Smith-Midland Corp (SMID) — Financial Flexibility Index
Smith-Midland Corp (SMID) has a Financial Flexibility Index of 0.05x as of June 2026. Free cash flow of $1.44 Million (operating CF $-485.00K minus capex $1.93 Million) represents 0% of total liabilities ($29.65 Million). Check SMID cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Smith-Midland Corp Financial Flexibility Index (1994–2025)
Historical Financial Flexibility Index trend for Smith-Midland Corp across 32 annual periods. For the full cash flow conversion analysis, see Smith-Midland Corp operating cash flow efficiency.
Annual Financial Flexibility Index for Smith-Midland Corp (1994–2025)
Year-by-year free cash flow to debt coverage for Smith-Midland Corp. Explore SMID operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.71x | $23.64 Million | $14.30 Million | $33.42 Million | ▲ +63.4% |
| 2024 | 0.43x | $11.36 Million | $5.16 Million | $26.25 Million | ▼ -7.7% |
| 2023 | 0.47x | $12.74 Million | $7.73 Million | $27.19 Million | ▲ +377.9% |
| 2022 | -0.17x | $-3.58 Million | $-6.33 Million | $21.26 Million | ▼ -125.0% |
| 2021 | 0.67x | $14.49 Million | $9.13 Million | $21.52 Million | ▲ +52.1% |
| 2020 | 0.44x | $10.11 Million | $7.49 Million | $22.85 Million | ▲ +19.6% |
| 2019 | 0.37x | $8.80 Million | $3.93 Million | $23.78 Million | ▼ -56.6% |
| 2018 | 0.85x | $19.21 Million | $8.47 Million | $22.52 Million | ▲ +80.9% |
| 2017 | 0.47x | $5.67 Million | $2.93 Million | $12.02 Million | ▼ -40.2% |
| 2016 | 0.79x | $7.74 Million | $3.99 Million | $9.81 Million | ▲ +255.8% |
| 2015 | 0.22x | $1.65 Million | $18.89K | $7.46 Million | ▼ -31.7% |
| 2014 | 0.32x | $1.89 Million | $1.43 Million | $5.82 Million | ▲ +36.1% |
| 2013 | 0.24x | $1.73 Million | $819.85K | $7.24 Million | ▼ -52.6% |
| 2012 | 0.50x | $3.00 Million | $2.89 Million | $5.95 Million | ▲ +419.4% |
| 2011 | 0.10x | $659.63K | $-83.11K | $6.80 Million | ▼ -69.7% |
| 2010 | 0.32x | $2.29 Million | $1.12 Million | $7.16 Million | ▼ -42.9% |
| 2009 | 0.56x | $3.85 Million | $3.17 Million | $6.87 Million | ▲ +117.6% |
| 2008 | 0.26x | $2.32 Million | $1.66 Million | $8.98 Million | ▲ +53.4% |
| 2007 | 0.17x | $1.42 Million | $838.21K | $8.44 Million | ▲ +89.9% |
| 2006 | 0.09x | $889.40K | $-11.74K | $10.05 Million | ▼ -67.1% |
| 2005 | 0.27x | $1.96 Million | $1.23 Million | $7.27 Million | ▲ +95.0% |
| 2004 | 0.14x | $1.02 Million | $734.41K | $7.39 Million | ▲ +1097.3% |
| 2003 | -0.01x | $-129.85K | $-899.30K | $9.39 Million | ▼ -108.1% |
| 2002 | 0.17x | $1.40 Million | $644.80K | $8.26 Million | ▲ +5.1% |
| 2001 | 0.16x | $1.57 Million | $1.16 Million | $9.70 Million | ▲ +200.6% |
| 2000 | 0.05x | $490.98K | $53.37K | $9.14 Million | ▼ -52.6% |
| 1999 | 0.11x | $891.89K | $354.81K | $7.86 Million | ▼ -1.2% |
| 1998 | 0.11x | $952.93K | $-284.76K | $8.30 Million | ▼ -36.1% |
| 1997 | 0.18x | $1.05 Million | $526.00K | $5.84 Million | ▲ +1802.7% |
| 1996 | -0.01x | $-57.10K | $-428.88K | $5.41 Million | ▲ +95.6% |
| 1995 | -0.24x | $-1.30 Million | $-1.50 Million | $5.40 Million | ▼ -449.1% |
| 1994 | 0.07x | $400.00K | $100.00K | $5.80 Million | — |