The a2 Milk Company Ltd Financial Flexibility Index
The a2 Milk Company Ltd financial flexibility index. The a2 Milk Company Ltd (A2M) has a Financial Flexibility Index of 0.12x as of June 2026. Free cash flow of AU$102.26 Million (operating CF AU$37.93 Million minus capex AU$64.34 Million) represents 0% of total liabilities (AU$887.30 Million). See A2M FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of The a2 Milk Company Ltd (2004–2026)
Financial flexibility index of The a2 Milk Company Ltd from 2004 to 2026. Historical Financial Flexibility Index trend for The a2 Milk Company Ltd across 21 annual periods. Check The a2 Milk Company Ltd (A2M) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
The a2 Milk Company Ltd Financial Flexibility Index by Year (2004–2026)
The a2 Milk Company Ltd financial flexibility index by year from 2004 to 2026. Year-by-year free cash flow to debt coverage for The a2 Milk Company Ltd. For the full cash flow conversion analysis, see how efficiently does The a2 Milk Company Ltd generate cash.
| Year | Flexibility Index | Free Cash Flow (AUD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.23x | AU$206.46 Million | AU$133.04 Million | AU$887.30 Million | ▼ -42.1% |
| 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 | — |