Changhae Ethanol Co. Ltd (004650) — Financial Flexibility Index

Latest as of September 2025: 0.26x

Changhae Ethanol Co. Ltd (004650) has a Financial Flexibility Index of 0.26x as of September 2025. Free cash flow of ₩13.29 Billion (operating CF ₩11.74 Billion minus capex ₩1.55 Billion) represents 0% of total liabilities (₩50.91 Billion). Also explore Changhae Ethanol Co. Ltd (004650) net asset momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.26x
Free Cash Flow / Total Liabilities

Free Cash Flow

₩13.29 Billion
Operating CF − Capex

Total Liabilities

₩50.91 Billion
KRW

Capital Expenditures

₩1.55 Billion
KRW

Changhae Ethanol Co. Ltd Financial Flexibility Index (2014–2024)

Historical Financial Flexibility Index trend for Changhae Ethanol Co. Ltd across 11 annual periods. Check Changhae Ethanol Co. Ltd PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Changhae Ethanol Co. Ltd (2014–2024)

Year-by-year free cash flow to debt coverage for Changhae Ethanol Co. Ltd. For the full company profile including market capitalisation, see how much is Changhae Ethanol Co. Ltd worth.

Year Flexibility Index Free Cash Flow (KRW) Operating CF Total Liabilities YoY Change
2024 0.35x ₩20.09 Billion ₩15.22 Billion ₩57.01 Billion ▲ +102.0%
2023 0.17x ₩11.05 Billion ₩8.19 Billion ₩63.33 Billion ▲ +132.2%
2022 0.08x ₩4.74 Billion ₩3.12 Billion ₩63.13 Billion ▼ -72.3%
2021 0.27x ₩15.01 Billion ₩12.77 Billion ₩55.34 Billion ▲ +23.2%
2020 0.22x ₩14.28 Billion ₩12.21 Billion ₩64.85 Billion ▼ -52.9%
2019 0.47x ₩32.15 Billion ₩24.89 Billion ₩68.69 Billion ▲ +636.9%
2018 0.06x ₩16.48 Billion ₩9.05 Billion ₩259.54 Billion ▼ -63.9%
2017 0.18x ₩48.14 Billion ₩26.00 Billion ₩273.98 Billion ▼ -50.0%
2016 0.35x ₩101.58 Billion ₩1.49 Billion ₩289.09 Billion ▲ +7.1%
2015 0.33x ₩74.96 Billion ₩40.12 Billion ₩228.51 Billion ▲ +18.3%
2014 0.28x ₩45.83 Billion ₩31.01 Billion ₩165.28 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities