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). Check Fortune Rise Acquisition Corp asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. See Fortune Rise Acquisition Corp short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

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 company net worth.

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