Tikun Olam Cannbit Pharmaceuticals Ltd (TKUN) — Financial Flexibility Index

Latest as of June 2023: -0.09x

Tikun Olam Cannbit Pharmaceuticals Ltd (TKUN) has a Financial Flexibility Index of -0.09x as of June 2023. Free cash flow of ILA-3.80 Million (operating CF ILA-4.35 Million minus capex ILA549.00K) represents 0% of total liabilities (ILA43.77 Million). Check tangible equity quality of Tikun Olam Cannbit Pharmaceuticals Ltd to evaluate the tangible quality of the company's equity base.

Financial Flexibility Index

-0.09x
Free Cash Flow / Total Liabilities

Free Cash Flow

ILA-3.80 Million
Operating CF − Capex

Total Liabilities

ILA43.77 Million
ILA

Capital Expenditures

ILA549.00K
ILA

Tikun Olam Cannbit Pharmaceuticals Ltd Financial Flexibility Index (2017–2024)

Historical Financial Flexibility Index trend for Tikun Olam Cannbit Pharmaceuticals Ltd across 8 annual periods. For the full cash flow conversion analysis, see Tikun Olam Cannbit Pharmaceuticals Ltd cash conversion from operations.

Annual Financial Flexibility Index for Tikun Olam Cannbit Pharmaceuticals Ltd (2017–2024)

Year-by-year free cash flow to debt coverage for Tikun Olam Cannbit Pharmaceuticals Ltd. Explore TKUN operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (ILA) Operating CF Total Liabilities YoY Change
2024 -0.13x ILA-3.76 Million ILA-3.77 Million ILA29.36 Million ▼ -189.3%
2023 -0.04x ILA-1.93 Million ILA-3.02 Million ILA43.53 Million ▲ +86.6%
2022 -0.33x ILA-13.23 Million ILA-18.22 Million ILA39.90 Million ▼ -18.5%
2021 -0.28x ILA-12.86 Million ILA-23.17 Million ILA45.96 Million ▼ -948.3%
2020 0.03x ILA1.94 Million ILA-24.38 Million ILA58.75 Million ▼ -80.9%
2019 0.17x ILA9.59 Million ILA-3.36 Million ILA55.56 Million ▲ +4003.5%
2018 0.00x ILA-31.00K ILA-1.76 Million ILA7.01 Million ▼ -100.2%
2017 2.66x ILA1.62 Million ILA-106.29K ILA610.00K
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities