New Horizon Group Ltd (NERZ) — Financial Flexibility Index

Latest as of June 2019: -0.02x

New Horizon Group Ltd (NERZ) has a Financial Flexibility Index of -0.02x as of June 2019. Free cash flow of ILA-474.50K (operating CF ILA-474.50K minus capex ILA0.00) represents 0% of total liabilities (ILA22.86 Million). Check New Horizon Group Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Financial Flexibility Index

-0.02x
Free Cash Flow / Total Liabilities

Free Cash Flow

ILA-474.50K
Operating CF − Capex

Total Liabilities

ILA22.86 Million
ILA

Capital Expenditures

ILA0.00
ILA

New Horizon Group Ltd Financial Flexibility Index (2013–2018)

Historical Financial Flexibility Index trend for New Horizon Group Ltd across 6 annual periods. For the full cash flow conversion analysis, see New Horizon Group Ltd cash conversion from operations.

Annual Financial Flexibility Index for New Horizon Group Ltd (2013–2018)

Year-by-year free cash flow to debt coverage for New Horizon Group Ltd. Explore New Horizon Group Ltd debt service capacity to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (ILA) Operating CF Total Liabilities YoY Change
2018 -0.05x ILA-1.32 Million ILA-1.32 Million ILA27.72 Million ▲ +27.2%
2017 -0.07x ILA-1.48 Million ILA-1.48 Million ILA22.57 Million ▼ -22.0%
2016 -0.05x ILA-1.17 Million ILA-1.17 Million ILA21.83 Million ▲ +80.0%
2015 -0.27x ILA-3.94 Million ILA-3.94 Million ILA14.71 Million ▼ -55.1%
2014 -0.17x ILA-3.06 Million ILA-3.06 Million ILA17.75 Million ▼ -119.9%
2013 -0.08x ILA-2.46 Million ILA-2.47 Million ILA31.42 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities