Akshar Spintex Limited (AKSHAR) — Financial Flexibility Index

Latest as of September 2023: 0.04x

Akshar Spintex Limited (AKSHAR) has a Financial Flexibility Index of 0.04x as of September 2023. Free cash flow of Rs12.66 Million (operating CF Rs11.54 Million minus capex Rs1.11 Million) represents 0% of total liabilities (Rs324.21 Million). Check AKSHAR capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.04x
Free Cash Flow / Total Liabilities

Free Cash Flow

Rs12.66 Million
Operating CF − Capex

Total Liabilities

Rs324.21 Million
INR

Capital Expenditures

Rs1.11 Million
INR

Akshar Spintex Limited Financial Flexibility Index (2014–2025)

Historical Financial Flexibility Index trend for Akshar Spintex Limited across 12 annual periods. See AKSHAR net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Akshar Spintex Limited (2014–2025)

Year-by-year free cash flow to debt coverage for Akshar Spintex Limited. For the full company profile including market capitalisation, see AKSHAR stock market capitalisation.

Year Flexibility Index Free Cash Flow (INR) Operating CF Total Liabilities YoY Change
2025 -2.73x Rs-270.62 Million Rs-295.72 Million Rs99.02 Million ▼ -972.9%
2024 0.31x Rs93.86 Million Rs47.71 Million Rs299.75 Million ▲ +11.3%
2023 0.28x Rs100.71 Million Rs98.36 Million Rs357.99 Million ▲ +349.7%
2022 0.06x Rs33.03 Million Rs19.12 Million Rs528.05 Million ▼ -65.2%
2021 0.18x Rs66.63 Million Rs61.44 Million Rs370.68 Million ▼ -11.2%
2020 0.20x Rs79.42 Million Rs77.90 Million Rs392.43 Million ▼ -35.1%
2019 0.31x Rs136.49 Million Rs85.35 Million Rs437.84 Million ▲ +79.8%
2018 0.17x Rs76.67 Million Rs71.82 Million Rs442.17 Million ▲ +25.0%
2017 0.14x Rs70.26 Million Rs57.82 Million Rs506.46 Million ▼ -57.6%
2016 0.33x Rs159.56 Million Rs76.63 Million Rs487.21 Million ▼ -65.5%
2015 0.95x Rs482.24 Million Rs58.01 Million Rs508.00 Million ▲ +367.8%
2014 0.20x Rs45.22 Million Rs-79.56 Million Rs222.86 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities