First Tractor Company Limited (FTP) — Financial Flexibility Index

Latest as of June 2023: 0.11x

First Tractor Company Limited (FTP) has a Financial Flexibility Index of 0.11x as of June 2023. Free cash flow of €823.06 Million (operating CF €799.78 Million minus capex €23.28 Million) represents 0% of total liabilities (€7.20 Billion). Also explore how fast is First Tractor Company Limited growing its equity to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.11x
Free Cash Flow / Total Liabilities

Free Cash Flow

€823.06 Million
Operating CF − Capex

Total Liabilities

€7.20 Billion
EUR

Capital Expenditures

€23.28 Million
EUR

First Tractor Company Limited Financial Flexibility Index (2013–2024)

Historical Financial Flexibility Index trend for First Tractor Company Limited across 12 annual periods. Check strategic asset allocation of First Tractor Company Limited to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for First Tractor Company Limited (2013–2024)

Year-by-year free cash flow to debt coverage for First Tractor Company Limited. For the full company profile including market capitalisation, see FTP company net worth.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2024 0.19x €1.33 Billion €1.22 Billion €6.91 Billion ▲ +10.7%
2023 0.17x €1.15 Billion €1.06 Billion €6.60 Billion ▼ -69.5%
2022 0.57x €3.70 Billion €3.60 Billion €6.49 Billion ▲ +457.0%
2021 0.10x €650.13 Million €582.28 Million €6.36 Billion ▼ -43.4%
2020 0.18x €1.33 Billion €1.25 Billion €7.37 Billion ▲ +113.1%
2019 0.08x €579.85 Million €330.73 Million €6.85 Billion ▲ +719.8%
2018 -0.01x €-115.97 Million €-384.40 Million €8.48 Billion ▲ +55.0%
2017 -0.03x €-263.16 Million €-556.31 Million €8.66 Billion ▼ -110.1%
2016 0.30x €2.31 Billion €2.09 Billion €7.71 Billion ▲ +125.2%
2015 0.13x €1.05 Billion €637.80 Million €7.87 Billion ▲ +28.0%
2014 0.10x €731.68 Million €74.87 Million €7.03 Billion ▲ +101.2%
2013 0.05x €333.01 Million €-141.52 Million €6.44 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities