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
28901	Elutia Inc. NASDAQ:ELUT	-0.29x	$-8.00 Million	$27.90 Million	USA	$0.79	▲ +0.66%
28902	Top Shelf International Holdings Ltd AU:TSI	-0.29x	AU$-12.45 Million ≈ $-8.81 Million	AU$43.41 Million	Australia	AU$0.04	▲ +0.00%
28903	LogicMark Inc NASDAQ:LGMK	-0.29x	$-582.00K	$2.03 Million	USA	$0.01	▲ +0.00%
28904	Neo Battery Materials Ord Shs V:NBM	-0.29x	CA$-1.41 Million ≈ $-1.02 Million	CA$4.92 Million	Canada	CA$0.16	▼ -6.06%
28905	Y2 Solution Co., Ltd KO:011690	-0.29x	₩-24.12 Billion ≈ $-16.35 Million	₩83.99 Billion	Korea	₩3650.00	▲ +2.82%
28906	Aptose Biosciences Inc TO:APS	-0.29x	CA$-7.41 Million ≈ $-5.36 Million	CA$25.79 Million	Canada	CA$2.40	▲ +0.00%
28907	Cardiex Ltd AU:CDX	-0.29x	AU$-2.99 Million ≈ $-2.11 Million	AU$10.39 Million	Australia	AU$0.03	▲ +0.00%
28908	Centogene N.V. NASDAQ:CNTGF	-0.29x	$-29.47 Million	$102.44 Million	USA	$0.12	▲ +0.00%
28909	Wescan Goldfields Inc V:WGF	-0.29x	CA$-158.71K ≈ $-114.81K	CA$551.65K	Canada	CA$0.08	▼ -6.25%
28910	Urja Global Limited NSE:URJA	-0.29x	Rs-164.18 Million ≈ $-1.78 Million	Rs569.79 Million	India	Rs8.39	▲ +0.00%
28911	Gaotu Techedu Inc DRC NYSE:GOTU	-0.29x	$-1.23 Billion	$4.26 Billion	USA	$2.64	▼ -1.12%
28912	WIA Gold Ltd AU:WIA	-0.29x	AU$-354.87K ≈ $-251.10K	AU$1.23 Million	Australia	AU$0.45	▲ +3.49%
28913	Nitiraj Engineers Limited NSE:NITIRAJ	-0.29x	Rs-28.77 Million ≈ $-311.17K	Rs99.72 Million	India	Rs203.51	▼ -2.87%
28914	Trust Stamp Inc NASDAQ:IDAI	-0.29x	$-2.22 Million	$7.68 Million	USA	$2.72	▼ -3.04%
28915	Adel Kalemcilik Ticaret ve Sanayi AS IS:ADEL	-0.29x	TL-599.24 Million ≈ $-13.42 Million	TL2.08 Billion	Turkey	TL24.44	▼ -0.81%
28916	Gapwaves AB Series B ST:GAPW-B	-0.29x	Skr-10.76 Million ≈ $-1.16 Million	Skr37.23 Million	Sweden	Skr14.62	▲ +5.03%
28917	TJGC Group Limited NASDAQ:TJGC	-0.29x	$-8.37 Million	$28.87 Million	USA	$31.89	▲ +0.00%
28918	Alexium International Group Ltd AU:AJX	-0.29x	AU$-1.49 Million ≈ $-1.05 Million	AU$5.12 Million	Australia	AU$0.01	▼ -16.67%
28919	Arcus Biosciences Inc NYSE:RCUS	-0.29x	$-138.00 Million	$473.00 Million	USA	$22.12	▼ -3.07%
28920	Sinmah Capital Bhd KLSE:9776	-0.29x	RM-6.47 Million ≈ $-1.63 Million	RM22.18 Million	Malaysia	RM0.33	▲ +0.00%
28921	Decent Holding Inc Ordinary Shares NASDAQ:DXST	-0.29x	$-5.71 Million	$19.58 Million	USA	$1.33	▼ -20.83%
28922	Marmota Ltd AU:MEU	-0.29x	AU$-230.62K ≈ $-163.18K	AU$789.88K	Australia	AU$0.08	▲ +1.33%
28923	Nextage Therapeutics Ltd TA:NXTG	-0.29x	ILA-1.72 Million ≈ $-4.61K	ILA5.89 Million	Israel	ILA64.10	▼ -17.72%
28924	Bionano Genomics Inc NASDAQ:BNGO	-0.29x	$-4.67 Million	$15.98 Million	USA	$1.25	▼ -8.76%
28925	Smith Micro Software Inc NASDAQ:SMSI	-0.29x	$-2.12 Million	$7.24 Million	USA	$2.37	▲ +2.60%
28926	Verrica Pharmaceuticals Inc NASDAQ:VRCA	-0.29x	$-9.28 Million	$31.71 Million	USA	$3.60	▼ -4.89%
28927	Kiliaro AB ST:KILI	-0.29x	Skr-4.66 Million ≈ $-501.34K	Skr15.91 Million	Sweden	Skr0.03	▲ +0.00%
28928	TriSalus Life Sciences Inc. NASDAQ:TLSI	-0.29x	$-16.39 Million	$55.90 Million	USA	$3.63	▼ -6.92%
28929	Kuk Young G&M Co. Ltd KQ:006050	-0.29x	₩-5.94 Billion ≈ $-4.02 Million	₩20.23 Billion	Korea	₩2885.00	▲ +0.35%
28930	ADYTON RESOURCES CORP. F:701	-0.29x	€-326.84K ≈ $-382.11K	€1.11 Million	Germany	€0.23	▼ -5.74%
28931	Avinger Inc NASDAQ:AVGR	-0.29x	$-2.86 Million	$9.73 Million	USA	$0.47	▲ +0.00%
28932	Tainwala Chemical and Plastic (I) Limited NSE:TAINWALCHM	-0.29x	Rs-48.30 Million ≈ $-522.30K	Rs164.03 Million	India	Rs198.54	▼ -2.18%
28933	Argent Biopharma Ltd AU:RGT	-0.29x	AU$-3.27 Million ≈ $-2.31 Million	AU$11.10 Million	Australia	AU$0.03	▲ +0.00%
28934	Colorlight Cloud Tech Ltd. A SHE:301391	-0.29x	CN¥-141.16 Million ≈ $-20.66 Million	CN¥478.54 Million	China	CN¥39.37	▲ +2.77%
28935	Polymetals Resources Ltd AU:POL	-0.30x	AU$-23.15 Million ≈ $-16.38 Million	AU$78.47 Million	Australia	AU$0.58	▲ +7.41%
28936	Hycroft Mining Holding Corporation NASDAQ:HYMC	-0.30x	$-12.48 Million	$42.24 Million	USA	$17.17	▼ -1.44%
28937	Noram Lithium Corp V:NRM	-0.30x	CA$-124.24K ≈ $-89.87K	CA$420.55K	Canada	CA$0.06	▼ -8.33%
28938	immatics biotechnologies GmbH NASDAQ:IMTXW	-0.30x	$-31.07 Million	$105.09 Million	USA	$0.00	▲ +0.00%
28939	Daedong Steel Co. Ltd KQ:048470	-0.30x	₩-7.42 Billion ≈ $-5.03 Million	₩25.08 Billion	Korea	₩2640.00	▲ +3.53%
28940	Abingdon Health Plc LSE:ABDX	-0.30x	GBX-1.26 Million ≈ $-153.06	GBX4.25 Million	UK	GBX9.00	▲ +0.00%
28941	Diamond Power Infrastructure Limited NSE:DIACABS	-0.30x	Rs-1.79 Billion ≈ $-19.34 Million	Rs6.04 Billion	India	Rs362.40	▼ -3.04%
28942	Hookipa Pharma Inc NASDAQ:HOOK	-0.30x	$-7.13 Million	$24.02 Million	USA	$1.15	▲ +0.00%
28943	New Zealand Coastal Seafoods Ltd AU:NZS	-0.30x	AU$-873.86K ≈ $-618.31K	AU$2.94 Million	Australia	AU$0.02	▲ +0.00%
28944	Arbor Metals Corp V:ABR	-0.30x	CA$-64.16K ≈ $-46.41K	CA$215.88K	Canada	CA$0.07	▲ +0.00%
28945	Spinnova Oy HE:SPINN	-0.30x	€-3.57 Million ≈ $-4.17 Million	€12.00 Million	Finland	€0.45	▲ +3.22%
28946	Kwesst Micro Systems Inc V:KWE	-0.30x	CA$-1.64 Million ≈ $-1.19 Million	CA$5.52 Million	Canada	CA$5.00	▲ +0.00%
28947	Pliant Therapeutics Inc NASDAQ:PLRX	-0.30x	$-12.80 Million	$42.95 Million	USA	$0.90	▼ -7.46%
28948	Denali Therapeutics Inc NASDAQ:DNLI	-0.30x	$-96.20 Million	$322.78 Million	USA	$17.61	▼ -3.98%
28949	RENN Fund Inc NYSE MKT:RCG	-0.30x	$-28.50K	$95.59K	USA	$2.70	▼ -0.37%
28950	Scancell Hldgs Plc LSE:SCLP	-0.30x	GBX-7.08 Million ≈ $-861.55	GBX23.75 Million	UK	GBX9.30	▼ -0.53%
28951	ETHERNITY NETW.(DI) -001 F:82N	-0.30x	€-1.13 Million ≈ $-1.32 Million	€3.78 Million	Germany	€0.00	▲ +0.00%
28952	Unitron Tech Co Ltd KQ:142210	-0.30x	₩-131.19 Billion ≈ $-88.90 Million	₩439.41 Billion	Korea	₩6760.00	▲ +4.48%
28953	Silver Castle Holdings Ltd TA:SLCL	-0.30x	ILA-1.99 Million ≈ $-5.35K	ILA6.67 Million	Israel	ILA2435.00	▲ +8.22%
28954	Providence Gold Mines V:PHD	-0.30x	CA$-78.68K ≈ $-56.92K	CA$263.38K	Canada	CA$0.04	▲ +0.00%
28955	Molinos Agro SA BA:MOLA	-0.30x	AR$-260.14 Billion ≈ $-188.24 Million	AR$870.57 Billion	Argentina	AR$21300.00	▲ +1.91%
28956	Freemelt Holding AB ST:FREEM	-0.30x	Skr-5.96 Million ≈ $-641.18K	Skr19.93 Million	Sweden	Skr1.74	▼ -0.11%
28957	N2OFF Inc NASDAQ:NITO	-0.30x	$-1.40 Million	$4.67 Million	USA	$1.22	▲ +38.64%
28958	Ivanhoe Electric Inc. NYSE MKT:IE	-0.30x	$-27.63 Million	$92.39 Million	USA	$11.80	▼ -3.75%
28959	PMPG Polskie Media S.A. WAR:PGM	-0.30x	zł-2.52 Million ≈ $-694.64K	zł8.43 Million	Poland	zł2.14	▲ +10.03%
28960	Adveritas Ltd AU:AV1	-0.30x	AU$-2.05 Million ≈ $-1.45 Million	AU$6.83 Million	Australia	AU$0.06	▼ -1.72%
28961	Roquefort Investments PLC LSE:ROQ	-0.30x	GBX-272.69K ≈ $-33.18	GBX909.12K	UK	GBX9.25	▲ +873.68%
28962	LegoChem Biosciences Inc KQ:141080	-0.30x	₩-45.74 Billion ≈ $-31.00 Million	₩152.41 Billion	Korea	₩68300.00	▲ +8.76%
28963	Minesto AB ST:MINEST	-0.30x	Skr-6.68 Million ≈ $-718.66K	Skr22.24 Million	Sweden	Skr0.89	▼ -2.20%
28964	Momentus Inc NASDAQ:MNTS	-0.30x	$-5.62 Million	$18.70 Million	USA	$2.61	▼ -7.12%
28965	Burcelik Bursa Celik Dokum Sanayi AS IS:BURCE	-0.30x	TL-21.19 Million ≈ $-474.58K	TL70.44 Million	Turkey	TL21.04	▼ -4.36%
28966	FSBM Holdings Bhd KLSE:9377	-0.30x	RM-1.78 Million ≈ $-447.90K	RM5.93 Million	Malaysia	RM0.09	▲ +0.00%
28967	Somalogic Inc NASDAQ:SLGC	-0.30x	$-20.57 Million	$68.31 Million	USA	$19.08	▼ -0.10%
28968	Patriot One Technologies Inc F:0PL	-0.30x	€-3.30 Million ≈ $-3.85 Million	€10.94 Million	Germany	€0.31	▼ -2.56%
28969	Mendus AB (publ) ST:IMMU	-0.30x	Skr-20.80 Million ≈ $-2.24 Million	Skr69.03 Million	Sweden	Skr5.40	▲ +5.68%
28970	Athira Pharma Inc NASDAQ:ATHA	-0.30x	$-19.40 Million	$64.36 Million	USA	$7.66	▲ +10.85%
28971	JASTECH Ltd KQ:090470	-0.30x	₩-36.62 Billion ≈ $-24.81 Million	₩121.47 Billion	Korea	₩3905.00	▲ +3.03%
28972	Markforged Holding Corp NYSE:MKFG	-0.30x	$-24.85 Million	$82.41 Million	USA	$4.74	▲ +0.00%
28973	BOOSH PLANT-BASED BRANDS F:77I	-0.30x	€-1.39 Million ≈ $-1.63 Million	€4.62 Million	Germany	€0.00	▲ +0.00%
28974	Genomtec S.A. WAR:GMT	-0.30x	zł-1.81 Million ≈ $-498.96K	zł6.01 Million	Poland	zł2.90	▼ -0.52%
28975	Kuchai Develop Bhd KLSE:2186	-0.30x	RM-522.00K ≈ $-131.06K	RM1.73 Million	Malaysia	RM0.03	▲ +500.00%
28976	Absolicon Solar Collector AB Series B ST:ABSL-B	-0.30x	Skr-1.66 Million ≈ $-178.21K	Skr5.47 Million	Sweden	Skr3.12	▲ +7.59%
28977	Stallion Uranium Corp. V:STUD	-0.30x	CA$-1.09 Million ≈ $-790.02K	CA$3.60 Million	Canada	CA$0.13	▼ -7.41%
28978	Carlin Gold Corporation V:CGD	-0.30x	CA$-13.45K ≈ $-9.73K	CA$44.37K	Canada	CA$1.36	▼ -3.55%
28979	Tier One Silver Inc V:TSLV	-0.30x	CA$-615.18K ≈ $-445.01K	CA$2.03 Million	Canada	CA$0.07	▲ +8.33%
28980	Gunung Raja Paksi JK:GGRP	-0.30x	Rp-65.14 Million ≈ $-3.82K	Rp214.41 Million	Indonesia	Rp328.00	▼ -9.89%
28981	Cyanconnode Holdings PLC LSE:CYAN	-0.30x	GBX-9.15 Million ≈ $-1.11K	GBX30.10 Million	UK	GBX10.10	▲ +0.00%
28982	Nimy Resources Ltd AU:NIM	-0.30x	AU$-1.48 Million ≈ $-1.05 Million	AU$4.88 Million	Australia	AU$0.04	▲ +0.00%
28983	Visionstate Corp V:VIS	-0.30x	CA$-203.02K ≈ $-146.86K	CA$667.66K	Canada	CA$0.02	▲ +0.00%
28984	Nanogroup SA WAR:NNG	-0.30x	zł-1.60 Million ≈ $-440.62K	zł5.26 Million	Poland	zł2.39	▲ +0.42%
28985	Diagnos Inc V:ADK	-0.30x	CA$-824.34K ≈ $-596.31K	CA$2.71 Million	Canada	CA$0.38	▼ -5.00%
28986	Hotel101 Global Holdings Corp. Class A Ordinary Shares NASDAQ:HBNB	-0.31x	$-41.32 Million	$135.19 Million	USA	$4.67	▼ -0.85%
28987	SATO Technologies Corp V:SATO	-0.31x	CA$-2.30 Million ≈ $-1.66 Million	CA$7.52 Million	Canada	CA$0.07	▲ +0.00%
28988	Rakovina Therapeutics Inc V:RKV	-0.31x	CA$-1.04 Million ≈ $-748.85K	CA$3.38 Million	Canada	CA$0.22	▲ +0.00%
28989	Haydale Graphene Industries LSE:HAYD	-0.31x	GBX-2.05 Million ≈ $-249.67	GBX6.69 Million	UK	GBX0.24	▲ +0.00%
28990	Rapid Micro Biosystems Inc NASDAQ:RPID	-0.31x	$-12.48 Million	$40.70 Million	USA	$0.76	▼ -9.60%
28991	Ellwee AB ST:ELLWEE	-0.31x	Skr-4.56 Million ≈ $-490.62K	Skr14.87 Million	Sweden	Skr1.75	▲ +45.83%
28992	California Nanotechnologies Corp V:CNO	-0.31x	CA$-494.71K ≈ $-357.87K	CA$1.61 Million	Canada	CA$0.39	▲ +2.63%
28993	B90 HOLDINGS PLC F:24GN	-0.31x	€-479.93K ≈ $-561.09K	€1.56 Million	Germany	€0.03	▲ +1.75%
28994	Newcore Gold Ltd V:NCAU	-0.31x	CA$-1.12 Million ≈ $-808.85K	CA$3.64 Million	Canada	CA$0.31	▼ -3.17%
28995	Datametrex AI Ltd V:DM	-0.31x	CA$-1.71 Million ≈ $-1.23 Million	CA$5.55 Million	Canada	CA$0.05	▼ -10.00%
28996	BigBearai Holdings Inc NYSE:BBAI	-0.31x	$-21.89 Million	$70.99 Million	USA	$2.16	▼ -7.30%
28997	HDRN NASDAQ:HDRN	-0.31x	$-21.89 Million	$70.99 Million	USA	$0.67	▼ -1.04%
28998	Aware Inc NASDAQ:AWRE	-0.31x	$-2.76 Million	$8.96 Million	USA	$0.90	▲ +2.27%
28999	Metsera, Inc. Common Stock NASDAQ:MTSR	-0.31x	$-58.77 Million	$190.43 Million	USA	$70.50	▲ +0.00%
29000	Q32 Bio Inc NASDAQ:QTTB	-0.31x	$-3.08 Million	$9.96 Million	USA	$7.52	▼ -3.22%

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.