First Tractor Company Limited (FTP) — Financial Flexibility Index
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). Check First Tractor Company Limited total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
First Tractor Company Limited Financial Flexibility Index (2013–2024)
Historical Financial Flexibility Index trend for First Tractor Company Limited across 12 annual periods. For the full cash flow conversion analysis, see First Tractor Company Limited cash flow conversion.
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. Explore FTP operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
| 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 | — |