Fortune Rise Acquisition Corp (FRLA) — Financial Flexibility Index

Latest as of September 2024: -0.02x

Fortune Rise Acquisition Corp (FRLA) has a Financial Flexibility Index of -0.02x as of September 2024. Free cash flow of $-221.34K (operating CF $-221.34K minus capex $4.00) represents 0% of total liabilities ($11.37 Million). Also explore how fast is Fortune Rise Acquisition Corp growing its equity to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

-0.02x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-221.34K
Operating CF − Capex

Total Liabilities

$11.37 Million
USD

Capital Expenditures

$4.00
USD

Fortune Rise Acquisition Corp Financial Flexibility Index (2021–2023)

Historical Financial Flexibility Index trend for Fortune Rise Acquisition Corp across 3 annual periods. Check Fortune Rise Acquisition Corp (FRLA) asset resilience to evaluate the company's liquid asset resilience ratio.

Annual Financial Flexibility Index for Fortune Rise Acquisition Corp (2021–2023)

Year-by-year free cash flow to debt coverage for Fortune Rise Acquisition Corp. For the full company profile including market capitalisation, see FRLA market cap.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2023 -0.35x $-3.19 Million $-3.19 Million $9.18 Million ▼ -147.5%
2022 -0.14x $-689.07K $-689.07K $4.92 Million ▼ -75.5%
2021 -0.08x $-276.81K $-276.81K $3.47 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities