SES S.A (SES) — Financial Flexibility Index
SES S.A (SES) has a Financial Flexibility Index of 0.14x as of December 2025. Free cash flow of €1.46 Billion (operating CF €908.00 Million minus capex €548.00 Million) represents 0% of total liabilities (€10.66 Billion). Check SES S.A PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
SES S.A Financial Flexibility Index (2016–2025)
Historical Financial Flexibility Index trend for SES S.A across 10 annual periods. See SES S.A (SES) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for SES S.A (2016–2025)
Year-by-year free cash flow to debt coverage for SES S.A. For the full company profile including market capitalisation, see SES company net worth.
| Year | Flexibility Index | Free Cash Flow (EUR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.14x | €1.46 Billion | €908.00 Million | €10.66 Billion | ▼ -28.7% |
| 2024 | 0.19x | €1.31 Billion | €1.01 Billion | €6.83 Billion | ▼ -68.3% |
| 2023 | 0.60x | €3.88 Billion | €3.48 Billion | €6.43 Billion | ▲ +50.6% |
| 2022 | 0.40x | €2.79 Billion | €1.48 Billion | €6.95 Billion | ▲ +91.8% |
| 2021 | 0.21x | €1.54 Billion | €1.29 Billion | €7.35 Billion | ▲ +19.1% |
| 2020 | 0.18x | €1.22 Billion | €1.05 Billion | €6.95 Billion | ▼ -13.3% |
| 2019 | 0.20x | €1.41 Billion | €1.13 Billion | €6.98 Billion | ▼ -9.7% |
| 2018 | 0.22x | €1.48 Billion | €1.19 Billion | €6.61 Billion | ▼ -19.8% |
| 2017 | 0.28x | €1.70 Billion | €1.25 Billion | €6.07 Billion | ▼ -1.1% |
| 2016 | 0.28x | €1.89 Billion | €1.27 Billion | €6.70 Billion | — |