Mi Chang Oil (003650) — Financial Flexibility Index

Latest as of March 2026: 0.29x

Mi Chang Oil (003650) has a Financial Flexibility Index of 0.29x as of March 2026. Free cash flow of ₩20.82 Billion (operating CF ₩20.35 Billion minus capex ₩468.43 Million) represents 0% of total liabilities (₩71.56 Billion). Check how aggressively does Mi Chang Oil reinvest cash to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.29x
Free Cash Flow / Total Liabilities

Free Cash Flow

₩20.82 Billion
Operating CF − Capex

Total Liabilities

₩71.56 Billion
KRW

Capital Expenditures

₩468.43 Million
KRW

Mi Chang Oil Financial Flexibility Index (2009–2025)

Historical Financial Flexibility Index trend for Mi Chang Oil across 17 annual periods. For the full cash flow conversion analysis, see 003650 cash flow conversion.

Annual Financial Flexibility Index for Mi Chang Oil (2009–2025)

Year-by-year free cash flow to debt coverage for Mi Chang Oil. Explore 003650 operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (KRW) Operating CF Total Liabilities YoY Change
2025 0.79x ₩42.92 Billion ₩40.34 Billion ₩54.55 Billion ▲ +97.6%
2024 0.40x ₩30.43 Billion ₩23.71 Billion ₩76.42 Billion ▼ -62.7%
2023 1.07x ₩54.92 Billion ₩54.10 Billion ₩51.38 Billion ▲ +134.9%
2022 0.46x ₩16.46 Billion ₩15.32 Billion ₩36.18 Billion ▲ +22.9%
2021 0.37x ₩16.89 Billion ₩15.24 Billion ₩45.62 Billion ▼ -69.6%
2020 1.22x ₩42.31 Billion ₩38.16 Billion ₩34.69 Billion ▲ +204.4%
2019 0.40x ₩15.00 Billion ₩6.48 Billion ₩37.42 Billion ▼ -55.6%
2018 0.90x ₩29.89 Billion ₩12.09 Billion ₩33.11 Billion ▲ +13791.6%
2017 0.01x ₩213.91 Million ₩-4.46 Billion ₩32.92 Billion ▼ -99.3%
2016 0.90x ₩32.69 Billion ₩28.60 Billion ₩36.36 Billion ▼ -28.3%
2015 1.25x ₩44.83 Billion ₩40.17 Billion ₩35.77 Billion ▼ -17.4%
2014 1.52x ₩32.46 Billion ₩29.25 Billion ₩21.39 Billion ▲ +11.8%
2013 1.36x ₩34.16 Billion ₩21.39 Billion ₩25.15 Billion ▲ +55.5%
2012 0.87x ₩30.69 Billion ₩23.71 Billion ₩35.15 Billion ▲ +183.6%
2011 0.31x ₩14.10 Billion ₩-2.84 Billion ₩45.79 Billion ▲ +8.7%
2010 0.28x ₩14.22 Billion ₩7.21 Billion ₩50.18 Billion ▼ -41.3%
2009 0.48x ₩25.36 Billion ₩24.38 Billion ₩52.50 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities