BAE SYSTEMS ADR/4 LS-025 (BSPA) — Financial Flexibility Index

Latest as of December 2025: 0.18x

BAE SYSTEMS ADR/4 LS-025 (BSPA) has a Financial Flexibility Index of 0.18x as of December 2025. Free cash flow of €4.54 Billion (operating CF €3.43 Billion minus capex €1.10 Billion) represents 0% of total liabilities (€25.74 Billion). Check BSPA cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.18x
Free Cash Flow / Total Liabilities

Free Cash Flow

€4.54 Billion
Operating CF − Capex

Total Liabilities

€25.74 Billion
EUR

Capital Expenditures

€1.10 Billion
EUR

BAE SYSTEMS ADR/4 LS-025 Financial Flexibility Index (2021–2025)

Historical Financial Flexibility Index trend for BAE SYSTEMS ADR/4 LS-025 across 5 annual periods. For the full cash flow conversion analysis, see BSPA cash flow conversion.

Annual Financial Flexibility Index for BAE SYSTEMS ADR/4 LS-025 (2021–2025)

Year-by-year free cash flow to debt coverage for BAE SYSTEMS ADR/4 LS-025. Explore BAE SYSTEMS ADR/4 LS-025 (BSPA) cash flow to 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 0.18x €4.54 Billion €3.43 Billion €25.74 Billion ▼ -8.7%
2024 0.19x €5.09 Billion €3.92 Billion €26.36 Billion ▼ -12.7%
2023 0.22x €4.72 Billion €3.76 Billion €21.34 Billion ▲ +25.5%
2022 0.18x €3.53 Billion €2.84 Billion €20.06 Billion ▲ +12.0%
2021 0.16x €3.06 Billion €2.45 Billion €19.47 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities