Santos Ltd (STO) — Financial Flexibility Index
Santos Ltd (STO) has a Financial Flexibility Index of 0.13x as of December 2025. Free cash flow of AU$2.05 Billion (operating CF AU$1.12 Billion minus capex AU$930.22 Million) represents 0% of total liabilities (AU$16.37 Billion). Also explore net asset growth rate of Santos Ltd to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Santos Ltd Financial Flexibility Index (1991–2025)
Historical Financial Flexibility Index trend for Santos Ltd across 35 annual periods. Check Santos Ltd (STO) strategic investment index to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for Santos Ltd (1991–2025)
Year-by-year free cash flow to debt coverage for Santos Ltd. For the full company profile including market capitalisation, see Santos Ltd market cap and net worth.
| Year | Flexibility Index | Free Cash Flow (AUD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.28x | AU$4.65 Billion | AU$2.65 Billion | AU$16.37 Billion | ▼ -23.8% |
| 2024 | 0.37x | AU$5.25 Billion | AU$2.85 Billion | AU$14.10 Billion | ▼ -4.1% |
| 2023 | 0.39x | AU$5.63 Billion | AU$3.26 Billion | AU$14.48 Billion | ▼ -2.2% |
| 2022 | 0.40x | AU$5.57 Billion | AU$3.86 Billion | AU$14.01 Billion | ▲ +105.4% |
| 2021 | 0.19x | AU$3.38 Billion | AU$2.27 Billion | AU$17.45 Billion | ▲ +21.3% |
| 2020 | 0.16x | AU$1.66 Billion | AU$1.48 Billion | AU$10.43 Billion | ▼ -38.9% |
| 2019 | 0.26x | AU$2.30 Billion | AU$2.05 Billion | AU$8.83 Billion | ▲ +11.2% |
| 2018 | 0.23x | AU$2.31 Billion | AU$2.24 Billion | AU$9.86 Billion | ▼ -9.9% |
| 2017 | 0.26x | AU$1.71 Billion | AU$1.02 Billion | AU$6.55 Billion | ▲ +7.7% |
| 2016 | 0.24x | AU$1.98 Billion | AU$1.31 Billion | AU$8.18 Billion | ▼ -12.6% |
| 2015 | 0.28x | AU$2.36 Billion | AU$899.59 Million | AU$8.54 Billion | ▼ -31.8% |
| 2014 | 0.41x | AU$4.29 Billion | AU$1.53 Billion | AU$10.58 Billion | ▼ -25.8% |
| 2013 | 0.55x | AU$5.07 Billion | AU$1.29 Billion | AU$9.27 Billion | ▼ -12.6% |
| 2012 | 0.63x | AU$4.98 Billion | AU$1.77 Billion | AU$7.97 Billion | ▲ +24.5% |
| 2011 | 0.50x | AU$3.52 Billion | AU$1.30 Billion | AU$7.00 Billion | ▲ +5.5% |
| 2010 | 0.48x | AU$2.98 Billion | AU$1.25 Billion | AU$6.26 Billion | ▼ -29.1% |
| 2009 | 0.67x | AU$2.65 Billion | AU$1.11 Billion | AU$3.95 Billion | ▼ -1.5% |
| 2008 | 0.68x | AU$2.54 Billion | AU$1.44 Billion | AU$3.72 Billion | ▲ +7.6% |
| 2007 | 0.63x | AU$2.23 Billion | AU$1.06 Billion | AU$3.52 Billion | ▼ -20.0% |
| 2006 | 0.79x | AU$2.22 Billion | AU$1.22 Billion | AU$2.80 Billion | ▼ -0.1% |
| 2005 | 0.79x | AU$1.87 Billion | AU$1.10 Billion | AU$2.36 Billion | ▲ +36.9% |
| 2004 | 0.58x | AU$1.11 Billion | AU$475.77 Million | AU$1.92 Billion | ▼ -25.9% |
| 2003 | 0.78x | AU$1.25 Billion | AU$681.77 Million | AU$1.60 Billion | ▲ +28.2% |
| 2002 | 0.61x | AU$839.80 Million | AU$450.90 Million | AU$1.38 Billion | ▲ +7.9% |
| 2001 | 0.56x | AU$669.51 Million | AU$315.98 Million | AU$1.19 Billion | ▼ -25.6% |
| 2000 | 0.76x | AU$993.79 Million | AU$607.29 Million | AU$1.31 Billion | ▲ +158.2% |
| 1999 | 0.29x | AU$616.63 Million | AU$339.78 Million | AU$2.10 Billion | ▲ +7.7% |
| 1998 | 0.27x | AU$382.54 Million | AU$268.69 Million | AU$1.40 Billion | ▼ -8.8% |
| 1997 | 0.30x | AU$412.56 Million | AU$284.94 Million | AU$1.38 Billion | ▼ -17.5% |
| 1996 | 0.36x | AU$625.37 Million | AU$341.96 Million | AU$1.72 Billion | ▼ -8.6% |
| 1995 | 0.40x | AU$412.68 Million | AU$266.78 Million | AU$1.04 Billion | ▼ -13.4% |
| 1994 | 0.46x | AU$485.44 Million | AU$285.00 Million | AU$1.06 Billion | ▼ -5.1% |
| 1993 | 0.48x | AU$474.55 Million | AU$286.26 Million | AU$982.49 Million | ▲ +36.7% |
| 1992 | 0.35x | AU$390.81 Million | AU$257.86 Million | AU$1.11 Billion | ▲ +7.0% |
| 1991 | 0.33x | AU$397.38 Million | AU$242.28 Million | AU$1.20 Billion | — |