Canna Global Acquisition Corp (CNGL) — Financial Flexibility Index

Latest as of March 2024: -0.03x

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 financial resilience of Canna Global Acquisition Corp to evaluate the company's liquid asset resilience ratio.

Financial Flexibility Index

-0.03x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-403.25K
Operating CF − Capex

Total Liabilities

$11.85 Million
USD

Capital Expenditures

$5.00
USD

Canna Global Acquisition Corp Financial Flexibility Index (2021–2023)

Historical Financial Flexibility Index trend for Canna Global Acquisition Corp across 3 annual periods. See working capital to net assets of Canna Global Acquisition Corp to evaluate short-term liquidity relative to the company's equity base.

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. For the full company profile including market capitalisation, see Canna Global Acquisition Corp (CNGL) market capitalisation.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities