Mustang Industrial (5460) — Financial Flexibility Index

Latest as of December 2025: 0.23x

Mustang Industrial (5460) has a Financial Flexibility Index of 0.23x as of December 2025. Free cash flow of NT$19.76 Million (operating CF NT$17.60 Million minus capex NT$2.17 Million) represents 0% of total liabilities (NT$84.79 Million). Also explore 5460 net asset momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.23x
Free Cash Flow / Total Liabilities

Free Cash Flow

NT$19.76 Million
Operating CF − Capex

Total Liabilities

NT$84.79 Million
TWD

Capital Expenditures

NT$2.17 Million
TWD

Mustang Industrial Financial Flexibility Index (2017–2025)

Historical Financial Flexibility Index trend for Mustang Industrial across 9 annual periods. Check 5460 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Mustang Industrial (2017–2025)

Year-by-year free cash flow to debt coverage for Mustang Industrial. For the full company profile including market capitalisation, see Mustang Industrial stock valuation.

Year Flexibility Index Free Cash Flow (TWD) Operating CF Total Liabilities YoY Change
2025 0.48x NT$41.03 Million NT$37.83 Million NT$84.79 Million ▲ +56.6%
2024 0.31x NT$28.58 Million NT$27.73 Million NT$92.52 Million ▼ -49.5%
2023 0.61x NT$61.10 Million NT$61.01 Million NT$99.87 Million ▼ -29.8%
2022 0.87x NT$103.52 Million NT$95.80 Million NT$118.69 Million ▲ +286.2%
2021 0.23x NT$31.89 Million NT$30.50 Million NT$141.20 Million ▼ -83.7%
2020 1.39x NT$240.41 Million NT$163.94 Million NT$173.12 Million ▲ +46.5%
2019 0.95x NT$220.49 Million NT$112.49 Million NT$232.56 Million ▲ +30.2%
2018 0.73x NT$220.60 Million NT$122.59 Million NT$302.97 Million ▲ +18.9%
2017 0.61x NT$164.51 Million NT$83.97 Million NT$268.57 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities