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). Check Ambev S.A. strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
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. See Ambev S.A. working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
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 market cap overview.
| 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 | — |