Micronet Ltd (MCRNT) — Financial Flexibility Index

Latest as of December 2022: -0.63x

Micronet Ltd (MCRNT) has a Financial Flexibility Index of -0.63x as of December 2022. Free cash flow of ILA-1.99 Million (operating CF ILA-2.02 Million minus capex ILA34.00K) represents -1% of total liabilities (ILA3.16 Million). Check MCRNT strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

-0.63x
Free Cash Flow / Total Liabilities

Free Cash Flow

ILA-1.99 Million
Operating CF − Capex

Total Liabilities

ILA3.16 Million
ILA

Capital Expenditures

ILA34.00K
ILA

Micronet Ltd Financial Flexibility Index (2017–2024)

Historical Financial Flexibility Index trend for Micronet Ltd across 8 annual periods. See MCRNT net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Micronet Ltd (2017–2024)

Year-by-year free cash flow to debt coverage for Micronet Ltd. For the full company profile including market capitalisation, see MCRNT company net worth.

Year Flexibility Index Free Cash Flow (ILA) Operating CF Total Liabilities YoY Change
2024 -2.19x ILA-1.34 Million ILA-1.35 Million ILA612.00K ▲ +28.9%
2023 -3.09x ILA-8.61 Million ILA-8.62 Million ILA2.79 Million ▼ -4.2%
2022 -2.96x ILA-9.35 Million ILA-9.55 Million ILA3.16 Million ▼ -267.2%
2021 -0.81x ILA-5.85 Million ILA-6.44 Million ILA7.26 Million ▼ -134.2%
2020 -0.34x ILA-4.09 Million ILA-4.26 Million ILA11.87 Million ▼ -36.8%
2019 -0.25x ILA-5.33 Million ILA-6.34 Million ILA21.18 Million ▲ +6.2%
2018 -0.27x ILA-5.46 Million ILA-6.11 Million ILA20.37 Million ▼ -40.8%
2017 -0.19x ILA-4.74 Million ILA-5.35 Million ILA24.90 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities