Topgolf Callaway Brands Corp. Financial Flexibility Index
Topgolf Callaway Brands Corp. financial flexibility index. 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). See cash generation quality of Topgolf Callaway Brands Corp. to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Topgolf Callaway Brands Corp. (1991–2024)
Financial flexibility index of Topgolf Callaway Brands Corp. from 1991 to 2024. Historical Financial Flexibility Index trend for Topgolf Callaway Brands Corp. across 34 annual periods. Check Topgolf Callaway Brands Corp. cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
Topgolf Callaway Brands Corp. Financial Flexibility Index by Year (1991–2024)
Topgolf Callaway Brands Corp. financial flexibility index by year from 1991 to 2024. Year-by-year free cash flow to debt coverage for Topgolf Callaway Brands Corp.. For the full cash flow conversion analysis, see cash flow conversion of Topgolf Callaway Brands Corp..
| 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 | — |