Test Research Inc (3030) — Financial Flexibility Index
Test Research Inc (3030) has a Financial Flexibility Index of 0.18x as of March 2026. Free cash flow of NT$529.57 Million (operating CF NT$519.72 Million minus capex NT$9.85 Million) represents 0% of total liabilities (NT$2.95 Billion). Check Test Research Inc investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Test Research Inc Financial Flexibility Index (2002–2025)
Historical Financial Flexibility Index trend for Test Research Inc across 24 annual periods. For the full cash flow conversion analysis, see Test Research Inc (3030) cash conversion ratio.
Annual Financial Flexibility Index for Test Research Inc (2002–2025)
Year-by-year free cash flow to debt coverage for Test Research Inc. Explore how well can Test Research Inc service its debt to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (TWD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.79x | NT$2.01 Billion | NT$1.72 Billion | NT$2.55 Billion | ▼ -5.5% |
| 2024 | 0.83x | NT$1.55 Billion | NT$1.16 Billion | NT$1.86 Billion | ▼ -48.1% |
| 2023 | 1.60x | NT$2.75 Billion | NT$1.88 Billion | NT$1.72 Billion | ▲ +42.1% |
| 2022 | 1.13x | NT$2.15 Billion | NT$1.47 Billion | NT$1.91 Billion | ▲ +188.8% |
| 2021 | 0.39x | NT$746.54 Million | NT$591.41 Million | NT$1.91 Billion | ▼ -56.9% |
| 2020 | 0.91x | NT$1.17 Billion | NT$1.12 Billion | NT$1.30 Billion | ▼ -23.9% |
| 2019 | 1.19x | NT$1.41 Billion | NT$1.36 Billion | NT$1.19 Billion | ▲ +96.5% |
| 2018 | 0.61x | NT$678.01 Million | NT$626.81 Million | NT$1.12 Billion | ▲ +119.9% |
| 2017 | 0.28x | NT$289.97 Million | NT$248.47 Million | NT$1.05 Billion | ▼ -69.7% |
| 2016 | 0.91x | NT$586.51 Million | NT$553.03 Million | NT$644.27 Million | ▲ +23.8% |
| 2015 | 0.74x | NT$709.03 Million | NT$675.76 Million | NT$963.97 Million | ▼ -32.6% |
| 2014 | 1.09x | NT$1.19 Billion | NT$1.16 Billion | NT$1.09 Billion | ▼ -6.4% |
| 2013 | 1.17x | NT$1.15 Billion | NT$1.12 Billion | NT$987.18 Million | ▲ +6.5% |
| 2012 | 1.10x | NT$1.46 Billion | NT$1.43 Billion | NT$1.33 Billion | ▼ -15.4% |
| 2011 | 1.29x | NT$935.46 Million | NT$911.56 Million | NT$722.57 Million | ▲ +16.4% |
| 2010 | 1.11x | NT$711.32 Million | NT$659.46 Million | NT$639.57 Million | ▲ +102.0% |
| 2009 | 0.55x | NT$343.76 Million | NT$319.27 Million | NT$624.38 Million | ▼ -81.4% |
| 2008 | 2.95x | NT$1.38 Billion | NT$683.64 Million | NT$467.75 Million | ▲ +53.2% |
| 2007 | 1.93x | NT$1.05 Billion | NT$771.25 Million | NT$544.85 Million | ▲ +12.4% |
| 2006 | 1.72x | NT$1.09 Billion | NT$466.75 Million | NT$634.55 Million | ▲ +53.3% |
| 2005 | 1.12x | NT$481.85 Million | NT$385.99 Million | NT$430.47 Million | ▲ +24.1% |
| 2004 | 0.90x | NT$414.41 Million | NT$260.25 Million | NT$459.27 Million | ▲ +183.4% |
| 2003 | 0.32x | NT$144.66 Million | NT$61.04 Million | NT$454.39 Million | ▼ -66.9% |
| 2002 | 0.96x | NT$384.70 Million | NT$172.02 Million | NT$399.60 Million | — |