Ambev S.A. (AMNA) — Financial Flexibility Index
Ambev S.A. (AMNA) has a Financial Flexibility Index of 0.26x as of December 2025. Free cash flow of €14.88 Billion (operating CF €13.25 Billion minus capex €1.63 Billion) represents 0% of total liabilities (€56.31 Billion). Also explore Ambev S.A. (AMNA) equity growth momentum to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Ambev S.A. Financial Flexibility Index (2015–2025)
Historical Financial Flexibility Index trend for Ambev S.A. across 11 annual periods. Check AMNA strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for Ambev S.A. (2015–2025)
Year-by-year free cash flow to debt coverage for Ambev S.A.. For the full company profile including market capitalisation, see AMNA company net worth.
| Year | Flexibility Index | Free Cash Flow (EUR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.52x | €29.04 Billion | €24.45 Billion | €56.31 Billion | ▲ +5.2% |
| 2024 | 0.49x | €30.85 Billion | €26.10 Billion | €62.93 Billion | ▼ -16.2% |
| 2023 | 0.59x | €30.72 Billion | €24.71 Billion | €52.50 Billion | ▲ +17.6% |
| 2022 | 0.50x | €27.18 Billion | €20.64 Billion | €54.63 Billion | ▼ -11.2% |
| 2021 | 0.56x | €30.58 Billion | €22.90 Billion | €54.58 Billion | ▲ +19.1% |
| 2020 | 0.47x | €23.55 Billion | €18.86 Billion | €50.05 Billion | ▼ -21.4% |
| 2019 | 0.60x | €23.45 Billion | €18.38 Billion | €39.19 Billion | ▼ -0.1% |
| 2018 | 0.60x | €21.92 Billion | €18.35 Billion | €36.58 Billion | ▲ +10.5% |
| 2017 | 0.54x | €21.08 Billion | €17.87 Billion | €38.87 Billion | ▲ +22.4% |
| 2016 | 0.44x | €16.48 Billion | €12.34 Billion | €37.19 Billion | ▼ -38.8% |
| 2015 | 0.72x | €28.84 Billion | €23.58 Billion | €39.84 Billion | — |