Fortune Rise Acquisition Corp (FRLA) — Financial Flexibility Index
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 tangible equity quality to evaluate the tangible quality of the company's equity base.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Fortune Rise Acquisition Corp Financial Flexibility Index (2021–2023)
Historical Financial Flexibility Index trend for Fortune Rise Acquisition Corp across 3 annual periods. For the full cash flow conversion analysis, see Fortune Rise Acquisition Corp cash conversion from operations.
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. Explore FRLA debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
| 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 | — |