Naturgy BAN SA (GBAN) — Financial Flexibility Index

Latest as of June 2026: 0.31x

Naturgy BAN SA (GBAN) has a Financial Flexibility Index of 0.31x as of June 2026. Free cash flow of AR$118.17 Billion (operating CF AR$104.68 Billion minus capex AR$13.48 Billion) represents 0% of total liabilities (AR$381.10 Billion). Check GBAN capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.31x
Free Cash Flow / Total Liabilities

Free Cash Flow

AR$118.17 Billion
Operating CF − Capex

Total Liabilities

AR$381.10 Billion
ARS

Capital Expenditures

AR$13.48 Billion
ARS

Naturgy BAN SA Financial Flexibility Index (2015–2025)

Historical Financial Flexibility Index trend for Naturgy BAN SA across 11 annual periods. For the full cash flow conversion analysis, see Naturgy BAN SA cash flow conversion.

Annual Financial Flexibility Index for Naturgy BAN SA (2015–2025)

Year-by-year free cash flow to debt coverage for Naturgy BAN SA. Explore Naturgy BAN SA (GBAN) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (ARS) Operating CF Total Liabilities YoY Change
2025 1.14x AR$226.71 Billion AR$170.31 Billion AR$198.76 Billion ▲ +15.2%
2024 0.99x AR$159.47 Billion AR$125.50 Billion AR$161.09 Billion ▼ -50.4%
2023 2.00x AR$144.06 Billion AR$121.08 Billion AR$72.12 Billion ▲ +89.0%
2022 1.06x AR$15.37 Billion AR$11.62 Billion AR$14.54 Billion ▼ -18.7%
2021 1.30x AR$13.47 Billion AR$9.67 Billion AR$10.36 Billion ▲ +58.0%
2020 0.82x AR$8.55 Billion AR$6.43 Billion AR$10.40 Billion ▲ +3.4%
2019 0.80x AR$8.61 Billion AR$5.31 Billion AR$10.82 Billion ▼ -25.5%
2018 1.07x AR$7.96 Billion AR$4.66 Billion AR$7.46 Billion ▲ +1656.0%
2017 0.06x AR$175.39 Million AR$-989.63 Million AR$2.89 Billion ▼ -77.1%
2016 0.26x AR$1.07 Billion AR$723.55 Million AR$4.05 Billion ▼ -54.0%
2015 0.58x AR$1.06 Billion AR$817.83 Million AR$1.84 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities