Taiwan Mask Corp (2338) — Financial Flexibility Index

Latest as of September 2025: 0.05x

Taiwan Mask Corp (2338) has a Financial Flexibility Index of 0.05x as of September 2025. Free cash flow of NT$648.75 Million (operating CF NT$541.21 Million minus capex NT$107.54 Million) represents 0% of total liabilities (NT$13.60 Billion). Check 2338 cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.05x
Free Cash Flow / Total Liabilities

Free Cash Flow

NT$648.75 Million
Operating CF − Capex

Total Liabilities

NT$13.60 Billion
TWD

Capital Expenditures

NT$107.54 Million
TWD

Taiwan Mask Corp Financial Flexibility Index (2002–2024)

Historical Financial Flexibility Index trend for Taiwan Mask Corp across 23 annual periods. For the full cash flow conversion analysis, see 2338 cash flow conversion.

Annual Financial Flexibility Index for Taiwan Mask Corp (2002–2024)

Year-by-year free cash flow to debt coverage for Taiwan Mask Corp. Explore Taiwan Mask Corp cash debt coverage 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 0.23x NT$3.92 Billion NT$1.90 Billion NT$16.74 Billion ▼ -6.9%
2023 0.25x NT$4.00 Billion NT$817.03 Million NT$15.87 Billion ▼ -22.5%
2022 0.32x NT$4.37 Billion NT$1.41 Billion NT$13.46 Billion ▲ +479.3%
2021 0.06x NT$630.21 Million NT$-1.27 Billion NT$11.24 Billion ▼ -83.9%
2020 0.35x NT$1.96 Billion NT$-69.94 Million NT$5.65 Billion ▼ -34.4%
2019 0.53x NT$1.38 Billion NT$671.75 Million NT$2.60 Billion ▲ +1313.0%
2018 0.04x NT$48.34 Million NT$-159.44 Million NT$1.29 Billion ▼ -96.8%
2017 1.16x NT$729.16 Million NT$598.37 Million NT$631.01 Million ▲ +292.4%
2016 0.29x NT$100.25 Million NT$44.56 Million NT$340.42 Million ▼ -74.9%
2015 1.17x NT$395.40 Million NT$294.11 Million NT$336.98 Million ▼ -4.6%
2014 1.23x NT$417.56 Million NT$270.56 Million NT$339.37 Million ▼ -27.2%
2013 1.69x NT$646.11 Million NT$428.14 Million NT$382.07 Million ▼ -22.1%
2012 2.17x NT$1.38 Billion NT$1.03 Billion NT$636.20 Million ▲ +244.4%
2011 0.63x NT$506.55 Million NT$475.17 Million NT$803.37 Million ▼ -41.0%
2010 1.07x NT$1.03 Billion NT$961.57 Million NT$966.69 Million ▲ +212.5%
2009 0.34x NT$407.02 Million NT$230.93 Million NT$1.19 Billion ▼ -89.3%
2008 3.20x NT$2.82 Billion NT$2.24 Billion NT$879.64 Million ▲ +488.9%
2007 0.54x NT$1.43 Billion NT$1.20 Billion NT$2.64 Billion ▼ -23.8%
2006 0.71x NT$2.30 Billion NT$1.36 Billion NT$3.23 Billion ▼ -4.2%
2005 0.74x NT$2.10 Billion NT$1.27 Billion NT$2.82 Billion ▲ +23.5%
2004 0.60x NT$1.86 Billion NT$1.32 Billion NT$3.09 Billion ▼ -2.0%
2003 0.62x NT$1.65 Billion NT$1.46 Billion NT$2.68 Billion ▼ -39.2%
2002 1.01x NT$2.18 Billion NT$1.50 Billion NT$2.15 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities