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 FTP capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
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. See First Tractor Company Limited short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
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 market cap of First Tractor Company Limited.
| 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 | — |