Bangkok Expressway and Metro PCL F (B4X) — Financial Flexibility Index

Latest as of March 2026: -0.03x

Bangkok Expressway and Metro PCL F (B4X) has a Financial Flexibility Index of -0.03x as of March 2026. Free cash flow of €-4.44 Billion (operating CF €-5.95 Billion minus capex €1.52 Billion) represents 0% of total liabilities (€133.00 Billion). Check B4X total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

-0.03x
Free Cash Flow / Total Liabilities

Free Cash Flow

€-4.44 Billion
Operating CF − Capex

Total Liabilities

€133.00 Billion
EUR

Capital Expenditures

€1.52 Billion
EUR

Bangkok Expressway and Metro PCL F Financial Flexibility Index (2016–2025)

Historical Financial Flexibility Index trend for Bangkok Expressway and Metro PCL F across 10 annual periods. For the full cash flow conversion analysis, see Bangkok Expressway and Metro PCL F cash conversion from operations.

Annual Financial Flexibility Index for Bangkok Expressway and Metro PCL F (2016–2025)

Year-by-year free cash flow to debt coverage for Bangkok Expressway and Metro PCL F. Explore how well can Bangkok Expressway and Metro PCL F service its debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2025 -0.01x €-1.47 Billion €-11.09 Billion €123.51 Billion ▼ -139.6%
2024 0.03x €2.90 Billion €-4.29 Billion €96.21 Billion ▼ -67.7%
2023 0.09x €6.99 Billion €6.35 Billion €74.83 Billion ▲ +10.6%
2022 0.08x €6.49 Billion €5.63 Billion €76.86 Billion ▲ +69.2%
2021 0.05x €3.86 Billion €2.87 Billion €77.39 Billion ▼ -41.4%
2020 0.09x €6.44 Billion €5.35 Billion €75.58 Billion ▼ -30.3%
2019 0.12x €8.90 Billion €7.74 Billion €72.87 Billion ▼ -2.6%
2018 0.13x €8.56 Billion €8.07 Billion €68.22 Billion ▲ +13.6%
2017 0.11x €7.48 Billion €7.15 Billion €67.74 Billion ▼ -44.9%
2016 0.20x €10.63 Billion €3.85 Billion €53.00 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities