Forza X1 Inc (FRZA) — Financial Flexibility Index

Latest as of September 2024: -4.80x

Forza X1 Inc (FRZA) has a Financial Flexibility Index of -4.80x as of September 2024. Free cash flow of $-869.01K (operating CF $-885.51K minus capex $16.50K) represents -5% of total liabilities ($180.87K). Also explore Forza X1 Inc annual equity growth to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

-4.80x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-869.01K
Operating CF − Capex

Total Liabilities

$180.87K
USD

Capital Expenditures

$16.50K
USD

Forza X1 Inc Financial Flexibility Index (2021–2023)

Historical Financial Flexibility Index trend for Forza X1 Inc across 3 annual periods. Check asset allocation strategy of Forza X1 Inc to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Forza X1 Inc (2021–2023)

Year-by-year free cash flow to debt coverage for Forza X1 Inc. For the full company profile including market capitalisation, see FRZA market cap overview.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2023 -1.50x $-1.35 Million $-4.15 Million $901.31K ▲ +71.7%
2022 -5.31x $-2.77 Million $-3.38 Million $521.72K ▼ -3035.2%
2021 0.18x $124.92K $-304.11K $690.38K
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities