Canna Global Acquisition Corp (CNGL) — Financial Flexibility Index
Canna Global Acquisition Corp (CNGL) has a Financial Flexibility Index of -0.03x as of March 2024. Free cash flow of $-403.25K (operating CF $-403.26K minus capex $5.00) represents 0% of total liabilities ($11.85 Million). Check CNGL total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Canna Global Acquisition Corp Financial Flexibility Index (2021–2023)
Historical Financial Flexibility Index trend for Canna Global Acquisition Corp across 3 annual periods. For the full cash flow conversion analysis, see CNGL cash generation efficiency.
Annual Financial Flexibility Index for Canna Global Acquisition Corp (2021–2023)
Year-by-year free cash flow to debt coverage for Canna Global Acquisition Corp. Explore Canna Global Acquisition Corp (CNGL) 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 |
|---|---|---|---|---|---|
| 2023 | -0.13x | $-1.52 Million | $-1.52 Million | $11.44 Million | ▼ -95.0% |
| 2022 | -0.07x | $-638.10K | $-638.10K | $9.36 Million | ▼ -103.2% |
| 2021 | -0.03x | $-279.02K | $-279.02K | $8.32 Million | — |