Changhae Ethanol Co. Ltd (004650) — Financial Flexibility Index
Changhae Ethanol Co. Ltd (004650) has a Financial Flexibility Index of 0.28x as of March 2026. Free cash flow of ₩14.84 Billion (operating CF ₩14.74 Billion minus capex ₩104.14 Million) represents 0% of total liabilities (₩52.91 Billion). Check how strategically is Changhae Ethanol Co. Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Changhae Ethanol Co. Ltd Financial Flexibility Index (2014–2025)
Historical Financial Flexibility Index trend for Changhae Ethanol Co. Ltd across 12 annual periods. See Changhae Ethanol Co. Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Changhae Ethanol Co. Ltd (2014–2025)
Year-by-year free cash flow to debt coverage for Changhae Ethanol Co. Ltd. For the full company profile including market capitalisation, see 004650 market cap overview.
| Year | Flexibility Index | Free Cash Flow (KRW) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.53x | ₩26.11 Billion | ₩20.34 Billion | ₩48.94 Billion | ▲ +51.4% |
| 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 | — |