Rand Capital Corp (RAND) — Financial Flexibility Index

Latest as of September 2025: 0.51x

Rand Capital Corp (RAND) has a Financial Flexibility Index of 0.51x as of September 2025. Free cash flow of $491.77K (operating CF $491.77K minus capex $2.00) represents 1% of total liabilities ($958.27K). Check RAND cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.51x
Free Cash Flow / Total Liabilities

Free Cash Flow

$491.77K
Operating CF − Capex

Total Liabilities

$958.27K
USD

Capital Expenditures

$2.00
USD

Rand Capital Corp Financial Flexibility Index (1994–2024)

Historical Financial Flexibility Index trend for Rand Capital Corp across 27 annual periods. For the full cash flow conversion analysis, see RAND cash flow conversion.

Annual Financial Flexibility Index for Rand Capital Corp (1994–2024)

Year-by-year free cash flow to debt coverage for Rand Capital Corp. Explore Rand Capital Corp debt service capacity to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2024 2.15x $15.33 Million $15.33 Million $7.12 Million ▲ +610.8%
2023 0.30x $6.12 Million $6.12 Million $20.21 Million ▲ +590.9%
2022 0.04x $252.37K $252.37K $5.76 Million ▲ +100.1%
2021 -76.24x $-3.94 Million $-3.94 Million $51.69K ▼ -183546.1%
2020 -0.04x $-616.97K $-616.97K $14.86 Million ▼ -107.9%
2019 0.52x $5.84 Million $5.84 Million $11.16 Million ▲ +262.4%
2018 -0.32x $-2.90 Million $-2.90 Million $9.00 Million ▲ +56.0%
2017 -0.73x $-6.02 Million $-6.02 Million $8.22 Million ▼ -211.0%
2016 0.66x $6.46 Million $6.46 Million $9.79 Million ▲ +402.9%
2015 -0.22x $-2.38 Million $-2.38 Million $10.91 Million ▼ -113.8%
2014 -0.10x $-1.34 Million $-1.35 Million $13.17 Million ▼ -137.7%
2013 -0.04x $-500.61K $-508.16K $11.68 Million ▼ -111.9%
2012 0.36x $3.06 Million $3.06 Million $8.47 Million ▲ +290.2%
2011 0.09x $641.64K $641.64K $6.93 Million ▲ +133.5%
2010 -0.28x $-3.33 Million $-3.33 Million $12.04 Million ▼ -703.0%
2009 -0.03x $-427.95K $-427.95K $12.43 Million ▲ +41.1%
2008 -0.06x $-701.31K $-713.53K $12.00 Million ▼ -68.7%
2007 -0.03x $-447.00K $-448.00K $12.90 Million ▼ -46.0%
2006 -0.02x $-301.00K $-313.00K $12.68 Million ▲ +70.8%
2005 -0.08x $-606.00K $-610.00K $7.45 Million ▼ -78.0%
2004 -0.05x $-170.00K $-180.00K $3.72 Million ▲ +98.8%
2003 -3.85x $-578.00K $-580.00K $150.00K ▲ +54.7%
2002 -8.50x $-680.00K $-690.00K $80.00K ▼ -167.8%
2001 -3.17x $-730.00K $-740.00K $230.00K ▼ -273.1%
2000 1.83x $110.00K $110.00K $60.00K ▲ +119.3%
1999 -9.50x $-380.00K $-410.00K $40.00K ▼ -6787.5%
1994 -0.14x $-400.00K $-400.00K $2.90 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities