	National Fertilizers Limited NSE:NFL	-0.25x	Rs-21.77 Billion ≈ $-235.40 Million	Rs88.83 Billion	India	Rs62.88	▲ +0.48%
28683	1-800 FLOWERS.COM Inc NASDAQ:FLWS	-0.25x	$-119.50 Million	$487.41 Million	USA	$2.75	▼ -3.85%
28684	Avatec Co. Ltd KQ:149950	-0.25x	₩-2.11 Billion ≈ $-1.43 Million	₩8.59 Billion	Korea	₩11540.00	▲ +7.95%
28685	Tecnon Fujian Commercial Lighting Co Ltd SHE:300650	-0.25x	CN¥-231.31 Million ≈ $-33.85 Million	CN¥941.87 Million	China	CN¥10.89	▲ +0.09%
28686	Fortune Indonesia Tbk JK:FORU	-0.25x	Rp-1.41 Billion ≈ $-82.36K	Rp5.72 Billion	Indonesia	Rp108.00	▼ -14.96%
28687	Tong Hua Holding Public Company Limited BK:TH	-0.25x	฿-10.05 Million ≈ $-313.17K	฿40.80 Million	Thailand	฿0.45	▲ +2.27%
28688	Black Diamond Therapeutics Inc NASDAQ:BDTX	-0.25x	$-7.14 Million	$28.94 Million	USA	$1.72	▼ -1.15%
28689	Epsium Enterprise Limited Ordinary Shares NASDAQ:EPSM	-0.25x	$-449.42K	$1.82 Million	USA	$1.00	▼ -4.76%
28690	51 CREDIT CARD DL-00001 F:2JY	-0.25x	€-53.33 Million ≈ $-62.34 Million	€215.87 Million	Germany	€0.03	▲ +1.52%
28691	Beta Technologies, Inc. NYSE:BETA	-0.25x	$-71.18 Million	$287.85 Million	USA	$18.03	▼ -4.10%
28692	Forge Global Holdings Inc NYSE:FRGE	-0.25x	$-11.31 Million	$45.63 Million	USA	$45.00	▲ +0.00%
28693	D. Boral ARC Acquisition I Corp. Class A Ordinary Shares NASDAQ:BCAR	-0.25x	$-201.84K	$812.53K	USA	$3.13	▼ -17.85%
28694	09women Co. Ltd. KQ:366030	-0.25x	₩-2.27 Billion ≈ $-1.54 Million	₩9.15 Billion	Korea	₩4285.00	▼ -2.28%
28695	Avax One Technology Ltd. NASDAQ:AVX	-0.25x	$-3.71 Million	$14.92 Million	USA	$4.44	▼ -7.88%
28696	Empire Metals Limited LSE:GEO	-0.25x	GBX-207.41K ≈ $-25.24	GBX834.10K	UK	GBX0.06	▲ +4.55%
28697	Lantern Pharma Inc NASDAQ:LTRN	-0.25x	$-2.94 Million	$11.82 Million	USA	$0.67	▲ +0.18%
28698	TESGAS S.A. WAR:TSG	-0.25x	zł-7.22 Million ≈ $-1.99 Million	zł29.02 Million	Poland	zł1.61	▼ -1.53%
28699	Albatron Technology Co Ltd TWO:5386	-0.25x	NT$-1.49 Billion ≈ $-46.83 Million	NT$5.96 Billion	Taiwan	NT$248.00	▲ +0.00%
28700	Advanced Lithium Electrochemistry Cayman Co Ltd TWO:5227	-0.25x	NT$-72.76 Million ≈ $-2.29 Million	NT$291.74 Million	Taiwan	NT$26.70	▼ -0.19%

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.