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.
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 |
|---|---|---|---|---|---|---|---|
| 301 |
NOMADAR Corp. Class A Common Stock
NASDAQ:NOMA |
1.85x | $9.48 Million | $5.12 Million | USA | $1.70 | ▲ +6.25% |
| 302 |
Talaad Thai Leasehold Property Fund
BK:TTLPF |
1.83x |
฿77.36 Million
≈ $2.41 Million |
฿42.32 Million | Thailand | ฿10.60 | ▲ +0.00% |
| 303 |
Concord Biotech Limited
NSE:CONCORDBIO |
1.83x |
Rs3.59 Billion
≈ $38.78 Million |
Rs1.96 Billion | India | Rs1339.00 | ▼ -1.06% |
| 304 |
Koza Altin Isletmeleri AS
IS:KOZAL |
1.82x |
TL8.34 Billion
≈ $186.74 Million |
TL4.58 Billion | Turkey | TL40.00 | ▲ +0.35% |
| 305 |
International Biotechnology Trust plc
LSE:IBT |
1.81x |
GBX62.61 Million
≈ $7.62K |
GBX34.63 Million | UK | GBX994.00 | ▼ -3.02% |
| 306 |
Choo Bee Metal Industries Bhd
KLSE:5797 |
1.80x |
RM20.34 Million
≈ $5.11 Million |
RM11.28 Million | Malaysia | RM0.49 | ▲ +0.00% |
| 307 |
Defense Metals Corp
V:DEFN |
1.79x |
CA$3.42 Million
≈ $2.47 Million |
CA$1.91 Million | Canada | CA$0.11 | ▲ +10.53% |
| 308 |
Torrent Capital Ltd
V:TORR |
1.78x |
CA$2.52 Million
≈ $1.82 Million |
CA$1.42 Million | Canada | CA$0.59 | ▲ +0.00% |
| 309 |
Investcorp Europe Acquisition I Corp
NASDAQ:IVCB |
1.77x | $17.90 Million | $10.09 Million | USA | $12.50 | ▲ +0.00% |
| 310 |
Global Opportunities Trust Ord
LSE:GOT |
1.77x |
GBX4.25 Million
≈ $516.62 |
GBX2.40 Million | UK | GBX322.00 | ▼ -0.31% |
| 311 |
PDZ Holdings Bhd
KLSE:6254 |
1.77x |
RM16.11 Million
≈ $4.04 Million |
RM9.13 Million | Malaysia | RM0.04 | ▲ +16.67% |
| 312 |
WCON Electronics (Guangdong) Co. Ltd. A
SHE:301328 |
1.76x |
CN¥335.50 Million
≈ $49.09 Million |
CN¥190.43 Million | China | CN¥41.70 | ▼ -0.69% |
| 313 |
Reach Resources Ltd
AU:RR1 |
1.76x |
AU$830.37K
≈ $587.54K |
AU$471.57K | Australia | AU$0.01 | ▲ +9.09% |
| 314 |
GREEN SHIFT COMMODITIES
F:7WV |
1.76x |
€671.31K
≈ $784.83K |
€382.46K | Germany | €0.02 | ▲ +0.00% |
| 315 |
Bantas Bandirma Ambalaj Sanayi ve Ticaret AS
IS:BNTAS |
1.75x |
TL37.25 Million
≈ $834.31K |
TL21.32 Million | Turkey | TL5.06 | ▼ -2.13% |
| 316 |
Koza Anadolu Metal Madencilik Isletmeleri AS
IS:KOZAA |
1.74x |
TL8.73 Billion
≈ $195.47 Million |
TL5.01 Billion | Turkey | TL104.40 | ▲ +1.85% |
| 317 |
MeHow Innovative Ltd. A
SHE:301363 |
1.74x |
CN¥813.86 Million
≈ $119.09 Million |
CN¥467.62 Million | China | CN¥14.90 | ▼ -2.42% |
| 318 |
INFLECTION RESOURCES LTD.
F:5VJ |
1.74x |
€553.75K
≈ $647.39K |
€318.29K | Germany | €0.09 | ▲ +0.00% |
| 319 |
Meiwu Technology Co Ltd
NASDAQ:WNW |
1.73x | $2.31 Million | $1.34 Million | USA | $2.14 | ▲ +2.88% |
| 320 |
E2E Networks Limited
NSE:E2E |
1.72x |
Rs11.07 Billion
≈ $119.70 Million |
Rs6.43 Billion | India | Rs694.85 | ▼ -2.26% |
| 321 |
Daxor Corporation
NASDAQ:DXR |
1.71x | $467.04K | $272.43K | USA | $10.05 | ▼ -1.47% |
| 322 |
Bit Origin Ltd
NASDAQ:BTOG |
1.71x | $634.60K | $372.08K | USA | $2.10 | ▼ -4.98% |
| 323 |
Great Western Exploration Ltd
AU:GTE |
1.70x |
AU$421.16K
≈ $298.00K |
AU$247.30K | Australia | AU$0.01 | ▼ -12.50% |
| 324 |
SKAKO A/S
CO:SKAKO |
1.70x |
Dkr14.79 Million
≈ $2.31 Million |
Dkr8.71 Million | Denmark | Dkr12.20 | ▲ +2.09% |
| 325 |
Rand Mining Ltd
AU:RND |
1.69x |
AU$11.20 Million
≈ $7.92 Million |
AU$6.63 Million | Australia | AU$2.14 | ▼ -1.83% |
| 326 |
Hangzhou AGS MedTech Co. Ltd. A
SHG:688581 |
1.69x |
CN¥214.67 Million
≈ $31.41 Million |
CN¥127.24 Million | China | CN¥51.43 | ▲ +0.23% |
| 327 |
Medprin Regenerative Medical Technologies Co. Ltd.
SHE:301033 |
1.68x |
CN¥149.55 Million
≈ $21.88 Million |
CN¥88.79 Million | China | CN¥47.64 | ▼ -0.25% |
| 328 |
Univanich Palm Oil Public Company Limited
BK:UVAN |
1.67x |
฿1.25 Billion
≈ $38.88 Million |
฿746.51 Million | Thailand | ฿13.00 | ▼ -0.76% |
| 329 |
High-Tech Metals Ltd
AU:HTM |
1.67x |
AU$427.80K
≈ $302.70K |
AU$256.47K | Australia | AU$0.26 | ▲ +0.00% |
| 330 |
Alpha Trust Andromeda Investment Trust S.A
AT:ANDRO |
1.67x |
€3.76 Million
≈ $4.40 Million |
€2.26 Million | Greece | €8.18 | ▲ +0.99% |
| 331 |
Manhattan Corporation Ltd
AU:MHC |
1.67x |
AU$246.24K
≈ $174.23K |
AU$147.69K | Australia | AU$0.02 | ▲ +0.00% |
| 332 |
Cadogan Petroleum plc
LSE:CAD |
1.67x |
GBX2.83 Million
≈ $344.33 |
GBX1.70 Million | UK | GBX4.00 | ▲ +0.00% |
| 333 |
Fitters Diversified Bhd
KLSE:9318 |
1.66x |
RM175.82 Million
≈ $44.14 Million |
RM105.66 Million | Malaysia | RM0.02 | ▲ +0.00% |
| 334 |
Jiangsu Evergreen New Material Technology Inc. Co. A
SHG:603125 |
1.66x |
CN¥285.74 Million
≈ $41.81 Million |
CN¥171.81 Million | China | CN¥19.23 | ▲ +0.47% |
| 335 |
Hubei Jianghan New Materials Co. Ltd. A
SHG:603281 |
1.66x |
CN¥583.46 Million
≈ $85.38 Million |
CN¥351.43 Million | China | CN¥16.93 | ▲ +0.95% |
| 336 |
Alps Industries Limited
NSE:ALPSINDUS |
1.65x |
Rs186.49 Million
≈ $2.02 Million |
Rs112.92 Million | India | Rs34.30 | ▲ +0.00% |
| 337 |
Innovita Biological Technology Co. Ltd. A
SHG:688253 |
1.65x |
CN¥224.26 Million
≈ $32.82 Million |
CN¥136.00 Million | China | CN¥47.63 | ▼ -2.20% |
| 338 |
Dnake Xiamen Intelligent Technology
SHE:300884 |
1.65x |
CN¥818.41 Million
≈ $119.76 Million |
CN¥496.42 Million | China | CN¥11.22 | ▲ +1.63% |
| 339 |
Mingyue Optical Lens Co.Ltd.
SHE:301101 |
1.64x |
CN¥379.67 Million
≈ $55.56 Million |
CN¥231.16 Million | China | CN¥28.73 | ▼ -0.24% |
| 340 |
Baring Emerging Europe Plc
LSE:BEMO |
1.64x |
GBX1.49 Million
≈ $181.72 |
GBX911.00K | UK | GBX845.00 | ▼ -1.46% |
| 341 |
Standard Industries Limited
NSE:SIL |
1.64x |
Rs722.00 Million
≈ $7.81 Million |
Rs441.07 Million | India | Rs14.94 | ▼ -2.86% |
| 342 |
Farmmi Inc
NASDAQ:FAMI |
1.63x | $37.89 Million | $23.18 Million | USA | $0.11 | ▼ -2.48% |
| 343 |
Mill City Ventures III Ltd
NASDAQ:MCVT |
1.62x | $310.24K | $191.09K | USA | $27.30 | ▼ -0.17% |
| 344 |
Infinity Mining Ltd
AU:IMI |
1.61x |
AU$634.07K
≈ $448.65K |
AU$392.72K | Australia | AU$0.01 | ▲ +0.00% |
| 345 |
Harmony Energy Income Trust PLC
LSE:HEIT |
1.61x |
GBX600.12K
≈ $73.02 |
GBX373.69K | UK | GBX2.07 | ▲ +0.00% |
| 346 |
SHIMANO INC. UNSP.ADR/10
F:SHM1 |
1.60x |
€109.73 Billion
≈ $128.29 Billion |
€68.75 Billion | Germany | €8.20 | ▼ -4.09% |
| 347 |
HANSOH PHARMAC. HD-00001
F:3KY |
1.59x |
€7.23 Billion
≈ $8.45 Billion |
€4.54 Billion | Germany | €3.55 | ▲ +2.87% |
| 348 |
Fineos Corporation Holdings Plc
AU:FCL |
1.59x |
AU$52.98 Million
≈ $37.48 Million |
AU$33.29 Million | Australia | AU$1.80 | ▲ +1.99% |
| 349 |
Source Rock Royalties Ltd
V:SRR |
1.59x |
CA$927.25K
≈ $670.76K |
CA$583.71K | Canada | CA$1.09 | ▲ +1.87% |
| 350 |
HDFC Asset Management Company Limited
NSE:HDFCAMC |
1.59x |
Rs12.11 Billion
≈ $130.93 Million |
Rs7.63 Billion | India | Rs2398.60 | ▼ -0.68% |
| 351 |
Nanjing Medlander Medical Technology Co. Ltd. A
SHG:688273 |
1.59x |
CN¥252.21 Million
≈ $36.91 Million |
CN¥158.97 Million | China | CN¥26.05 | ▲ +0.35% |
| 352 |
G2 Goldfields Inc.
TO:GTWO |
1.58x |
CA$6.30 Million
≈ $4.55 Million |
CA$3.98 Million | Canada | CA$9.68 | ▲ +5.33% |
| 353 |
Guangzhou Newlife New Material Co. Ltd. A
SHE:301323 |
1.58x |
CN¥228.91 Million
≈ $33.50 Million |
CN¥145.09 Million | China | CN¥59.55 | ▼ -0.35% |
| 354 |
Shanghai Urban Architecture Design Co. Ltd.
SHE:300983 |
1.58x |
CN¥122.79 Million
≈ $17.97 Million |
CN¥77.92 Million | China | CN¥33.66 | ▼ -0.33% |
| 355 |
CD PROJEKT (UNSP.ADR)1/4
F:7CD0 |
1.57x |
€373.61 Million
≈ $436.79 Million |
€237.60 Million | Germany | €16.80 | ▲ +3.70% |
| 356 |
ACLARA RESOURCES INC.
F:JD1 |
1.57x |
€17.17 Million
≈ $20.07 Million |
€10.94 Million | Germany | €1.83 | ▼ -3.17% |
| 357 |
HIVE Digital Technologies Ltd.
V:HIVE |
1.56x |
CA$100.97 Million
≈ $73.04 Million |
CA$64.72 Million | Canada | CA$3.82 | ▼ -6.83% |
| 358 |
Suzhou Weizhixiang Food Co. Ltd.
SHG:605089 |
1.56x |
CN¥116.35 Million
≈ $17.03 Million |
CN¥74.73 Million | China | CN¥22.31 | ▼ -1.37% |
| 359 |
Hwail Pharmaceutical Co.Ltd
KQ:061250 |
1.55x |
₩8.21 Billion
≈ $5.56 Million |
₩5.29 Billion | Korea | ₩6290.00 | ▲ +5.54% |
| 360 |
elexxion AG
XETRA:E8X |
1.55x |
€7.08K
≈ $8.28K |
€4.57K | Germany | €0.14 | ▲ +1.45% |
| 361 |
Solis Minerals Ltd
AU:SLM |
1.55x |
AU$1.55 Million
≈ $1.10 Million |
AU$1.00 Million | Australia | AU$0.04 | ▲ +5.41% |
| 362 |
Perseus Mining Ltd
TO:PRU |
1.54x |
CA$715.32 Million
≈ $517.45 Million |
CA$464.83 Million | Canada | CA$6.12 | ▲ +1.66% |
| 363 |
Perseus Mining Ltd
AU:PRU |
1.54x |
AU$716.36 Million
≈ $506.87 Million |
AU$465.51 Million | Australia | AU$6.25 | ▲ +4.17% |
| 364 |
Strategem Capital Corp
V:SGE |
1.54x |
CA$83.00K
≈ $60.04K |
CA$54.00K | Canada | CA$0.65 | ▲ +0.00% |
| 365 |
Stonehorse Energy Ltd
AU:SHE |
1.54x |
AU$512.99K
≈ $362.97K |
AU$333.78K | Australia | AU$0.01 | ▲ +9.09% |
| 366 |
Wam Microcap Ltd
AU:WMI |
1.54x |
AU$13.44 Million
≈ $9.51 Million |
AU$8.75 Million | Australia | AU$1.24 | ▼ -1.31% |
| 367 |
Nico Resources Ltd
AU:NC1 |
1.53x |
AU$665.00K
≈ $470.53K |
AU$434.09K | Australia | AU$0.09 | ▲ +1.11% |
| 368 |
Elysee Development Corp
V:ELC |
1.52x |
CA$2.81 Million
≈ $2.03 Million |
CA$1.84 Million | Canada | CA$0.57 | ▲ +0.00% |
| 369 |
Games Workshop Group PLC
LSE:GAW |
1.52x |
GBX155.20 Million
≈ $18.88K |
GBX102.20 Million | UK | GBX16990.00 | ▼ -0.59% |
| 370 |
FANUC CORP.UNSP.ADR 1/10
F:FUCA |
1.52x |
€296.08 Billion
≈ $346.15 Billion |
€195.14 Billion | Germany | €16.40 | ▼ -3.53% |
| 371 |
Yew Lee Pacific Group Berhad
KLSE:0248 |
1.52x |
RM4.95 Million
≈ $1.24 Million |
RM3.26 Million | Malaysia | RM0.63 | ▲ +0.00% |
| 372 |
Metals Exploration Plc
LSE:MTL |
1.51x |
GBX106.39 Million
≈ $12.94K |
GBX70.39 Million | UK | GBX16.80 | ▲ +0.36% |
| 373 |
Dynamic Metals Ltd
AU:DYM |
1.51x |
AU$1.20 Million
≈ $848.83K |
AU$793.85K | Australia | AU$0.57 | ▼ -5.83% |
| 374 |
VYTRUS BIOTECH EO -01
F:V5P |
1.51x |
€6.58 Million
≈ $7.69 Million |
€4.35 Million | Germany | €15.60 | ▲ +1.30% |
| 375 |
Greentech Metals Ltd
AU:GRE |
1.51x |
AU$609.38K
≈ $431.18K |
AU$403.63K | Australia | AU$0.04 | ▲ +11.11% |
| 376 |
Heeros Oyj
HE:HEEROS |
1.49x |
€5.11 Million
≈ $5.97 Million |
€3.43 Million | Finland | €5.70 | ▲ +0.00% |
| 377 |
Schroder BSC Social Impact Trust PLC
LSE:SBSI |
1.49x |
GBX710.00K
≈ $86.39 |
GBX477.00K | UK | GBX79.00 | ▲ +0.00% |
| 378 |
YALLA GROUP SP.ADS/1 CL.A
F:80Q |
1.49x |
€139.86 Million
≈ $163.51 Million |
€94.17 Million | Germany | €4.88 | ▼ -1.21% |
| 379 |
Majedie Investments
LSE:MAJE |
1.48x |
GBX1.21 Million
≈ $146.86 |
GBX813.00K | UK | GBX348.00 | ▲ +0.87% |
| 380 |
Landmark Property Development Company Limited
NSE:LPDC |
1.48x |
Rs24.84 Million
≈ $268.67K |
Rs16.77 Million | India | Rs6.24 | ▲ +0.48% |
| 381 |
Techfast Holdings Bhd
KLSE:0084 |
1.48x |
RM7.50 Million
≈ $1.88 Million |
RM5.07 Million | Malaysia | RM0.04 | ▲ +16.67% |
| 382 |
Wonderla Holidays Limited
NSE:WONDERLA |
1.47x |
Rs1.99 Billion
≈ $21.53 Million |
Rs1.36 Billion | India | Rs505.90 | ▲ +1.41% |
| 383 |
Sino AG
XETRA:XTP |
1.46x |
€3.48 Million
≈ $4.07 Million |
€2.38 Million | Germany | €122.00 | ▼ -0.41% |
| 384 |
GCP Infrastructure Investments Limited
LSE:GCP |
1.46x |
GBX32.82 Million
≈ $3.99K |
GBX22.42 Million | UK | GBX81.10 | ▼ -0.37% |
| 385 |
Kustur Kusadasi Turizm Endustrisi AS
IS:KSTUR |
1.46x |
TL39.60 Million
≈ $886.88K |
TL27.08 Million | Turkey | TL1760.00 | ▼ -2.22% |
| 386 |
Internet Gold Golden Lines Ltd
TA:IGLD |
1.46x |
ILA5.00 Million
≈ $13.40K |
ILA3.43 Million | Israel | ILA175.00 | ▲ +0.17% |
| 387 |
Bombay Super Hybrid Seeds Limited
NSE:BSHSL |
1.46x |
Rs634.57 Million
≈ $6.86 Million |
Rs435.70 Million | India | Rs94.99 | ▼ -6.69% |
| 388 |
NGE Capital Ltd
AU:NGE |
1.46x |
AU$2.12 Million
≈ $1.50 Million |
AU$1.46 Million | Australia | AU$1.20 | ▲ +0.00% |
| 389 |
Future Generation Global Ltd
AU:FGG |
1.45x |
AU$93.42 Million
≈ $66.10 Million |
AU$64.21 Million | Australia | AU$1.63 | ▲ +0.93% |
| 390 |
NedSense Enterprises NV
AS:NEDSE |
1.45x |
€605.00K
≈ $707.31K |
€416.00K | Netherlands | €0.08 | ▼ -3.00% |
| 391 |
Marimaca Copper Corp.
AU:MC2 |
1.45x |
AU$10.50 Million
≈ $7.43 Million |
AU$7.25 Million | Australia | AU$7.52 | ▼ -0.53% |
| 392 |
Blue Sky Uranium Corp
V:BSK |
1.44x |
CA$1.37 Million
≈ $990.60K |
CA$949.09K | Canada | CA$0.04 | ▲ +14.29% |
| 393 |
Etoiles Capital Group Co., Ltd. Class A Ordinary Shares
NASDAQ:EFTY |
1.44x | $1.70 Million | $1.18 Million | USA | $15.02 | ▲ +0.00% |
| 394 |
Astute Metals NL
AU:ASE |
1.43x |
AU$1.02 Million
≈ $723.53K |
AU$712.94K | Australia | AU$0.02 | ▲ +0.00% |
| 395 |
Sunny Elec
KO:004770 |
1.43x |
₩1.78 Billion
≈ $1.21 Million |
₩1.24 Billion | Korea | ₩1631.00 | ▲ +1.94% |
| 396 |
Koramco Energy Plus Reit Co Ltd
KO:357120 |
1.43x |
₩1.12 Trillion
≈ $757.25 Million |
₩781.19 Billion | Korea | ₩3935.00 | ▲ +0.90% |
| 397 |
Tufton Oceanic Assets Ltd
LSE:SHIP |
1.43x | $13.38 Million | $9.36 Million | UK | $1.46 | ▲ +1.74% |
| 398 |
Terrain Minerals Ltd
AU:TMX |
1.42x |
AU$805.72K
≈ $570.10K |
AU$566.54K | Australia | AU$0.00 | ▲ +0.00% |
| 399 |
RENDER CUBE BSAC ZY -10
F:W63 |
1.42x |
€2.31 Million
≈ $2.70 Million |
€1.63 Million | Germany | €17.60 | ▲ +21.80% |
| 400 |
Throgmorton Trust Plc
LSE:THRG |
1.42x |
GBX9.19 Million
≈ $1.12K |
GBX6.49 Million | UK | GBX552.00 | ▲ +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.