Highfield Resources Ltd (23H) — Financial Flexibility Index

Latest as of December 2022: 0.04x

Highfield Resources Ltd (23H) has a Financial Flexibility Index of 0.04x as of December 2022. Free cash flow of €731.48K (operating CF €-2.25 Million minus capex €2.98 Million) represents 0% of total liabilities (€20.37 Million). Check strategic asset allocation of Highfield Resources Ltd to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.04x
Free Cash Flow / Total Liabilities

Free Cash Flow

€731.48K
Operating CF − Capex

Total Liabilities

€20.37 Million
EUR

Capital Expenditures

€2.98 Million
EUR

Highfield Resources Ltd Financial Flexibility Index (2018–2021)

Historical Financial Flexibility Index trend for Highfield Resources Ltd across 4 annual periods. See 23H net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Highfield Resources Ltd (2018–2021)

Year-by-year free cash flow to debt coverage for Highfield Resources Ltd. For the full company profile including market capitalisation, see 23H market cap overview.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2021 2.15x €6.36 Million €-4.34 Million €2.96 Million ▼ -30.6%
2020 3.10x €13.98 Million €-3.19 Million €4.51 Million ▲ +99.0%
2019 1.56x €8.31 Million €-3.13 Million €5.34 Million ▼ -54.2%
2018 3.40x €9.01 Million €-2.49 Million €2.65 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities