Merafe (MRF) — Financial Flexibility Index
Merafe (MRF) has a Financial Flexibility Index of 0.04x as of June 2025. Free cash flow of ZAC43.54 Million (operating CF ZAC-159.96 Million minus capex ZAC203.50 Million) represents 0% of total liabilities (ZAC1.10 Billion). Check MRF 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
Merafe Financial Flexibility Index (2001–2024)
Historical Financial Flexibility Index trend for Merafe across 24 annual periods. See Merafe (MRF) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Merafe (2001–2024)
Year-by-year free cash flow to debt coverage for Merafe. For the full company profile including market capitalisation, see Merafe (MRF) total market value.
| Year | Flexibility Index | Free Cash Flow (ZAC) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 1.93x | ZAC2.44 Billion | ZAC1.78 Billion | ZAC1.27 Billion | ▲ +6.0% |
| 2023 | 1.82x | ZAC2.55 Billion | ZAC1.88 Billion | ZAC1.40 Billion | ▲ +12.5% |
| 2022 | 1.62x | ZAC2.18 Billion | ZAC1.70 Billion | ZAC1.35 Billion | ▲ +15.4% |
| 2021 | 1.40x | ZAC1.65 Billion | ZAC1.16 Billion | ZAC1.18 Billion | ▲ +39.7% |
| 2020 | 1.00x | ZAC838.29 Million | ZAC495.31 Million | ZAC836.03 Million | ▼ -8.6% |
| 2019 | 1.10x | ZAC1.29 Billion | ZAC761.04 Million | ZAC1.18 Billion | ▲ +107.6% |
| 2018 | 0.53x | ZAC890.76 Million | ZAC478.50 Million | ZAC1.69 Billion | ▼ -49.6% |
| 2017 | 1.05x | ZAC1.80 Billion | ZAC1.40 Billion | ZAC1.72 Billion | ▲ +174.5% |
| 2016 | 0.38x | ZAC789.09 Million | ZAC501.51 Million | ZAC2.07 Billion | ▼ -41.0% |
| 2015 | 0.65x | ZAC1.26 Billion | ZAC955.68 Million | ZAC1.94 Billion | ▲ +97.0% |
| 2014 | 0.33x | ZAC749.38 Million | ZAC306.06 Million | ZAC2.28 Billion | ▼ -37.4% |
| 2013 | 0.53x | ZAC1.09 Billion | ZAC486.61 Million | ZAC2.08 Billion | ▼ -3.3% |
| 2012 | 0.54x | ZAC860.27 Million | ZAC257.05 Million | ZAC1.58 Billion | ▼ -1.8% |
| 2011 | 0.55x | ZAC699.52 Million | ZAC295.12 Million | ZAC1.26 Billion | ▲ +33.2% |
| 2010 | 0.42x | ZAC516.32 Million | ZAC245.82 Million | ZAC1.24 Billion | ▲ +27.3% |
| 2009 | 0.33x | ZAC349.41 Million | ZAC166.82 Million | ZAC1.07 Billion | ▼ -59.0% |
| 2008 | 0.80x | ZAC1.01 Billion | ZAC875.87 Million | ZAC1.28 Billion | ▲ +33.1% |
| 2007 | 0.60x | ZAC685.96 Million | ZAC304.62 Million | ZAC1.15 Billion | ▲ +1452.2% |
| 2006 | 0.04x | ZAC38.56 Million | ZAC-128.03 Million | ZAC1.00 Billion | ▼ -93.4% |
| 2005 | 0.58x | ZAC649.16 Million | ZAC52.07 Million | ZAC1.12 Billion | ▲ +2954.1% |
| 2004 | 0.02x | ZAC17.27 Million | ZAC319.00K | ZAC908.59 Million | ▲ +124.1% |
| 2003 | -0.08x | ZAC-48.73 Million | ZAC-100.83 Million | ZAC617.13 Million | ▼ -120.2% |
| 2002 | -0.04x | ZAC-20.00 Million | ZAC-73.19 Million | ZAC557.68 Million | ▼ -102.8% |
| 2001 | 1.26x | ZAC478.32 Million | ZAC-30.61 Million | ZAC380.06 Million | — |