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

31,333
Operating CF, capex, and total liabilities required

Last Updated

Jul 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.
Rank Company Flexibility Index Free Cash Flow Total Liabilities Country Price 24h Change
201 Bookook Securities Co Ltd
KO:001275 		2.99x ₩2.93 Trillion
≈ $1.98 Billion 		₩978.66 Billion Korea ₩30500.00 ▼ -0.65%
202 Reconnaissance Energy Africa Ltd
V:RECO 		2.96x CA$13.80 Million
≈ $9.99 Million 		CA$4.67 Million Canada CA$0.79 ▼ -1.25%
203 KBC Ancora
BR:KBCA 		2.93x €294.80 Million
≈ $344.65 Million 		€100.55 Million Belgium €84.80 ▼ -0.93%
204 Panther Metals Ltd
AU:PNT 		2.92x AU$400.82K
≈ $283.61K 		AU$137.29K Australia AU$0.01 ▼ -14.29%
205 Lontium Semiconductor Corp. A
SHG:688486 		2.92x CN¥197.13 Million
≈ $28.85 Million 		CN¥67.61 Million China CN¥41.88 ▼ -13.02%
206 Rumere Co. Ltd.
SHE:301088 		2.90x CN¥136.89 Million
≈ $20.03 Million 		CN¥47.13 Million China CN¥11.77 ▼ -2.73%
207 Apollo Micro Systems Limited
NSE:APOLLO 		2.89x Rs20.35 Billion
≈ $220.09 Million 		Rs7.04 Billion India Rs397.80 ▼ -0.15%
208 SAGTEC GLOBAL LIMITED Ordinary shares
NASDAQ:SAGT 		2.89x $42.31 Million $14.64 Million USA $0.88 ▼ -1.02%
209 Beowulf Mining PLC
ST:BEO-SDB 		2.88x Skr1.08 Million
≈ $116.11K 		Skr374.80K Sweden Skr1.01 ▲ +1.00%
210 Global Data Centre Group
AU:GDC 		2.85x AU$79.30 Million
≈ $56.11 Million 		AU$27.86 Million Australia AU$1.43 ▲ +0.00%
211 Mesa Royalty Trust
NYSE:MTR 		2.83x $510.91K $180.62K USA $3.11 ▼ -2.20%
212 FATHOM NICKEL INC.
F:6Q5 		2.81x €460.14K
≈ $537.96K 		€163.50K Germany €0.02 ▲ +34.43%
213 Cross Timbers Royalty Trust
NYSE:CRT 		2.80x $4.22 Million $1.51 Million USA $9.86 ▲ +7.41%
214 Tower Resources Ltd
V:TWR 		2.80x CA$868.35K
≈ $628.15K 		CA$310.38K Canada CA$0.16 ▲ +6.67%
215 ECR Minerals plc
LSE:ECR 		2.79x GBX226.45K
≈ $27.55 		GBX81.15K UK GBX0.20 ▲ +0.00%
216 WAM Capital Ltd
AU:WAM 		2.78x AU$114.68 Million
≈ $81.14 Million 		AU$41.32 Million Australia AU$1.57 ▼ -0.95%
217 Focus Minerals Ltd
AU:FML 		2.76x AU$206.10 Million
≈ $145.83 Million 		AU$74.65 Million Australia AU$1.52 ▼ -7.34%
218 Hannon Armstrong Sustainable Infrastructure Capital Inc
NYSE:HASI 		2.75x $15.61 Billion $5.67 Billion USA $38.42 ▼ -1.18%
219 Opple Lighting Co Ltd
SHG:603515 		2.73x CN¥7.12 Billion
≈ $1.04 Billion 		CN¥2.61 Billion China CN¥16.95 ▼ -2.81%
220 Austin Metals Ltd
AU:AYT 		2.69x AU$541.87K
≈ $383.41K 		AU$201.35K Australia AU$0.00 ▲ +0.00%
221 Aurora Energy Metals Ltd
AU:1AE 		2.69x AU$560.79K
≈ $396.79K 		AU$208.63K Australia AU$0.05 ▲ +0.00%
222 NXG NextGen Infrastructure Income Fund
NYSE:NXG 		2.66x $144.69 Million $54.45 Million USA $58.81 ▼ -3.15%
223 Prairie Lithium Limited
AU:PL9 		2.63x AU$10.60 Million
≈ $7.50 Million 		AU$4.03 Million Australia AU$0.01 ▼ -14.29%
224 MFC Industrial Real Estate Investment Trust
BK:MIT 		2.58x ฿359.96 Million
≈ $11.22 Million 		฿139.44 Million Thailand ฿0.41 ▲ +0.00%
225 Source Rock Royalties Ltd
V:SRR 		2.58x CA$1.37 Million
≈ $989.96K 		CA$530.42K Canada CA$0.99 ▼ -1.00%
226 Trinity Freehold & Leasehold PRP Fund
BK:TNPF 		2.58x ฿2.18 Million
≈ $68.10K 		฿847.93K Thailand ฿1.40 ▲ +0.72%
227 Matang Bhd
KLSE:0189 		2.58x RM18.05 Million
≈ $4.53 Million 		RM7.01 Million Malaysia RM0.08 ▲ +0.00%
228 Alkim Kagit Sanayi ve Ticaret AS
IS:ALKA 		2.58x TL266.40 Million
≈ $5.97 Million 		TL103.45 Million Turkey TL9.00 ▼ -1.42%
229 Rightmove PLC
LSE:RMV 		2.57x GBX117.84 Million
≈ $14.34K 		GBX45.88 Million UK GBX451.00 ▼ -1.03%
230 VCI Global Limited Ordinary Share
NASDAQ:VCIG 		2.56x $59.91 Million $23.42 Million USA $0.92 ▼ -14.81%
231 Tekla Healthcare Investors
NYSE:HQH 		2.54x $8.72 Million $3.43 Million USA $20.88 ▲ +0.14%
232 Ramada Investimentos e Industria S.A
LS:RAM 		2.54x €11.74 Million
≈ $13.73 Million 		€4.63 Million Portugal €6.60 ▲ +0.30%
233 Southern Hydropower JSC
VN:SHP 		2.52x ₫134.18 Billion
≈ $5.10 Million 		₫53.29 Billion Vietnam ₫32500.00 ▲ +0.62%
234 Fuji Finance Indonesia Tbk PT
JK:FUJI 		2.51x Rp21.74 Billion
≈ $1.27 Million 		Rp8.65 Billion Indonesia Rp210.00 ▼ -2.78%
235 Teekay Corporation
NYSE:TK 		2.51x $495.02 Million $197.47 Million USA $10.64 ▼ -2.74%
236 Firetail Resources Ltd
AU:FTL 		2.49x AU$2.39 Million
≈ $1.69 Million 		AU$958.84K Australia AU$0.13 ▲ +0.00%
237 Formuepleje Limittellus
CO:FPILIM 		2.49x Dkr4.97K
≈ $777.75 		Dkr2.00K Denmark Dkr296.64 ▼ -1.41%
238 Adyton Resources Corp
V:ADY 		2.48x CA$2.42 Million
≈ $1.75 Million 		CA$978.64K Canada CA$0.28 ▲ +1.85%
239 Polygon-L
TA:POLY 		2.46x ILA11.89 Million
≈ $31.89K 		ILA4.84 Million Israel ILA5250.00 ▼ -0.91%
240 Hangzhou Guotai Environmental Protection Technology Co. Ltd. A
SHE:301203 		2.46x CN¥139.95 Million
≈ $20.48 Million 		CN¥56.91 Million China CN¥35.00 ▼ -5.41%
241 Merit Turizm Yatirim ve Isletme AS
IS:MERIT 		2.46x TL100.63 Million
≈ $2.25 Million 		TL40.94 Million Turkey TL17.51 ▲ +0.06%
242 Zhejiang Tianzhen Technology Co. Ltd. A
SHE:301356 		2.43x CN¥443.05 Million
≈ $64.83 Million 		CN¥182.30 Million China CN¥16.96 ▼ -9.21%
243 CVW CleanTech Inc
V:CVW 		2.41x CA$2.08 Million
≈ $1.50 Million 		CA$861.47K Canada CA$0.79 ▲ +2.60%
244 Indo Borax & Chemicals Limited
NSE:INDOBORAX 		2.41x Rs440.78 Million
≈ $4.77 Million 		Rs182.89 Million India Rs465.70 ▲ +4.07%
245 Renascor Resources Ltd
AU:RNU 		2.41x AU$9.21 Million
≈ $6.52 Million 		AU$3.83 Million Australia AU$0.05 ▼ -3.57%
246 Touch Ventures Ltd
AU:TVL 		2.41x AU$486.00K
≈ $343.88K 		AU$202.00K Australia AU$0.06 ▼ -1.67%
247 Energy Metals Ltd
AU:EME 		2.40x AU$310.33K
≈ $219.58K 		AU$129.45K Australia AU$0.07 ▼ -2.70%
248 Hansa Trust
LSE:HAN 		2.39x GBX3.41 Million
≈ $414.41 		GBX1.42 Million UK GBX326.00 ▼ -1.21%
249 Shandong Shanda Oumasoft CO.LTD.
SHE:301185 		2.39x CN¥98.25 Million
≈ $14.38 Million 		CN¥41.15 Million China CN¥15.38 ▼ -1.79%
250 De Grey Mining Ltd
AU:DEG 		2.38x AU$80.54 Million
≈ $56.99 Million 		AU$33.89 Million Australia AU$2.46 ▲ +0.00%
251 Surana Solar Limited
NSE:SURANASOL 		2.37x Rs234.69 Million
≈ $2.54 Million 		Rs98.95 Million India Rs26.13 ▼ -0.50%
252 Harvest Gold Corp
V:HVG 		2.37x CA$859.69K
≈ $621.89K 		CA$362.92K Canada CA$0.04 ▼ -11.11%
253 TG Metals Ltd
AU:TG6 		2.36x AU$3.37 Million
≈ $2.38 Million 		AU$1.42 Million Australia AU$0.19 ▲ +0.00%
254 Arizona Gold & Silver Inc.
V:AZS 		2.35x CA$780.84K
≈ $564.85K 		CA$332.03K Canada CA$0.58 ▲ +1.75%
255 Doric Nimrod Air Three Ltd
LSE:DNA3 		2.35x GBX9.38 Million
≈ $1.14K 		GBX4.00 Million UK GBX64.00 ▼ -0.78%
256 Next Vision Stabilized Systems
TA:NXSN 		2.34x ILA65.52 Million
≈ $175.65K 		ILA28.00 Million Israel ILA23420.00 ▲ +1.43%
257 Dalian Dalicap Technology Co Ltd
SHE:301566 		2.30x CN¥164.89 Million
≈ $24.13 Million 		CN¥71.78 Million China CN¥21.18 ▼ -9.33%
258 United Plantations Bhd
KLSE:2089 		2.29x RM1.12 Billion
≈ $282.03 Million 		RM491.59 Million Malaysia RM34.60 ▼ -1.14%
259 Endurance Gold Corp
V:EDG 		2.28x CA$1.57 Million
≈ $1.14 Million 		CA$687.19K Canada CA$0.48 ▲ +2.15%
260 Plato Income Maximiser Ltd
AU:PL8 		2.28x AU$23.15 Million
≈ $16.38 Million 		AU$10.14 Million Australia AU$1.41 ▼ -1.40%
261 J.G.CHEMICALS LIMITED
NSE:JGCHEM 		2.27x Rs641.82 Million
≈ $6.94 Million 		Rs282.86 Million India Rs445.45 ▲ +0.44%
262 Chilwa Minerals Ltd
AU:CHW 		2.26x AU$3.61 Million
≈ $2.55 Million 		AU$1.60 Million Australia AU$0.87 ▲ +0.00%
263 Diablo Resources Ltd
AU:DBO 		2.25x AU$584.98K
≈ $413.91K 		AU$260.16K Australia AU$0.01 ▼ -8.33%
264 Bioventix
LSE:BVXP 		2.24x GBX4.47 Million
≈ $543.87 		GBX1.99 Million UK GBX1550.00 ▲ +0.00%
265 SIMFABRIC SA ZY-10
F:853 		2.23x €3.10 Million
≈ $3.63 Million 		€1.39 Million Germany €0.30 ▼ -5.07%
266 Ganesh Housing Corporation Limited
NSE:GANESHHOUC 		2.22x Rs6.27 Billion
≈ $67.76 Million 		Rs2.82 Billion India Rs861.10 ▼ -0.90%
267 360 Capital Mortgage REIT
AU:TCF 		2.19x AU$1.92 Million
≈ $1.35 Million 		AU$875.00K Australia AU$5.72 ▼ -0.69%
268 Creepy Jar SA
WAR:CRJ 		2.18x zł38.97 Million
≈ $10.72 Million 		zł17.86 Million Poland zł477.00 ▲ +0.00%
269 Desert Metals Ltd
AU:DM1 		2.13x AU$706.58K
≈ $499.95K 		AU$331.00K Australia AU$0.01 ▼ -11.11%
270 TINYBUILD REGSCAT3 DL-001
F:8Z3 		2.13x €24.51 Million
≈ $28.65 Million 		€11.50 Million Germany €0.11 ▲ +0.00%
271 Newcap Holding A/S
CO:NEWCAP 		2.12x Dkr5.12 Million
≈ $801.37K 		Dkr2.42 Million Denmark Dkr426.00 ▲ +0.00%
272 Zhejiang Zhengguang Industrial Co. Ltd.
SHE:301092 		2.11x CN¥482.35 Million
≈ $70.58 Million 		CN¥228.41 Million China CN¥61.82 ▲ +11.13%
273 Euro Kapital Yatirim Ortakligi AS
IS:EUKYO 		2.11x TL13.76 Million
≈ $308.11K 		TL6.51 Million Turkey TL13.00 ▲ +5.26%
274 ATEX Resources Inc.
V:ATX 		2.11x CA$21.71 Million
≈ $15.71 Million 		CA$10.29 Million Canada CA$3.36 ▼ -0.30%
275 Volta Finance Ltd
LSE:VTAS 		2.11x GBX28.93 Million
≈ $3.52K 		GBX13.72 Million UK GBX532.50 ▲ +0.00%
276 Renta Corporacion Real Estate SA
MC:REN 		2.10x €19.55 Million
≈ $22.86 Million 		€9.31 Million Spain €0.79 ▲ +0.00%
277 M&G Credit Income Investment Trust PLC
LSE:MGCI 		2.10x GBX5.25 Million
≈ $638.29 		GBX2.50 Million UK GBX93.80 ▲ +0.86%
278 Paterson Resources Ltd
AU:PSL 		2.09x AU$220.44K
≈ $155.98K 		AU$105.61K Australia AU$0.03 ▲ +3.03%
279 River Tech plc
OL:RIVER 		2.07x Nkr4.23 Million
≈ $445.58K 		Nkr2.04 Million Norway Nkr1.40 ▲ +0.00%
280 Khee San Bhd
KLSE:6203 		2.07x RM12.61 Million
≈ $3.17 Million 		RM6.09 Million Malaysia RM0.12 ▲ +0.00%
281 ZheJiang HuaSheng Technology Co.Ltd
SHG:605180 		2.06x CN¥183.13 Million
≈ $26.80 Million 		CN¥88.80 Million China CN¥11.18 ▼ -4.20%
282 Elkop SA
WAR:EKP 		2.05x zł45.00K
≈ $12.38K 		zł22.00K Poland zł2.00 ▲ +0.00%
283 Arrow Greentech Limited
NSE:ARROWGREEN 		2.04x Rs467.60 Million
≈ $5.06 Million 		Rs229.60 Million India Rs670.00 ▼ -3.40%
284 Macompta Fr Sa
PA:MLMCA 		2.03x €2.81 Million
≈ $3.28 Million 		€1.38 Million France €5.15 ▼ -0.96%
285 Wellchange Holdings Company Limited
NASDAQ:WCT 		2.01x $652.80K $325.01K USA $1.16 ▲ +0.00%
286 Austin Gold Corp
NYSE MKT:AUST 		2.00x $257.74K $128.82K USA $1.29 ▲ +2.38%
287 Quantum Helium Limited
LSE:QHE 		1.96x GBX1.80 Million
≈ $219.51 		GBX921.18K UK GBX2.80 ▼ -1.75%
288 Wam Leaders Ltd
AU:WLE 		1.95x AU$86.34 Million
≈ $61.09 Million 		AU$44.23 Million Australia AU$1.37 ▼ -0.36%
289 Zhejiang Hengwei Battery Co. Ltd.
SHE:301222 		1.93x CN¥224.08 Million
≈ $32.79 Million 		CN¥116.29 Million China CN¥25.40 ▼ -6.58%
290 New Age Metals Inc
V:NAM 		1.92x CA$458.63K
≈ $331.77K 		CA$238.70K Canada CA$0.25 ▼ -2.00%
291 Perdana Petroleum Bhd
KLSE:7108 		1.92x RM214.41 Million
≈ $53.83 Million 		RM111.86 Million Malaysia RM0.18 ▲ +0.00%
292 Helium Evolution Inc
V:HEVI 		1.91x CA$3.04 Million
≈ $2.20 Million 		CA$1.59 Million Canada CA$0.18 ▲ +0.00%
293 NO GRAVITY GAMES ZY -10
F:8YX 		1.91x €1.48 Million
≈ $1.73 Million 		€776.14K Germany €0.03 ▼ -8.23%
294 Scynexis Inc
NASDAQ:SCYX 		1.91x $18.40 Million $9.65 Million USA $4.27 ▼ -4.69%
295 Mid Wynd International Investment Trust plc
LSE:MWY 		1.90x GBX1.34 Million
≈ $163.28 		GBX705.00K UK GBX756.00 ▼ -1.82%
296 Gaming Realms plc
LSE:GMR 		1.90x GBX9.42 Million
≈ $1.15K 		GBX4.96 Million UK GBX32.00 ▲ +3.23%
297 Future Generation Australia Ltd
AU:FGX 		1.90x AU$72.53 Million
≈ $51.32 Million 		AU$38.17 Million Australia AU$1.35 ▼ -0.74%
298 Carnavale Resources Ltd
AU:CAV 		1.89x AU$459.58K
≈ $325.18K 		AU$242.97K Australia AU$0.08 ▲ +0.00%
299 BlackRock ESG Capital Allocation Trust
NYSE:ECAT 		1.89x $344.62 Million $182.33 Million USA $15.31 ▼ -1.73%
300 Loncor Resources Inc
TO:LN 		1.86x CA$3.31 Million
≈ $2.39 Million 		CA$1.78 Million Canada CA$1.38 ▲ +0.00%