Bluescope Steel Ltd (BSL) — Financial Flexibility Index
Bluescope Steel Ltd (BSL) has a Financial Flexibility Index of 0.35x as of December 2025. Free cash flow of AU$1.51 Billion (operating CF AU$787.30 Million minus capex AU$725.40 Million) represents 0% of total liabilities (AU$4.37 Billion). Check BSL total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Bluescope Steel Ltd Financial Flexibility Index (2002–2025)
Historical Financial Flexibility Index trend for Bluescope Steel Ltd across 24 annual periods. For the full cash flow conversion analysis, see Bluescope Steel Ltd cash flow conversion.
Annual Financial Flexibility Index for Bluescope Steel Ltd (2002–2025)
Year-by-year free cash flow to debt coverage for Bluescope Steel Ltd. Explore Bluescope Steel Ltd cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (AUD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.59x | AU$2.65 Billion | AU$1.41 Billion | AU$4.51 Billion | ▲ +8.0% |
| 2024 | 0.54x | AU$2.39 Billion | AU$1.41 Billion | AU$4.39 Billion | ▼ -10.0% |
| 2023 | 0.60x | AU$2.96 Billion | AU$2.15 Billion | AU$4.90 Billion | ▲ +14.9% |
| 2022 | 0.53x | AU$3.24 Billion | AU$2.47 Billion | AU$6.16 Billion | ▲ +8.3% |
| 2021 | 0.48x | AU$2.42 Billion | AU$1.66 Billion | AU$4.99 Billion | ▲ +56.8% |
| 2020 | 0.31x | AU$1.40 Billion | AU$817.90 Million | AU$4.52 Billion | ▼ -34.1% |
| 2019 | 0.47x | AU$2.04 Billion | AU$1.68 Billion | AU$4.35 Billion | ▲ +23.6% |
| 2018 | 0.38x | AU$1.54 Billion | AU$1.14 Billion | AU$4.04 Billion | ▲ +2.2% |
| 2017 | 0.37x | AU$1.50 Billion | AU$1.13 Billion | AU$4.04 Billion | ▲ +24.8% |
| 2016 | 0.30x | AU$1.24 Billion | AU$952.00 Million | AU$4.16 Billion | ▲ +2.3% |
| 2015 | 0.29x | AU$914.50 Million | AU$538.70 Million | AU$3.14 Billion | ▲ +26.6% |
| 2014 | 0.23x | AU$704.90 Million | AU$407.10 Million | AU$3.06 Billion | ▲ +42.5% |
| 2013 | 0.16x | AU$463.80 Million | AU$161.00 Million | AU$2.87 Billion | ▼ -3.9% |
| 2012 | 0.17x | AU$496.90 Million | AU$267.40 Million | AU$2.95 Billion | ▲ +37.2% |
| 2011 | 0.12x | AU$416.30 Million | AU$21.30 Million | AU$3.40 Billion | ▼ -47.0% |
| 2010 | 0.23x | AU$750.20 Million | AU$376.90 Million | AU$3.24 Billion | ▼ -36.7% |
| 2009 | 0.37x | AU$1.17 Billion | AU$424.50 Million | AU$3.20 Billion | ▼ -3.3% |
| 2008 | 0.38x | AU$1.71 Billion | AU$1.30 Billion | AU$4.52 Billion | ▼ -0.1% |
| 2007 | 0.38x | AU$1.38 Billion | AU$964.40 Million | AU$3.64 Billion | ▲ +53.6% |
| 2006 | 0.25x | AU$1.03 Billion | AU$231.70 Million | AU$4.18 Billion | ▼ -51.0% |
| 2005 | 0.50x | AU$1.49 Billion | AU$889.00 Million | AU$2.96 Billion | ▲ +24.0% |
| 2004 | 0.41x | AU$1.05 Billion | AU$760.10 Million | AU$2.59 Billion | ▼ -24.7% |
| 2003 | 0.54x | AU$894.70 Million | AU$711.40 Million | AU$1.66 Billion | ▲ +650.1% |
| 2002 | 0.07x | AU$213.10 Million | AU$134.80 Million | AU$2.97 Billion | — |