Iron Force Industrial Co Ltd (2228) — Financial Flexibility Index
Iron Force Industrial Co Ltd (2228) has a Financial Flexibility Index of 0.21x as of September 2025. Free cash flow of NT$421.79 Million (operating CF NT$378.85 Million minus capex NT$42.94 Million) represents 0% of total liabilities (NT$1.98 Billion). Check asset allocation strategy of Iron Force Industrial Co Ltd to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Iron Force Industrial Co Ltd Financial Flexibility Index (2009–2024)
Historical Financial Flexibility Index trend for Iron Force Industrial Co Ltd across 16 annual periods. See 2228 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Iron Force Industrial Co Ltd (2009–2024)
Year-by-year free cash flow to debt coverage for Iron Force Industrial Co Ltd. For the full company profile including market capitalisation, see market value of Iron Force Industrial Co Ltd.
| Year | Flexibility Index | Free Cash Flow (TWD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.39x | NT$619.25 Million | NT$474.66 Million | NT$1.60 Billion | ▼ -54.0% |
| 2023 | 0.84x | NT$1.49 Billion | NT$1.29 Billion | NT$1.77 Billion | ▲ +375.3% |
| 2022 | 0.18x | NT$345.23 Million | NT$196.58 Million | NT$1.95 Billion | ▼ -42.0% |
| 2021 | 0.31x | NT$497.25 Million | NT$315.36 Million | NT$1.63 Billion | ▲ +1.3% |
| 2020 | 0.30x | NT$546.58 Million | NT$242.90 Million | NT$1.81 Billion | ▼ -68.5% |
| 2019 | 0.96x | NT$1.10 Billion | NT$679.17 Million | NT$1.15 Billion | ▲ +15.0% |
| 2018 | 0.83x | NT$948.50 Million | NT$537.40 Million | NT$1.14 Billion | ▼ -16.1% |
| 2017 | 0.99x | NT$1.02 Billion | NT$714.62 Million | NT$1.02 Billion | ▼ -4.7% |
| 2016 | 1.04x | NT$1.22 Billion | NT$775.65 Million | NT$1.17 Billion | ▼ -19.8% |
| 2015 | 1.30x | NT$1.18 Billion | NT$772.51 Million | NT$910.48 Million | ▲ +41.3% |
| 2014 | 0.92x | NT$661.53 Million | NT$522.74 Million | NT$721.03 Million | ▲ +14.0% |
| 2013 | 0.80x | NT$451.00 Million | NT$358.09 Million | NT$560.29 Million | ▲ +89.6% |
| 2012 | 0.42x | NT$382.34 Million | NT$246.80 Million | NT$900.35 Million | ▼ -35.4% |
| 2011 | 0.66x | NT$415.30 Million | NT$189.56 Million | NT$632.16 Million | ▲ +119.4% |
| 2010 | 0.30x | NT$129.27 Million | NT$99.21 Million | NT$431.73 Million | ▼ -47.7% |
| 2009 | 0.57x | NT$168.67 Million | NT$149.69 Million | NT$294.39 Million | — |