CARLSBERG B DK20 ADR 1/5 (CBGC) — Financial Flexibility Index

Latest as of December 2025: 0.15x

CARLSBERG B DK20 ADR 1/5 (CBGC) has a Financial Flexibility Index of 0.15x as of December 2025. Free cash flow of €18.02 Billion (operating CF €12.43 Billion minus capex €5.59 Billion) represents 0% of total liabilities (€123.28 Billion). Check cash flow reinvestment rate of CARLSBERG B DK20 ADR 1/5 to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.15x
Free Cash Flow / Total Liabilities

Free Cash Flow

€18.02 Billion
Operating CF − Capex

Total Liabilities

€123.28 Billion
EUR

Capital Expenditures

€5.59 Billion
EUR

CARLSBERG B DK20 ADR 1/5 Financial Flexibility Index (2022–2025)

Historical Financial Flexibility Index trend for CARLSBERG B DK20 ADR 1/5 across 4 annual periods. For the full cash flow conversion analysis, see CARLSBERG B DK20 ADR 1/5 (CBGC) cash conversion ratio.

Annual Financial Flexibility Index for CARLSBERG B DK20 ADR 1/5 (2022–2025)

Year-by-year free cash flow to debt coverage for CARLSBERG B DK20 ADR 1/5. Explore CARLSBERG B DK20 ADR 1/5 debt service capacity to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2025 0.15x €18.02 Billion €12.43 Billion €123.28 Billion ▼ -25.4%
2024 0.20x €16.34 Billion €11.31 Billion €83.38 Billion ▲ +6.4%
2023 0.18x €15.85 Billion €11.61 Billion €86.08 Billion ▼ -12.5%
2022 0.21x €16.97 Billion €12.95 Billion €80.62 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities