Iron Force Industrial Co Ltd (2228) — Financial Flexibility Index

Latest as of September 2025: 0.21x

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 2228 cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.21x
Free Cash Flow / Total Liabilities

Free Cash Flow

NT$421.79 Million
Operating CF − Capex

Total Liabilities

NT$1.98 Billion
TWD

Capital Expenditures

NT$42.94 Million
TWD

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. For the full cash flow conversion analysis, see cash efficiency ratio of Iron Force Industrial Co Ltd.

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. Explore Iron Force Industrial Co Ltd cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities