Callaway Golf Company (CALY) — Financial Flexibility Index

Latest as of June 2026: 0.42x

Callaway Golf Company (CALY) has a Financial Flexibility Index of 0.42x as of June 2026. Free cash flow of $260.90 Million (operating CF $249.50 Million minus capex $11.40 Million) represents 0% of total liabilities ($620.50 Million). Check Callaway Golf Company investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.42x
Free Cash Flow / Total Liabilities

Free Cash Flow

$260.90 Million
Operating CF − Capex

Total Liabilities

$620.50 Million
USD

Capital Expenditures

$11.40 Million
USD

Callaway Golf Company Financial Flexibility Index (2005–2025)

Historical Financial Flexibility Index trend for Callaway Golf Company across 21 annual periods. For the full cash flow conversion analysis, see CALY cash flow conversion.

Annual Financial Flexibility Index for Callaway Golf Company (2005–2025)

Year-by-year free cash flow to debt coverage for Callaway Golf Company. Explore Callaway Golf Company (CALY) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.07x $366.60 Million $334.00 Million $5.22 Billion ▼ -46.0%
2024 0.13x $680.60 Million $382.00 Million $5.23 Billion ▼ -19.5%
2023 0.16x $847.50 Million $364.70 Million $5.24 Billion ▲ +55.6%
2022 0.10x $500.40 Million $-35.10 Million $4.82 Billion ▼ -29.7%
2021 0.15x $600.60 Million $278.30 Million $4.06 Billion ▼ -27.9%
2020 0.20x $267.50 Million $228.24 Million $1.30 Billion ▲ +73.2%
2019 0.12x $141.25 Million $86.55 Million $1.19 Billion ▼ -70.8%
2018 0.41x $129.11 Million $92.28 Million $318.64 Million ▼ -6.6%
2017 0.43x $143.90 Million $117.70 Million $331.78 Million ▼ -11.0%
2016 0.49x $93.86 Million $77.71 Million $192.68 Million ▲ +136.6%
2015 0.21x $44.95 Million $30.58 Million $218.28 Million ▲ +45.9%
2014 0.14x $47.02 Million $36.27 Million $333.28 Million ▲ +1208.7%
2013 0.01x $4.09 Million $-8.95 Million $379.24 Million ▲ +132.7%
2012 -0.03x $-10.40 Million $-28.81 Million $315.93 Million ▼ -118.1%
2011 0.18x $39.03 Million $10.10 Million $214.30 Million ▲ +8.2%
2010 0.17x $31.85 Million $9.63 Million $189.13 Million ▼ -65.8%
2009 0.49x $81.72 Million $42.87 Million $166.05 Million ▲ +46.0%
2008 0.34x $92.71 Million $41.70 Million $274.97 Million ▼ -47.7%
2007 0.64x $184.91 Million $151.98 Million $286.75 Million ▲ +245.9%
2006 0.19x $49.74 Million $17.29 Million $266.84 Million ▼ -71.1%
2005 0.65x $104.56 Million $70.30 Million $161.93 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities