Topgolf Callaway Brands Corp. (MODG) — 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). Check how strategically is Topgolf Callaway Brands Corp.'s equity deployed to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Topgolf Callaway Brands Corp. Financial Flexibility Index (1991–2024)
Historical Financial Flexibility Index trend for Topgolf Callaway Brands Corp. across 34 annual periods. See Topgolf Callaway Brands Corp. current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
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 market cap 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 | — |