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.

Rank Company Flexibility Index Free Cash Flow Total Liabilities Country Price 24h Change
201 Itech Minerals Ltd
AU:ITM 		3.01x AU$1.11 Million
≈ $788.48K 		AU$369.87K Australia AU$0.04 ▲ +0.00%
202 Reconnaissance Energy Africa Ltd
V:RECO 		2.96x CA$13.80 Million
≈ $9.99 Million 		CA$4.67 Million Canada CA$0.56 ▼ -1.75%
203 KBC Ancora
BR:KBCA 		2.93x €294.80 Million
≈ $344.65 Million 		€100.55 Million Belgium €96.50 ▲ +0.63%
204 Panther Metals Ltd
AU:PNT 		2.92x AU$400.82K
≈ $283.61K 		AU$137.29K Australia AU$0.01 ▲ +0.00%
205 Lontium Semiconductor Corp. A
SHG:688486 		2.92x CN¥197.13 Million
≈ $28.85 Million 		CN¥67.61 Million China CN¥40.94 ▼ -2.36%
206 Rumere Co. Ltd.
SHE:301088 		2.90x CN¥136.89 Million
≈ $20.03 Million 		CN¥47.13 Million China CN¥13.01 ▼ -0.15%
207 SAGTEC GLOBAL LIMITED Ordinary shares
NASDAQ:SAGT 		2.89x $42.31 Million $14.64 Million USA $0.42 ▼ -2.27%
208 Beowulf Mining PLC
ST:BEO-SDB 		2.88x Skr1.08 Million
≈ $116.11K 		Skr374.80K Sweden Skr0.70 ▲ +4.48%
209 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%
210 Mesa Royalty Trust
NYSE:MTR 		2.83x $510.91K $180.62K USA $2.02 ▼ -0.99%
211 Cross Timbers Royalty Trust
NYSE:CRT 		2.80x $4.22 Million $1.51 Million USA $12.80 ▼ -0.47%
212 ECR Minerals plc
LSE:ECR 		2.79x GBX226.45K
≈ $27.55 		GBX81.15K UK GBX0.15 ▲ +7.41%
213 WAM Capital Ltd
AU:WAM 		2.78x AU$114.68 Million
≈ $81.14 Million 		AU$41.32 Million Australia AU$1.01 ▼ -0.98%
214 Opple Lighting Co Ltd
SHG:603515 		2.78x CN¥7.12 Billion
≈ $1.04 Billion 		CN¥2.57 Billion China CN¥15.01 ▼ -1.44%
215 Focus Minerals Ltd
AU:FML 		2.76x AU$206.10 Million
≈ $145.83 Million 		AU$74.65 Million Australia AU$1.81 ▲ +3.43%
216 Hannon Armstrong Sustainable Infrastructure Capital Inc
NYSE:HASI 		2.75x $15.61 Billion $5.67 Billion USA $36.42 ▼ -1.03%
217 Founders Metals Inc.
V:FDR 		2.74x CA$28.19 Million
≈ $20.39 Million 		CA$10.30 Million Canada CA$7.69 ▼ -1.41%
218 Ellington Residential Mortgage
NYSE:EARN 		2.72x $182.05 Million $66.83 Million USA $3.46 ▲ +3.90%
219 Rights and Issues Investment Trust Public Limited Company
LSE:RIII 		2.70x GBX1.18 Million
≈ $143.09 		GBX435.00K UK GBX2500.00 ▲ +0.00%
220 Aurora Energy Metals Ltd
AU:1AE 		2.69x AU$560.79K
≈ $396.79K 		AU$208.63K Australia AU$0.05 ▼ -7.84%
221 NXG NextGen Infrastructure Income Fund
NYSE:NXG 		2.66x $144.69 Million $54.45 Million USA $49.36 ▼ -5.98%
222 NV Gold Corp
V:NVX 		2.65x CA$297.00K
≈ $214.84K 		CA$111.91K Canada CA$1.13 ▼ -3.42%
223 Prairie Lithium Limited
AU:PL9 		2.63x AU$10.60 Million
≈ $7.50 Million 		AU$4.03 Million Australia AU$0.01 ▲ +20.00%
224 E4U a.s.
PR:EFORU 		2.62x Kč69.09 Million
≈ $3.31 Million 		Kč26.34 Million Czech Republic Kč232.00 ▲ +2.65%
225 MFC Industrial Real Estate Investment Trust
BK:MIT 		2.58x ฿359.96 Million
≈ $11.22 Million 		฿139.44 Million Thailand ฿0.41 ▲ +0.00%
226 Trinity Freehold & Leasehold PRP Fund
BK:TNPF 		2.58x ฿2.18 Million
≈ $68.10K 		฿847.93K Thailand ฿1.40 ▲ +0.00%
227 Alkim Kagit Sanayi ve Ticaret AS
IS:ALKA 		2.58x TL266.40 Million
≈ $5.97 Million 		TL103.45 Million Turkey TL5.46 ▼ -4.55%
228 Tekla Healthcare Investors
NYSE:HQH 		2.54x $8.72 Million $3.43 Million USA $18.98 ▼ -1.66%
229 Ramada Investimentos e Industria S.A
LS:RAM 		2.54x €11.74 Million
≈ $13.73 Million 		€4.63 Million Portugal €6.54 ▲ +0.31%
230 Fuji Finance Indonesia Tbk PT
JK:FUJI 		2.51x Rp21.74 Billion
≈ $1.27 Million 		Rp8.65 Billion Indonesia Rp238.00 ▼ -15.00%
231 Teekay Corporation
NYSE:TK 		2.51x $495.02 Million $197.47 Million USA $14.06 ▲ +0.50%
232 Firetail Resources Ltd
AU:FTL 		2.49x AU$2.39 Million
≈ $1.69 Million 		AU$958.84K Australia AU$0.13 ▲ +0.00%
233 360 Capital Mortgage REIT
AU:TCF 		2.49x AU$1.92 Million
≈ $1.35 Million 		AU$769.00K Australia AU$4.85 ▲ +1.25%
234 Formuepleje Limittellus
CO:FPILIM 		2.49x Dkr4.97K
≈ $777.75 		Dkr2.00K Denmark Dkr296.64 ▼ -1.41%
235 Adyton Resources Corp
V:ADY 		2.48x CA$2.42 Million
≈ $1.75 Million 		CA$978.64K Canada CA$0.40 ▲ +0.00%
236 BlackRock Energy and Resources Closed Fund
NYSE:BGR 		2.46x $4.23 Million $1.72 Million USA $18.36 ▲ +1.94%
237 Polygon-L
TA:POLY 		2.46x ILA11.89 Million
≈ $31.89K 		ILA4.84 Million Israel ILA5210.00 ▲ +4.18%
238 Merit Turizm Yatirim ve Isletme AS
IS:MERIT 		2.46x TL100.63 Million
≈ $2.25 Million 		TL40.94 Million Turkey TL12.87 ▼ -2.13%
239 Turcas Petrol AS
IS:TRCAS 		2.44x TL110.07 Million
≈ $2.47 Million 		TL45.18 Million Turkey TL42.38 ▼ -2.71%
240 Rightmove PLC
LSE:RMV 		2.44x GBX124.64 Million
≈ $15.16K 		GBX51.16 Million UK GBX541.40 ▲ +1.23%
241 Zhejiang Tianzhen Technology Co. Ltd. A
SHE:301356 		2.43x CN¥443.05 Million
≈ $64.83 Million 		CN¥182.30 Million China CN¥21.23 ▼ -0.93%
242 Cheetah Holdings Bhd
KLSE:7209 		2.42x RM13.68 Million
≈ $3.43 Million 		RM5.65 Million Malaysia RM0.12 ▲ +4.55%
243 CVW Sustainable Royalties Inc.
V:CVW 		2.41x CA$2.08 Million
≈ $1.50 Million 		CA$861.47K Canada CA$0.75 ▲ +0.00%
244 SIMFABRIC SA ZY-10
F:853 		2.41x €4.00 Million
≈ $4.68 Million 		€1.66 Million Germany €0.26 ▲ +0.00%
245 Indo Borax & Chemicals Limited
NSE:INDOBORAX 		2.41x Rs440.78 Million
≈ $4.77 Million 		Rs182.89 Million India Rs472.40 ▼ -0.94%
246 Renascor Resources Ltd
AU:RNU 		2.41x AU$9.21 Million
≈ $6.52 Million 		AU$3.83 Million Australia AU$0.05 ▼ -1.96%
247 Touch Ventures Ltd
AU:TVL 		2.41x AU$486.00K
≈ $343.88K 		AU$202.00K Australia AU$0.06 ▲ +0.00%
248 Energy Metals Ltd
AU:EME 		2.40x AU$310.33K
≈ $219.58K 		AU$129.45K Australia AU$0.09 ▲ +4.71%
249 Arrow Greentech Limited
NSE:ARROWGREEN 		2.39x Rs467.60 Million
≈ $5.06 Million 		Rs196.00 Million India Rs805.75 ▼ -1.72%
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 Rs22.96 ▲ +0.92%
252 TG Metals Ltd
AU:TG6 		2.36x AU$3.37 Million
≈ $2.38 Million 		AU$1.42 Million Australia AU$0.18 ▲ +0.00%
253 Onano Industrial Corp
TW:6405 		2.35x NT$40.80 Million
≈ $1.29 Million 		NT$17.37 Million Taiwan NT$39.90 ▲ +2.31%
254 Doric Nimrod Air Three Ltd
LSE:DNA3 		2.35x GBX9.38 Million
≈ $1.14K 		GBX4.00 Million UK GBX64.00 ▼ -0.78%
255 Next Vision Stabilized Systems
TA:NXSN 		2.34x ILA65.52 Million
≈ $175.65K 		ILA28.00 Million Israel ILA18270.00 ▼ -4.35%
256 Altamira Gold Corp
V:ALTA 		2.30x CA$1.50 Million
≈ $1.09 Million 		CA$653.54K Canada CA$0.24 ▲ +0.00%
257 NVE Corporation
NASDAQ:NVEC 		2.29x $5.36 Million $2.34 Million USA $99.13 ▼ -4.41%
258 Endurance Gold Corp
V:EDG 		2.28x CA$1.57 Million
≈ $1.14 Million 		CA$687.19K Canada CA$0.38 ▼ -9.52%
259 Plato Income Maximiser Ltd
AU:PL8 		2.28x AU$23.15 Million
≈ $16.38 Million 		AU$10.14 Million Australia AU$1.39 ▲ +0.00%
260 J.G.CHEMICALS LIMITED
NSE:JGCHEM 		2.27x Rs641.82 Million
≈ $6.94 Million 		Rs282.86 Million India Rs637.80 ▲ +1.33%
261 Chilwa Minerals Ltd
AU:CHW 		2.26x AU$3.61 Million
≈ $2.55 Million 		AU$1.60 Million Australia AU$0.71 ▼ -2.07%
262 Diablo Resources Ltd
AU:DBO 		2.25x AU$584.98K
≈ $413.91K 		AU$260.16K Australia AU$0.01 ▲ +0.00%
263 Ruffer Investment Company Limited
LSE:RICA 		2.25x GBX14.61 Million
≈ $1.78K 		GBX6.50 Million UK GBX291.00 ▲ +0.34%
264 Bioventix
LSE:BVXP 		2.24x GBX4.47 Million
≈ $543.87 		GBX1.99 Million UK GBX1800.00 ▲ +2.86%
265 Tirupati Graphite plc
LSE:TGR 		2.23x GBX13.72 Million
≈ $1.67K 		GBX6.15 Million UK GBX0.83 ▲ +3.12%
266 Ganesh Housing Corporation Limited
NSE:GANESHHOUC 		2.22x Rs6.27 Billion
≈ $67.76 Million 		Rs2.82 Billion India Rs861.10 ▲ +0.00%
267 Creepy Jar SA
WAR:CRJ 		2.18x zł38.97 Million
≈ $10.72 Million 		zł17.86 Million Poland zł401.00 ▼ -0.50%
268 3R Games SA
WAR:3RG 		2.14x zł1.96 Million
≈ $540.25K 		zł916.00K Poland zł0.67 ▼ -4.58%
269 Desert Metals Ltd
AU:DM1 		2.13x AU$706.58K
≈ $499.95K 		AU$331.00K Australia AU$0.01 ▲ +40.00%
270 TINYBUILD REGSCAT3 DL-001
F:8Z3 		2.13x €24.51 Million
≈ $28.65 Million 		€11.50 Million Germany €0.11 ▼ -3.45%
271 Newcap Holding A/S
CO:NEWCAP 		2.12x Dkr5.12 Million
≈ $801.37K 		Dkr2.42 Million Denmark Dkr550.00 ▲ +0.00%
272 Euro Kapital Yatirim Ortakligi AS
IS:EUKYO 		2.11x TL13.76 Million
≈ $308.11K 		TL6.51 Million Turkey TL9.40 ▲ +3.30%
273 ATEX Resources Inc.
V:ATX 		2.11x CA$21.71 Million
≈ $15.71 Million 		CA$10.29 Million Canada CA$3.36 ▼ -0.30%
274 Wheaton Precious Metals Corp
TO:WPM 		2.08x CA$5.15 Billion
≈ $3.73 Billion 		CA$2.47 Billion Canada CA$189.71 ▲ +0.44%
275 River Tech plc
OL:RIVER 		2.07x Nkr4.23 Million
≈ $445.58K 		Nkr2.04 Million Norway Nkr1.40 ▲ +0.00%
276 Khee San Bhd
KLSE:6203 		2.07x RM12.61 Million
≈ $3.17 Million 		RM6.09 Million Malaysia RM0.10 ▼ -5.00%
277 ZheJiang HuaSheng Technology Co.Ltd
SHG:605180 		2.06x CN¥183.13 Million
≈ $26.80 Million 		CN¥88.80 Million China CN¥13.20 ▲ +1.93%
278 United Plantations Bhd
KLSE:2089 		2.05x RM1.12 Billion
≈ $282.03 Million 		RM548.41 Million Malaysia RM30.60 ▲ +0.00%
279 Elkop SA
WAR:EKP 		2.05x zł45.00K
≈ $12.38K 		zł22.00K Poland zł2.14 ▲ +0.94%
280 Macompta Fr Sa
PA:MLMCA 		2.03x €2.81 Million
≈ $3.28 Million 		€1.38 Million France €5.15 ▼ -0.96%
281 Wam Global Ltd
AU:WGB 		2.03x AU$38.41 Million
≈ $27.18 Million 		AU$18.95 Million Australia AU$1.98 ▲ +0.00%
282 Dalian Dalicap Technology Co Ltd
SHE:301566 		2.01x CN¥164.89 Million
≈ $24.13 Million 		CN¥82.07 Million China CN¥20.85 ▼ -1.60%
283 Austin Gold Corp
NYSE MKT:AUST 		2.00x $257.74K $128.82K USA $1.29 ▲ +2.38%
284 SMARTER WEB CO.PLC LS-001
F:3M8 		1.98x €52.07 Million
≈ $60.88 Million 		€26.24 Million Germany €0.60 ▲ +5.79%
285 ICG Longbow Senior Secured UK Property Debt Investments Ltd
LSE:LBOW 		1.97x GBX668.47K
≈ $81.33 		GBX339.83K UK GBX13.05 ▲ +0.38%
286 Quantum Helium Limited
LSE:QHE 		1.96x GBX1.80 Million
≈ $219.51 		GBX921.18K UK GBX1.45 ▼ -1.69%
287 Texas Pacific Land Corporation
NYSE:TPL 		1.95x $364.07 Million $187.08 Million USA $350.92 ▲ +1.27%
288 Element 29 Resources Inc
V:ECU 		1.94x CA$2.42 Million
≈ $1.75 Million 		CA$1.25 Million Canada CA$1.69 ▼ -0.88%
289 Thor Explorations Ltd.
V:THX 		1.93x CA$56.86 Million
≈ $41.13 Million 		CA$29.46 Million Canada CA$1.03 ▲ +0.98%
290 Zhejiang Zhengguang Industrial Co. Ltd.
SHE:301092 		1.93x CN¥482.35 Million
≈ $70.58 Million 		CN¥249.99 Million China CN¥43.80 ▲ +8.15%
291 Zhejiang Hengwei Battery Co. Ltd.
SHE:301222 		1.93x CN¥224.08 Million
≈ $32.79 Million 		CN¥116.29 Million China CN¥21.97 ▲ +0.18%
292 New Age Metals Inc
V:NAM 		1.92x CA$458.63K
≈ $331.77K 		CA$238.70K Canada CA$0.18 ▲ +2.86%
293 Perdana Petroleum Bhd
KLSE:7108 		1.92x RM214.41 Million
≈ $53.83 Million 		RM111.86 Million Malaysia RM0.14 ▲ +0.00%
294 NO GRAVITY GAMES ZY -10
F:8YX 		1.91x €1.48 Million
≈ $1.73 Million 		€776.14K Germany €0.03 ▼ -8.23%
295 Gaming Realms plc
LSE:GMR 		1.90x GBX9.42 Million
≈ $1.15K 		GBX4.96 Million UK GBX32.00 ▲ +3.90%
296 Carnavale Resources Ltd
AU:CAV 		1.89x AU$459.58K
≈ $325.18K 		AU$242.97K Australia AU$0.08 ▲ +5.33%
297 BlackRock ESG Capital Allocation Trust
NYSE:ECAT 		1.89x $344.62 Million $182.33 Million USA $13.22 ▼ -2.58%
298 PLAYWAY SA
WAR:PLW 		1.87x zł69.12 Million
≈ $19.02 Million 		zł36.92 Million Poland zł246.00 ▲ +0.41%
299 Smartgen (Zhengzhou) Technology Co. Ltd. A
SHE:301361 		1.86x CN¥99.73 Million
≈ $14.59 Million 		CN¥53.59 Million China CN¥27.20 ▼ -3.51%
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%

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.