Alpha Astika Akinita S.A (ASTAK) — Financial Flexibility Index

Latest as of June 2023: -3.52x

Alpha Astika Akinita S.A (ASTAK) has a Financial Flexibility Index of -3.52x as of June 2023. Free cash flow of €-22.24 Million (operating CF €-22.33 Million minus capex €96.66K) represents -4% of total liabilities (€6.32 Million). Check ASTAK capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

-3.52x
Free Cash Flow / Total Liabilities

Free Cash Flow

€-22.24 Million
Operating CF − Capex

Total Liabilities

€6.32 Million
EUR

Capital Expenditures

€96.66K
EUR

Alpha Astika Akinita S.A Financial Flexibility Index (2014–2024)

Historical Financial Flexibility Index trend for Alpha Astika Akinita S.A across 11 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Alpha Astika Akinita S.A.

Annual Financial Flexibility Index for Alpha Astika Akinita S.A (2014–2024)

Year-by-year free cash flow to debt coverage for Alpha Astika Akinita S.A. Explore Alpha Astika Akinita S.A (ASTAK) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2024 2.15x €20.09 Million €19.49 Million €9.36 Million ▲ +133.5%
2023 -6.41x €-64.08 Million €-64.39 Million €10.00 Million ▼ -1034.2%
2022 0.69x €5.25 Million €4.74 Million €7.66 Million ▼ -43.7%
2021 1.22x €5.37 Million €2.65 Million €4.40 Million ▲ +527.9%
2020 0.19x €1.79 Million €1.66 Million €9.21 Million ▼ -50.3%
2019 0.39x €3.61 Million €3.57 Million €9.25 Million ▼ -14.2%
2018 0.46x €3.23 Million €1.79 Million €7.10 Million ▲ +2.4%
2017 0.44x €2.93 Million €2.91 Million €6.59 Million ▲ +262.1%
2016 0.12x €1.48 Million €1.46 Million €12.04 Million ▼ -91.4%
2015 1.42x €6.23 Million €6.23 Million €4.38 Million ▲ +61.7%
2014 0.88x €3.26 Million €2.85 Million €3.70 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities