Santos Ltd Financial Flexibility Index
Santos Ltd 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). Explore STO capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Santos Ltd (1991–2025)
Financial flexibility index of Santos Ltd from 1991 to 2025. Historical Financial Flexibility Index trend for Santos Ltd across 35 annual periods. Check cash flow reinvestment rate of Santos Ltd to assess the company's total reinvestment commitment from operating cash flow.
Santos Ltd Financial Flexibility Index by Year (1991–2025)
Santos Ltd financial flexibility index by year from 1991 to 2025. Year-by-year free cash flow to debt coverage for Santos Ltd. For the full cash flow conversion analysis, see STO cash flow conversion.
| 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 | — |