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

31,567

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 31,567 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
7001	Hod Assaf Industries Ltd TA:HOD	0.13x	ILA64.25 Million ≈ $172.25K	ILA506.61 Million	Israel	ILA3100.00	▼ -2.52%
7002	Cubic Sensor and Instrument Co Ltd SHG:688665	0.13x	CN¥67.60 Million ≈ $9.89 Million	CN¥533.19 Million	China	CN¥41.00	▲ +2.50%
7003	Guangzhou Baiyun International Airport Co Ltd SHG:600004	0.13x	CN¥1.20 Billion ≈ $175.17 Million	CN¥9.45 Billion	China	CN¥7.76	▲ +0.78%
7004	Adani Wilmar Limited NSE:AWL	0.13x	Rs18.14 Billion ≈ $196.18 Million	Rs143.15 Billion	India	Rs173.10	▼ -3.03%
7005	Advanced Info Service Public Company Limited F:NVAA	0.13x	€39.66 Billion ≈ $46.37 Billion	€312.99 Billion	Germany	€8.70	▲ +1.16%
7006	Advanced Info Service Public Company Limited F:AISF	0.13x	€39.66 Billion ≈ $46.37 Billion	€312.99 Billion	Germany	€8.70	▲ +0.00%
7007	AfreecaTV Co. Ltd KQ:067160	0.13x	₩48.35 Billion ≈ $32.77 Million	₩381.62 Billion	Korea	₩38000.00	▼ -1.43%
7008	Sam Hwa Capaci KO:001820	0.13x	₩7.47 Billion ≈ $5.06 Million	₩58.96 Billion	Korea	₩108400.00	▼ -3.13%
7009	AG Anadolu Group Holding IS:AGHOL	0.13x	TL44.13 Billion ≈ $988.48 Million	TL348.37 Billion	Turkey	TL28.82	▲ +2.27%
7010	Payton -L TA:PAYT	0.13x	ILA1.12 Million ≈ $3.00K	ILA8.83 Million	Israel	ILA4800.00	▲ +0.06%
7011	Dalmia Bharat Limited NSE:DALBHARAT	0.13x	Rs19.24 Billion ≈ $208.07 Million	Rs151.89 Billion	India	Rs1591.30	▼ -1.81%
7012	Samsung SDS Co Ltd KO:018260	0.13x	₩411.44 Billion ≈ $278.83 Million	₩3.25 Trillion	Korea	₩213500.00	▲ +3.14%
7013	PENNON GROUP PLC UNS.ADR2 F:3PN0	0.13x	€762.10 Million ≈ $890.98 Million	€6.02 Billion	Germany	€11.90	▲ +0.00%
7014	Chemclin Diagnostics Co. Ltd. A SHG:688468	0.13x	CN¥43.57 Million ≈ $6.38 Million	CN¥344.10 Million	China	CN¥6.01	▲ +1.69%
7015	LEFORM KLSE:0266	0.13x	RM27.47 Million ≈ $6.90 Million	RM217.06 Million	Malaysia	RM0.17	▼ -2.94%
7016	GMéxico Transportes S.A.B. de C.V MX:GMXT	0.13x	MX$9.12 Billion ≈ $524.88 Million	MX$72.07 Billion	Mexico	MX$34.10	▲ +1.79%
7017	Helloworld Travel Ltd AU:HLO	0.13x	AU$35.23 Million ≈ $24.93 Million	AU$278.42 Million	Australia	AU$1.35	▼ -1.46%
7018	Hakers Enterprise Co Ltd TWO:4432	0.13x	NT$49.75 Million ≈ $1.57 Million	NT$393.18 Million	Taiwan	NT$15.25	▲ +0.00%
