The a2 Milk Company Ltd (A2M) — 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). Check The a2 Milk Company Ltd (A2M) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
The a2 Milk Company Ltd Financial Flexibility Index (2004–2026)
Historical Financial Flexibility Index trend for The a2 Milk Company Ltd across 21 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of The a2 Milk Company Ltd.
Annual Financial Flexibility Index for The a2 Milk Company Ltd (2004–2026)
Year-by-year free cash flow to debt coverage for The a2 Milk Company Ltd. Explore The a2 Milk Company Ltd (A2M) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
| 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 | — |