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
501	Wealth First Portfolio Managers Limited NSE:WEALTH	1.16x	Rs107.43 Million ≈ $1.16 Million	Rs92.53 Million	India	Rs861.75	▼ -2.38%
502	Nippon Life India Asset Management Limited NSE:NAM-INDIA	1.16x	Rs6.17 Billion ≈ $66.76 Million	Rs5.33 Billion	India	Rs1038.40	▼ -2.53%
503	Navneet Education Limited NSE:NAVNETEDUL	1.15x	Rs5.39 Billion ≈ $58.29 Million	Rs4.67 Billion	India	Rs124.96	▲ +1.79%
504	Orogen Royalties Inc V:OGN	1.14x	CA$2.30 Million ≈ $1.66 Million	CA$2.01 Million	Canada	CA$3.95	▼ -2.95%
505	Zaptec AS OL:ZAP	1.14x	Nkr486.77 Million ≈ $51.22 Million	Nkr425.90 Million	Norway	Nkr55.50	▼ -2.63%
506	ATrack Technology TWO:6465	1.14x	NT$86.85 Million ≈ $2.74 Million	NT$76.17 Million	Taiwan	NT$47.45	▲ +5.09%
507	Hunter Group ASA OL:HUNT	1.14x	Nkr46.02 Million ≈ $4.84 Million	Nkr40.53 Million	Norway	Nkr16.82	▼ -4.21%
508	IMMERSION G. S.A. ZY 10 F:73W	1.14x	€382.77K ≈ $447.50K	€337.16K	Germany	€0.12	▲ +4.85%
509	TOKYO ELECTRON ADR 1/4/ON F:TKY0	1.13x	€750.21 Billion ≈ $877.08 Billion	€662.38 Billion	Germany	€120.00	▲ +0.00%
510	HERMES INTL UNSP.ADR 1/10 F:HMIA	1.13x	€6.54 Billion ≈ $7.64 Billion	€5.77 Billion	Germany	€163.00	▼ -2.40%
511	JUMBO SA UNSP.ADR/1 O.N. F:5JB1	1.13x	€335.30 Million ≈ $392.00 Million	€296.06 Million	Germany	€23.20	▼ -2.52%
512	Shenzhen China Micro Semicon Co. Ltd. A SHG:688380	1.13x	CN¥344.17 Million ≈ $50.36 Million	CN¥304.00 Million	China	CN¥31.99	▲ +0.44%
513	Union Semiconductor (Hefei) Co. Ltd. A SHG:688403	1.13x	CN¥1.15 Billion ≈ $168.61 Million	CN¥1.02 Billion	China	CN¥16.40	▼ -2.15%
514	Thye Ming Industrial Co Ltd TW:9927	1.13x	NT$1.28 Billion ≈ $40.19 Million	NT$1.13 Billion	Taiwan	NT$59.60	▼ -1.16%
515	Shandong Shanda Wit Science and Technology Co Ltd SHE:000915	1.13x	CN¥645.74 Million ≈ $94.49 Million	CN¥573.21 Million	China	CN¥25.16	▲ +3.07%
516	Westhaven Ventures Inc V:WHN	1.13x	CA$9.79 Million ≈ $7.08 Million	CA$8.69 Million	Canada	CA$0.27	▼ -5.36%
517	Anglo-Eastern Plantations PLC LSE:AEP	1.13x	GBX78.88 Million ≈ $9.60K	GBX70.07 Million	UK	GBX172.60	▼ -4.22%
518	KKR Credit Income Fund AU:KKC	1.13x	AU$30.55 Million ≈ $21.61 Million	AU$27.15 Million	Australia	AU$2.02	▼ -0.98%
519	Sino AG F:XTP	1.12x	€2.67 Million ≈ $3.13 Million	€2.38 Million	Germany	€123.50	▲ +0.41%
520	K.P.R. Mill Limited NSE:KPRMILL	1.12x	Rs12.76 Billion ≈ $137.97 Million	Rs11.35 Billion	India	Rs1069.50	▼ -2.80%
521	Gandhi Special Tubes Limited NSE:GANDHITUBE	1.12x	Rs269.99 Million ≈ $2.92 Million	Rs241.06 Million	India	Rs926.30	▼ -0.87%
522	Teekay Tankers Ltd NYSE:TNK	1.12x	$203.06 Million	$181.93 Million	USA	$94.80	▼ -2.09%
523	Shanghai MicroPort EV MedTech Co. Ltd. A SHG:688351	1.12x	CN¥213.13 Million ≈ $31.19 Million	CN¥191.14 Million	China	CN¥17.04	▲ +4.86%
524	Hanmi Semicon KO:042700	1.11x	₩136.65 Billion ≈ $92.61 Million	₩123.00 Billion	Korea	₩212000.00	▲ +0.95%
525	Fine Organic Industries Limited NSE:FINEORG	1.11x	Rs2.03 Billion ≈ $22.00 Million	Rs1.83 Billion	India	Rs5398.00	▼ -1.16%
526	Somero Enterprise Inc LSE:SOM	1.10x	GBX14.16 Million ≈ $1.72K	GBX12.84 Million	UK	GBX282.00	▲ +3.30%
527	Avanti Feeds Limited NSE:AVANTIFEED	1.10x	Rs9.16 Billion ≈ $99.07 Million	Rs8.31 Billion	India	Rs722.95	▲ +0.05%
528	AIRIQ INC. F:EPXN	1.10x	€1.15 Million ≈ $1.35 Million	€1.05 Million	Germany	€0.23	▼ -8.73%
529	Zhejiang Benli Technology Co. Ltd. SHE:301065	1.10x	CN¥264.60 Million ≈ $38.72 Million	CN¥241.20 Million	China	CN¥18.40	▼ -2.75%
530	Tidehold Development Co Ltd TW:9902	1.09x	NT$94.86 Million ≈ $2.99 Million	NT$86.81 Million	Taiwan	NT$13.35	▼ -2.20%
531	Hefei Lifeon Pharmaceutical Co Ltd SHE:003020	1.09x	CN¥693.53 Million ≈ $101.49 Million	CN¥634.92 Million	China	CN¥16.07	▼ -0.50%
532	Aditya Birla Sun Life AMC Limited NSE:ABSLAMC	1.09x	Rs4.07 Billion ≈ $44.03 Million	Rs3.74 Billion	India	Rs958.70	▼ -1.36%
533	EMTEK (Shenzhen) Co. Ltd. SHE:300938	1.08x	CN¥321.25 Million ≈ $47.01 Million	CN¥296.43 Million	China	CN¥25.12	▼ -0.79%
534	Mistral Patrimonio Inmobiliario SOCIMI SA MC:YMPI	1.08x	€265.83K ≈ $310.78K	€245.53K	Spain	€0.88	▲ +0.00%
535	Colgate Palmolive (India) Limited NSE:COLPAL	1.08x	Rs14.66 Billion ≈ $158.53 Million	Rs13.54 Billion	India	Rs1741.10	▼ -1.68%
536	Windsor Machines Limited NSE:WINDMACHIN	1.08x	Rs3.07 Billion ≈ $33.17 Million	Rs2.84 Billion	India	Rs285.95	▼ -1.94%
537	Aic Mines Ltd AU:A1M	1.08x	AU$105.56 Million ≈ $74.69 Million	AU$97.62 Million	Australia	AU$0.79	▼ -1.25%
538	Hammer Metals Limited F:6HM	1.08x	€1.10 Million ≈ $1.29 Million	€1.02 Million	Germany	€0.04	▼ -1.37%
539	Ramelius Resources Ltd AU:RMS	1.08x	AU$522.63 Million ≈ $369.80 Million	AU$483.64 Million	Australia	AU$3.62	▼ -1.09%
540	Zhejiang Wandekai Fluid Equipment Technology Co. Ltd. A SHE:301309	1.08x	CN¥255.11 Million ≈ $37.33 Million	CN¥236.19 Million	China	CN¥28.29	▲ +0.25%
541	HOYA CORP. ADR/ 1 O.N. F:HYB0	1.08x	€283.04 Billion ≈ $330.90 Billion	€262.65 Billion	Germany	€150.00	▼ -1.32%
542	Talant Optronics (Suzhou) Co. Ltd. SHE:301045	1.08x	CN¥320.99 Million ≈ $46.97 Million	CN¥298.09 Million	China	CN¥50.90	▲ +1.78%
543	Rana Gruber AS OL:RANA	1.08x	Nkr843.79 Million ≈ $88.79 Million	Nkr783.91 Million	Norway	Nkr78.40	▲ +0.00%
544	ZYLOX-TONBRDG.MED.TECH.H1 F:818	1.07x	€365.42 Million ≈ $427.21 Million	€341.97 Million	Germany	€1.88	▼ -4.08%
545	Tureks Turizm Tasimacilik AS IS:TUREX	1.07x	TL259.49 Million ≈ $5.81 Million	TL243.17 Million	Turkey	TL5.16	▼ -7.53%
546	Miramar Resources Ltd AU:M2R	1.07x	AU$891.34K ≈ $630.68K	AU$835.67K	Australia	AU$0.00	▲ +0.00%
547	Herald Investment Trust LSE:HRI	1.06x	GBX1.61 Million ≈ $196.13	GBX1.51 Million	UK	GBX2750.00	▲ +0.36%
548	Metals X Ltd AU:MLX	1.06x	AU$81.05 Million ≈ $57.35 Million	AU$76.26 Million	Australia	AU$1.64	▼ -3.82%
549	Bannari Amman Sugars Limited NSE:BANARISUG	1.06x	Rs2.59 Billion ≈ $28.02 Million	Rs2.44 Billion	India	Rs3311.90	▼ -0.42%
550	Manhattan Corporation Limited F:32U	1.06x	€244.38K ≈ $285.71K	€230.23K	Germany	€0.01	▲ +9.09%
551	Shandong Keyuan Pharmaceutical Co. Ltd. A SHE:301281	1.06x	CN¥235.87 Million ≈ $34.51 Million	CN¥222.24 Million	China	CN¥40.60	▼ -0.07%
552	Volta Finance Ltd LSE:VTAS	1.06x	GBX14.52 Million ≈ $1.77K	GBX13.72 Million	UK	GBX510.50	▲ +0.00%
553	Pansoft Company Limited SHE:300996	1.05x	CN¥179.08 Million ≈ $26.20 Million	CN¥169.81 Million	China	CN¥11.23	▲ +0.09%
554	Elsight Ltd AU:ELS	1.05x	AU$13.89 Million ≈ $9.83 Million	AU$13.17 Million	Australia	AU$3.26	▼ -3.26%
555	DRDGOLD Limited JSE:DRD	1.05x	ZAC3.54 Billion ≈ $1.88 Million	ZAC3.36 Billion	South Africa	ZAC4089.00	▼ -2.60%
556	Yuanjie Semiconductor Technology Co. Ltd. A SHG:688498	1.05x	CN¥124.92 Million ≈ $18.28 Million	CN¥118.84 Million	China	CN¥1002.00	▼ -2.58%
557	CT UK Capital And Income Investment Trust Plc LSE:CTUK	1.05x	GBX16.33 Million ≈ $1.99K	GBX15.55 Million	UK	GBX349.00	▼ -1.41%
558	JPMorgan China Growth & Income PLC LSE:JCGI	1.05x	GBX4.26 Million ≈ $518.81	GBX4.06 Million	UK	GBX241.50	▲ +0.00%
559	Kriti Nutrients Limited NSE:KRITINUT	1.05x	Rs457.00 Million ≈ $4.94 Million	Rs435.96 Million	India	Rs68.78	▼ -2.84%
560	Abits Group Inc. NASDAQ:ABTS	1.05x	$3.28 Million	$3.13 Million	USA	$1.17	▼ -0.85%
561	NIOX Group PLC LSE:NIOX	1.05x	GBX9.00 Million ≈ $1.10K	GBX8.60 Million	UK	GBX69.00	▲ +1.47%
562	Hexza Corporation Bhd KLSE:3298	1.05x	RM13.84 Million ≈ $3.47 Million	RM13.24 Million	Malaysia	RM1.07	▲ +0.00%
563	Toro Ltd NASDAQ:TORO	1.05x	$4.23 Million	$4.05 Million	USA	$3.96	▼ -4.35%
564	D P Wires Limited NSE:DPWIRES	1.05x	Rs526.81 Million ≈ $5.70 Million	Rs504.03 Million	India	Rs194.74	▼ -4.59%
565	Ora Banda Mining Ltd AU:OBM	1.04x	AU$356.35 Million ≈ $252.14 Million	AU$343.02 Million	Australia	AU$1.38	▼ -1.78%
566	Weizmann Limited NSE:WEIZMANIND	1.04x	Rs287.22 Million ≈ $3.11 Million	Rs277.21 Million	India	Rs69.96	▲ +0.09%
567	Lotus Resources Ltd AU:LOT	1.04x	AU$45.49 Million ≈ $32.19 Million	AU$43.91 Million	Australia	AU$0.17	▼ -5.56%
568	Vesuvius India Limited NSE:VESUVIUS	1.03x	Rs5.00 Billion ≈ $54.11 Million	Rs4.86 Billion	India	Rs401.95	▼ -2.40%
569	Microsemi Corporation F:MS7	1.03x	€142.70 Million ≈ $166.83 Million	€138.80 Million	Germany	€5.90	▲ +0.00%
570	Shenzhen Forms Syntron Information Co Ltd SHE:300468	1.03x	CN¥136.34 Million ≈ $19.95 Million	CN¥132.65 Million	China	CN¥19.92	▼ -0.70%
571	Wesdome Gold Mines Ltd. TO:WDO	1.03x	CA$215.56 Million ≈ $155.93 Million	CA$210.01 Million	Canada	CA$31.09	▼ -1.58%
572	Caprice Resources Limited F:C3F	1.03x	€384.65K ≈ $449.69K	€375.09K	Germany	€0.04	▲ +0.00%
573	GAZTR.TECHNI.U.ADR1/5EO01 F:9TG0	1.02x	€463.50 Million ≈ $541.88 Million	€452.40 Million	Germany	€38.80	▼ -1.02%
574	DHP Korea Co. Ltd KQ:131030	1.02x	₩25.68 Billion ≈ $17.40 Million	₩25.12 Billion	Korea	₩6150.00	▲ +0.82%
575	Ningbo Ocean Shipping Co. Ltd. A SHG:601022	1.02x	CN¥2.90 Billion ≈ $424.50 Million	CN¥2.85 Billion	China	CN¥8.04	▲ +0.00%
576	GRINM Semiconductor Materials Co. Ltd. A SHG:688432	1.02x	CN¥448.04 Million ≈ $65.56 Million	CN¥440.36 Million	China	CN¥36.70	▲ +2.89%
577	Jiangsu Canopus Wisdom Medical Technology Co. Ltd. A SHE:301290	1.02x	CN¥242.45 Million ≈ $35.48 Million	CN¥238.50 Million	China	CN¥25.08	▼ -1.34%
578	JiangXi Tianxin Pharm Co Ltd SHG:603235	1.02x	CN¥1.21 Billion ≈ $177.07 Million	CN¥1.19 Billion	China	CN¥25.87	▲ +1.61%
579	Mtag Group Berhad KLSE:0213	1.01x	RM11.14 Million ≈ $2.80 Million	RM10.99 Million	Malaysia	RM0.21	▲ +2.50%
580	Ironbark Capital Ltd AU:IBC	1.01x	AU$1.85 Million ≈ $1.31 Million	AU$1.83 Million	Australia	AU$0.43	▲ +0.00%
581	Greatland Resources Limited LSE:GGP	1.01x	GBX375.49 Million ≈ $45.69K	GBX371.74 Million	UK	GBX507.00	▼ -2.59%
582	Aplisens SA WAR:APN	1.01x	zł12.59 Million ≈ $3.46 Million	zł12.46 Million	Poland	zł18.10	▼ -2.16%
583	Covalon Technologies Ltd. V:COV	1.01x	CA$6.47 Million ≈ $4.68 Million	CA$6.41 Million	Canada	CA$3.92	▼ -2.73%
584	Global Education Limited NSE:GLOBAL	1.01x	Rs136.62 Million ≈ $1.48 Million	Rs135.55 Million	India	Rs141.26	▼ -1.01%
585	Hangzhou Minsheng Healthcare Co Ltd SHE:301507	1.00x	CN¥373.50 Million ≈ $54.65 Million	CN¥371.98 Million	China	CN¥12.59	▼ -3.82%
586	Wuxi Xinan Technology Co. Ltd. A SHE:301170	1.00x	CN¥170.77 Million ≈ $24.99 Million	CN¥170.18 Million	China	CN¥21.72	▼ -1.05%
587	Central Depository Services (India) Limited NSE:CDSL	1.00x	Rs4.18 Billion ≈ $45.21 Million	Rs4.17 Billion	India	Rs1270.00	▼ -1.31%
588	Beijing Hanyi Innovation Technology Co. Ltd. A SHE:301270	1.00x	CN¥191.62 Million ≈ $28.04 Million	CN¥191.34 Million	China	CN¥28.39	▼ -1.93%
589	Steelcast Limited NSE:STEELCAS	1.00x	Rs652.05 Million ≈ $7.05 Million	Rs651.85 Million	India	Rs345.30	▼ -2.60%
590	Southern Hydropower JSC VN:SHP	1.00x	₫64.87 Billion ≈ $2.46 Million	₫64.87 Billion	Vietnam	₫31400.00	▲ +0.00%
591	Mark Dynamics Indonesia Tbk PT JK:MARK	1.00x	Rp105.71 Billion ≈ $6.19 Million	Rp105.73 Billion	Indonesia	Rp1090.00	▲ +1.87%
592	FG Merger II Corp. Unit NASDAQ:FGMCU	1.00x	$194.82K	$194.92K	USA	$8.97	▼ -10.03%
593	CADOGAN ENERGY SOLUTIONS F:CPD	1.00x	€7.60 Million ≈ $8.89 Million	€7.61 Million	Germany	€0.04	▲ +1.25%
594	Shanghai Orient-Chip Technology Co. Ltd. A SHG:688061	1.00x	CN¥303.00 Million ≈ $44.34 Million	CN¥303.54 Million	China	CN¥37.42	▼ -4.78%
595	Unifosa TWO:8277	1.00x	NT$30.85 Million ≈ $972.01K	NT$30.92 Million	Taiwan	NT$15.45	▲ +0.32%
596	Secuve Co. Ltd KQ:131090	1.00x	₩3.31 Billion ≈ $2.25 Million	₩3.32 Billion	Korea	₩4400.00	▲ +3.29%
597	Rokeby Resources Limited AU:RKB	1.00x	AU$358.99K ≈ $254.01K	AU$360.20K	Australia	AU$0.00	▲ +0.00%
598	Gentian Diagnostics AS OL:GENT	1.00x	Nkr53.35 Million ≈ $5.61 Million	Nkr53.58 Million	Norway	Nkr39.60	▲ +3.66%
599	Atha Energy Corp. V:SASK	0.99x	CA$10.24 Million ≈ $7.41 Million	CA$10.30 Million	Canada	CA$0.87	▼ -5.43%
600	Focus Hotmelt Co. Ltd. A SHE:301283	0.99x	CN¥907.74 Million ≈ $132.83 Million	CN¥914.00 Million	China	CN¥23.70	▼ -0.75%

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.