7019	PPAP Automotive Limited NSE:PPAP	0.13x	Rs418.41 Million ≈ $4.52 Million	Rs3.31 Billion	India	Rs206.88	▼ -4.15%
7020	Shun On Electronic Co Ltd TW:6283	0.13x	NT$102.11 Million ≈ $3.22 Million	NT$807.23 Million	Taiwan	NT$18.90	▼ -1.31%
7021	An Phat Holdings JSC VN:APH	0.13x	₫861.48 Billion ≈ $32.73 Million	₫6.81 Trillion	Vietnam	₫7110.00	▼ -0.56%
7022	Hengsheng Energy Co Ltd SHG:605580	0.13x	CN¥130.22 Million ≈ $19.06 Million	CN¥1.03 Billion	China	CN¥17.16	▲ +1.66%
7023	IKD Co Ltd Class A SHG:600933	0.13x	CN¥924.20 Million ≈ $135.24 Million	CN¥7.31 Billion	China	CN¥13.97	▲ +3.64%
7024	Apator S.A. WAR:APT	0.13x	zł49.19 Million ≈ $13.54 Million	zł389.11 Million	Poland	zł26.10	▲ +0.19%
7025	Greenpanel Industries Limited NSE:GREENPANEL	0.13x	Rs873.56 Million ≈ $9.45 Million	Rs6.91 Billion	India	Rs131.48	▼ -3.37%
7026	Ultrapar Participações S.A SA:UGPA3	0.13x	R$4.13 Billion ≈ $811.18 Million	R$32.71 Billion	Brazil	R$38.55	▼ -1.46%
7027	Ahn-Gook Pharmaceutical Co. Ltd KQ:001540	0.13x	₩17.20 Billion ≈ $11.66 Million	₩136.13 Billion	Korea	₩9250.00	▼ -0.96%
7028	Digi International Inc NASDAQ:DGII	0.13x	$35.27 Million	$279.20 Million	USA	$74.95	▲ +2.95%
7029	The Hackett Group Inc NASDAQ:HCKT	0.13x	$17.74 Million	$140.43 Million	USA	$12.28	▼ -2.85%
7030	Equinor ASA F:DNQA	0.13x	€12.34 Billion ≈ $14.43 Billion	€97.77 Billion	Germany	€43.60	▲ +6.86%
7031	Lemonsoft Oyj HE:LEMON	0.13x	€2.73 Million ≈ $3.20 Million	€21.66 Million	Finland	€4.91	▲ +2.08%
7032	BOLIDEN AB UNSP.ADR/2 F:BWJ0	0.13x	€8.51 Billion ≈ $9.95 Billion	€67.41 Billion	Germany	€99.00	▼ -1.00%
7033	HiVi Acoustics Technology Co Ltd SHE:002888	0.13x	CN¥8.41 Million ≈ $1.23 Million	CN¥66.63 Million	China	CN¥17.54	▲ +3.24%
7034	Metalla Royalty & Streaming Ltd V:MTA	0.13x	CA$1.97 Million ≈ $1.43 Million	CA$15.63 Million	Canada	CA$10.15	▼ -1.93%
7035	Sandhar Technologies Limited NSE:SANDHAR	0.13x	Rs2.65 Billion ≈ $28.64 Million	Rs20.99 Billion	India	Rs456.25	▼ -4.18%
7036	Semen Baturaja Persero Tbk JK:SMBR	0.13x	Rp161.41 Billion ≈ $9.46 Million	Rp1.28 Trillion	Indonesia	Rp129.00	▲ +0.78%
7037	3Peak Inc SHG:688536	0.13x	CN¥102.04 Million ≈ $14.93 Million	CN¥808.95 Million	China	CN¥267.87	▲ +3.47%
7038	Jetbest TWO:4741	0.13x	NT$24.94 Million ≈ $785.68K	NT$197.70 Million	Taiwan	NT$53.20	▲ +9.92%
7039	Northern Star Resources Limited F:NS7	0.13x	€695.65 Million ≈ $813.29 Million	€5.52 Billion	Germany	€14.79	▼ -2.57%
7040	Averbuch Formica Center Ltd TA:AVER	0.13x	ILA3.82 Million ≈ $10.23K	ILA30.26 Million	Israel	ILA1970.00	▼ -1.01%
7041	Cuhadaroglu Metal Sanayi ve Pazarlama AS IS:CUSAN	0.13x	TL649.91 Million ≈ $14.56 Million	TL5.15 Billion	Turkey	TL15.01	▼ -7.57%
7042	Vantage Corp NYSE MKT:VNTG	0.13x	$1.03 Million	$8.17 Million	USA	$0.75	▲ +8.04%
7043	Vietnam National Petroleum Group VN:PLX	0.13x	₫9.73 Trillion ≈ $369.84 Million	₫77.19 Trillion	Vietnam	₫35450.00	▼ -1.12%
7044	Rajshree Polypack Limited NSE:RPPL	0.13x	Rs203.64 Million ≈ $2.20 Million	Rs1.62 Billion	India	Rs17.75	▲ +3.98%
7045	Reysas Tasimacilik ve Lojistik Ticaret AS IS:RYSAS	0.13x	TL1.67 Billion ≈ $37.34 Million	TL13.23 Billion	Turkey	TL24.06	▲ +0.25%
7046	Zhejiang Jianfeng Group Co Ltd SHG:600668	0.13x	CN¥252.67 Million ≈ $36.97 Million	CN¥2.00 Billion	China	CN¥7.64	▼ -4.98%
7047	Groupe Minoteries SA SW:GMI	0.13x	CHF5.79 Million ≈ $7.33 Million	CHF45.97 Million	Switzerland	CHF226.00	▼ -0.88%
7048	Ege Endustri ve Ticaret AS IS:EGEEN	0.13x	TL277.84 Million ≈ $6.22 Million	TL2.21 Billion	Turkey	TL3895.00	▼ -0.13%
7049	Hubei Feilihua Quartz Glass Co Ltd SHE:300395	0.13x	CN¥215.67 Million ≈ $31.56 Million	CN¥1.71 Billion	China	CN¥76.81	▲ +2.52%
7050	Nanjing Develop Advanced Manufacturing Co Ltd SHG:688377	0.13x	CN¥113.05 Million ≈ $16.54 Million	CN¥897.59 Million	China	CN¥15.33	▲ +1.59%
7051	Thai Optical Group Public Company Limited BK:TOG	0.13x	฿271.06 Million ≈ $8.45 Million	฿2.15 Billion	Thailand	฿7.10	▲ +0.00%
7052	NRW Holdings Limited F:3NR	0.13x	€137.38 Million ≈ $160.62 Million	€1.09 Billion	Germany	€3.70	▼ -7.50%
7053	Riley Exploration Permian Inc NYSE MKT:REPX	0.13x	$78.90 Million	$626.64 Million	USA	$38.60	▲ +2.88%
7054	Cegedim S.A. PA:CGM	0.13x	€88.69 Million ≈ $103.69 Million	€704.39 Million	France	€10.40	▲ +0.00%
7055	Pampa Energia SA BA:PAMP	0.13x	AR$467.00 Million ≈ $337.92K	AR$3.71 Billion	Argentina	AR$5250.00	▲ +3.24%
7056	Pampa Energia SA ADR NYSE:PAM	0.13x	$467.00 Million	$3.71 Billion	USA	$82.90	▲ +0.29%
7057	Ningbo Deye Technology Co Ltd SHG:605117	0.13x	CN¥1.16 Billion ≈ $169.25 Million	CN¥9.19 Billion	China	CN¥70.11	▲ +3.16%
7058	Aubay Société Anonyme PA:AUB	0.13x	€34.97 Million ≈ $40.88 Million	€277.79 Million	France	€48.85	▼ -1.41%
7059	Herige SA PA:ALHRG	0.13x	€24.11 Million ≈ $28.18 Million	€191.51 Million	France	€18.05	▼ -2.43%
7060	Steadfast Group Ltd AU:SDF	0.13x	AU$551.60 Million ≈ $390.29 Million	AU$4.38 Billion	Australia	AU$5.81	▲ +0.00%
7061	Poco Holding Co Ltd SHE:300811	0.13x	CN¥110.94 Million ≈ $16.23 Million	CN¥881.42 Million	China	CN¥70.07	▲ +3.55%
7062	Encompass Health Corp NYSE:EHC	0.13x	$502.90 Million	$4.00 Billion	USA	$124.09	▼ -1.52%
7063	Rockwell Medical Inc NASDAQ:RMTI	0.13x	$2.70 Million	$21.44 Million	USA	$6.94	▼ -1.70%
7064	Farm Price Holdings Berhad KLSE:0304	0.13x	RM2.50 Million ≈ $626.66K	RM19.85 Million	Malaysia	RM0.33	▼ -1.49%
7065	Ennogie Solar Group A/S CO:ESG	0.13x	Dkr7.18 Million ≈ $1.12 Million	Dkr57.10 Million	Denmark	Dkr1.83	▲ +20.86%
7066	Beijing LabTech Instruments Co Ltd SHG:688056	0.13x	CN¥14.33 Million ≈ $2.10 Million	CN¥113.93 Million	China	CN¥41.30	▲ +8.91%
7067	Telefônica Brasil S.A. SA:VIVT3	0.13x	R$6.97 Billion ≈ $1.37 Billion	R$55.40 Billion	Brazil	R$32.43	▼ -2.26%
7068	Eli Lilly and Company NYSE:LLY	0.13x	$13.62 Billion	$108.40 Billion	USA	$1273.46	▼ -2.54%
7069	Jintuo Technology Co Ltd SHG:603211	0.13x	CN¥116.97 Million ≈ $17.12 Million	CN¥930.80 Million	China	CN¥19.36	▲ +7.26%
7070	Computershare Ltd AU:CPU	0.13x	AU$358.97 Million ≈ $254.00 Million	AU$2.86 Billion	Australia	AU$42.93	▼ -0.14%
7071	Friend Co Ltd SHG:605050	0.13x	CN¥519.38 Million ≈ $76.00 Million	CN¥4.13 Billion	China	CN¥9.77	▲ +0.62%
7072	Heineken Holding NV AS:HEIO	0.13x	€4.16 Billion ≈ $4.87 Billion	€33.14 Billion	Netherlands	€74.20	▼ -0.47%
7073	Soft-World International TWO:5478	0.13x	NT$1.19 Billion ≈ $37.55 Million	NT$9.49 Billion	Taiwan	NT$97.00	▼ -0.61%
7074	ATM Grupa S.A. WAR:ATG	0.13x	zł14.02 Million ≈ $3.86 Million	zł111.62 Million	Poland	zł3.59	▲ +1.41%
7075	Gihon Telekomunikasi Indonesia Tbk PT JK:GHON	0.13x	Rp73.68 Billion ≈ $4.32 Million	Rp586.75 Billion	Indonesia	Rp1645.00	▲ +4.44%
7076	KWANGJIN WINTEC CO. Ltd KQ:090150	0.13x	₩5.71 Billion ≈ $3.87 Million	₩45.50 Billion	Korea	₩5790.00	▲ +0.00%
7077	Metrod Holdings Bhd KLSE:6149	0.13x	RM197.70 Million ≈ $49.64 Million	RM1.57 Billion	Malaysia	RM1.03	▲ +0.00%
7078	Restaurant Brands Asia Limited NSE:RBA	0.13x	Rs3.38 Billion ≈ $36.55 Million	Rs26.94 Billion	India	Rs88.25	▲ +2.21%
7079	Arena Group Holdings Inc NYSE MKT:AREN	0.13x	$14.73 Million	$117.43 Million	USA	$1.52	▲ +2.01%
7080	Thinking Electronic Industrial Co Ltd TW:2428	0.13x	NT$636.26 Million ≈ $20.05 Million	NT$5.07 Billion	Taiwan	NT$242.50	▼ -6.01%
7081	Rich Honour International Designs Co Ltd TW:6754	0.13x	NT$267.38 Million ≈ $8.42 Million	NT$2.13 Billion	Taiwan	NT$40.10	▼ -0.25%
7082	Ginwa Enterprise Group Inc SHG:600080	0.13x	CN¥46.48 Million ≈ $6.80 Million	CN¥370.80 Million	China	CN¥4.17	▲ +0.97%
7083	Vault Strategic Mining Corp. V:KNOX	0.13x	CA$141.80K ≈ $102.57K	CA$1.13 Million	Canada	CA$0.14	▲ +12.00%
7084	Doctor Care Anywhere Group Plc AU:DOC	0.13x	AU$1.89 Million ≈ $1.34 Million	AU$15.11 Million	Australia	AU$0.11	▲ +0.00%
7085	ArcelorMittal SA LSE:0RP9	0.13x	€5.13 Billion ≈ $6.00 Billion	€40.98 Billion	UK	€53.64	▼ -2.06%
7086	Shenzhen AV-Display Co. Ltd. SHE:300939	0.13x	CN¥47.74 Million ≈ $6.99 Million	CN¥380.99 Million	China	CN¥76.23	▼ -1.22%
7087	Tropical Canning (Thailand) Public Company Limited BK:TC	0.13x	฿163.20 Million ≈ $5.09 Million	฿1.30 Billion	Thailand	฿8.25	▼ -0.60%
7088	Neto M.E Holdings Ltd TA:NTO	0.13x	ILA126.92 Million ≈ $340.28K	ILA1.01 Billion	Israel	ILA17830.00	▼ -0.89%
7089	Santos Ltd AU:STO	0.13x	AU$2.05 Billion ≈ $1.45 Billion	AU$16.37 Billion	Australia	AU$9.05	▼ -1.52%
7090	Metropolitan Kentjana Tbk JK:MKPI	0.13x	Rp279.97 Billion ≈ $16.41 Million	Rp2.24 Trillion	Indonesia	Rp19600.00	▼ -1.38%
7091	WUS Printed Circuit Kunshan Co Ltd SHE:002463	0.13x	CN¥1.54 Billion ≈ $225.57 Million	CN¥12.31 Billion	China	CN¥107.06	▲ +0.09%
7092	Moatech Co. Ltd KQ:033200	0.13x	₩922.34 Million ≈ $625.06K	₩7.37 Billion	Korea	₩2285.00	▼ -2.77%
7093	Almonty Industries Inc TO:AII	0.13x	CA$31.21 Million ≈ $22.58 Million	CA$249.28 Million	Canada	CA$15.51	▼ -4.96%
7094	Changzhou Xingyu Automotive Lighting Systems Co Ltd SHG:601799	0.13x	CN¥943.18 Million ≈ $138.02 Million	CN¥7.53 Billion	China	CN¥66.48	▲ +1.67%
7095	NEXI SPA (UNSP.ADR)/1 F:N0X0	0.13x	€1.65 Billion ≈ $1.92 Billion	€13.15 Billion	Germany	€3.60	▲ +0.00%
7096	Charm Engine KO:009310	0.13x	₩105.41 Billion ≈ $71.44 Million	₩842.27 Billion	Korea	₩5325.00	▲ +0.00%
7097	Aena SA MC:AENA	0.13x	€1.21 Billion ≈ $1.41 Billion	€9.65 Billion	Spain	€26.50	▲ +0.45%
7098	Suburban Propane Partners LP NYSE:SPH	0.13x	$205.57 Million	$1.64 Billion	USA	$17.73	▲ +0.00%
7099	4Sight Holdings Ltd JSE:4SI	0.13x	ZAC30.27 Million ≈ $16.09K	ZAC242.02 Million	South Africa	ZAC69.00	▲ +0.00%
7100	Kamada TA:KMDA	0.13x	ILA14.01 Million ≈ $37.55K	ILA111.98 Million	Israel	ILA2421.00	▼ -0.04%

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.