Topgolf Callaway Brands Corp. (MODG) — Financial Flexibility Index

Latest as of September 2025: 0.06x

Topgolf Callaway Brands Corp. (MODG) has a Financial Flexibility Index of 0.06x as of September 2025. Free cash flow of $294.70 Million (operating CF $228.40 Million minus capex $66.30 Million) represents 0% of total liabilities ($5.09 Billion). Also explore Topgolf Callaway Brands Corp. net asset momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.06x
Free Cash Flow / Total Liabilities

Free Cash Flow

$294.70 Million
Operating CF − Capex

Total Liabilities

$5.09 Billion
USD

Capital Expenditures

$66.30 Million
USD

Topgolf Callaway Brands Corp. Financial Flexibility Index (1991–2024)

Historical Financial Flexibility Index trend for Topgolf Callaway Brands Corp. across 34 annual periods. Check Topgolf Callaway Brands Corp. (MODG) strategic asset index to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Topgolf Callaway Brands Corp. (1991–2024)

Year-by-year free cash flow to debt coverage for Topgolf Callaway Brands Corp.. For the full company profile including market capitalisation, see MODG stock market capitalisation.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2024 0.13x $677.40 Million $382.00 Million $5.23 Billion ▼ -19.8%
2023 0.16x $846.70 Million $364.70 Million $5.24 Billion ▲ +56.4%
2022 0.10x $497.20 Million $-35.10 Million $4.82 Billion ▼ -30.1%
2021 0.15x $600.53 Million $278.26 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 ▲ +44.1%
2014 0.14x $47.63 Million $36.88 Million $333.28 Million ▲ +1225.6%
2013 0.01x $4.09 Million $-8.95 Million $379.24 Million ▲ +132.8%
2012 -0.03x $-10.40 Million $-28.81 Million $316.21 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 ▲ +59.0%
2008 0.31x $92.63 Million $41.62 Million $299.31 Million ▼ -52.0%
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 ▼ -70.0%
2005 0.62x $104.56 Million $70.30 Million $168.45 Million ▲ +168.6%
2004 0.23x $34.52 Million $8.54 Million $149.42 Million ▼ -70.9%
2003 0.80x $126.55 Million $118.74 Million $159.18 Million ▼ -49.0%
2002 1.56x $212.72 Million $139.21 Million $136.46 Million ▲ +53.4%
2001 1.02x $135.43 Million $100.15 Million $133.25 Million ▲ +1.4%
2000 1.00x $119.45 Million $91.06 Million $119.19 Million ▼ -47.9%
1999 1.92x $224.90 Million $166.30 Million $116.90 Million ▲ +257.8%
1998 0.54x $109.00 Million $30.40 Million $202.70 Million ▼ -81.5%
1997 2.91x $233.40 Million $165.50 Million $80.30 Million ▲ +74.5%
1996 1.67x $110.10 Million $74.70 Million $66.10 Million ▼ -13.2%
1995 1.92x $124.90 Million $95.40 Million $65.10 Million ▲ +61.6%
1994 1.19x $67.90 Million $41.80 Million $57.20 Million ▼ -38.8%
1993 1.94x $53.90 Million $33.00 Million $27.80 Million ▲ +46.4%
1992 1.32x $25.30 Million $13.90 Million $19.10 Million ▲ +177.1%
1991 0.48x $6.50 Million $5.00 Million $13.60 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities