The a2 Milk Company Ltd (A2M) — Financial Flexibility Index
The a2 Milk Company Ltd (A2M) has a Financial Flexibility Index of 0.23x as of December 2025. Free cash flow of AU$104.30 Million (operating CF AU$95.20 Million minus capex AU$9.09 Million) represents 0% of total liabilities (AU$459.58 Million). Also explore The a2 Milk Company Ltd annual equity growth to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
The a2 Milk Company Ltd Financial Flexibility Index (2004–2025)
Historical Financial Flexibility Index trend for The a2 Milk Company Ltd across 20 annual periods. Check The a2 Milk Company Ltd (A2M) strategic investment index to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for The a2 Milk Company Ltd (2004–2025)
Year-by-year free cash flow to debt coverage for The a2 Milk Company Ltd. For the full company profile including market capitalisation, see The a2 Milk Company Ltd market capitalisation.
| Year | Flexibility Index | Free Cash Flow (AUD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.40x | AU$205.45 Million | AU$201.48 Million | AU$511.37 Million | ▼ -29.6% |
| 2024 | 0.57x | AU$272.76 Million | AU$255.74 Million | AU$478.10 Million | ▲ +116.7% |
| 2023 | 0.26x | AU$121.69 Million | AU$111.28 Million | AU$462.21 Million | ▼ -6.4% |
| 2022 | 0.28x | AU$146.72 Million | AU$141.55 Million | AU$521.89 Million | ▼ -16.3% |
| 2021 | 0.34x | AU$96.73 Million | AU$89.42 Million | AU$288.05 Million | ▼ -75.3% |
| 2020 | 1.36x | AU$434.63 Million | AU$427.41 Million | AU$319.25 Million | ▲ +2.0% |
| 2019 | 1.33x | AU$292.43 Million | AU$289.07 Million | AU$219.12 Million | ▼ -9.2% |
| 2018 | 1.47x | AU$235.95 Million | AU$231.11 Million | AU$160.51 Million | ▲ +46.9% |
| 2017 | 1.00x | AU$102.41 Million | AU$99.94 Million | AU$102.35 Million | ▲ +227.8% |
| 2016 | 0.31x | AU$23.53 Million | AU$21.47 Million | AU$77.07 Million | ▲ +307.9% |
| 2015 | -0.15x | AU$-4.44 Million | AU$-8.07 Million | AU$30.24 Million | ▼ -178.9% |
| 2014 | 0.19x | AU$3.35 Million | AU$435.00K | AU$18.00 Million | ▼ -66.7% |
| 2013 | 0.56x | AU$6.96 Million | AU$3.65 Million | AU$12.47 Million | ▼ -32.7% |
| 2012 | 0.83x | AU$10.22 Million | AU$88.00K | AU$12.32 Million | ▲ +77.9% |
| 2011 | 0.47x | AU$3.52 Million | AU$1.44 Million | AU$7.55 Million | ▲ +124.6% |
| 2010 | -1.89x | AU$-1.90 Million | AU$-1.90 Million | AU$1.01 Million | ▼ -280.1% |
| 2008 | -0.50x | AU$-4.19 Million | AU$-4.20 Million | AU$8.43 Million | ▲ +50.4% |
| 2007 | -1.00x | AU$-5.03 Million | AU$-5.08 Million | AU$5.02 Million | ▲ +77.2% |
| 2005 | -4.39x | AU$-2.02 Million | AU$-2.04 Million | AU$459.07K | ▼ -327.7% |
| 2004 | -1.03x | AU$-1.47 Million | AU$-1.47 Million | AU$1.43 Million | — |