Deva Holding AS (DEVA) — Financial Flexibility Index

Latest as of September 2025: 0.26x

Deva Holding AS (DEVA) has a Financial Flexibility Index of 0.26x as of September 2025. Free cash flow of TL2.33 Billion (operating CF TL1.53 Billion minus capex TL792.35 Million) represents 0% of total liabilities (TL9.02 Billion). Check DEVA cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.26x
Free Cash Flow / Total Liabilities

Free Cash Flow

TL2.33 Billion
Operating CF − Capex

Total Liabilities

TL9.02 Billion
TRY

Capital Expenditures

TL792.35 Million
TRY

Deva Holding AS Financial Flexibility Index (2005–2024)

Historical Financial Flexibility Index trend for Deva Holding AS across 14 annual periods. For the full cash flow conversion analysis, see Deva Holding AS (DEVA) cash conversion ratio.

Annual Financial Flexibility Index for Deva Holding AS (2005–2024)

Year-by-year free cash flow to debt coverage for Deva Holding AS. Explore Deva Holding AS cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (TRY) Operating CF Total Liabilities YoY Change
2024 0.92x TL8.21 Billion TL5.07 Billion TL8.92 Billion ▼ -6.2%
2023 0.98x TL10.85 Billion TL7.16 Billion TL11.06 Billion ▲ +192.6%
2022 0.34x TL1.57 Billion TL815.91 Million TL4.69 Billion ▼ -50.2%
2021 0.67x TL1.58 Billion TL1.25 Billion TL2.35 Billion ▲ +7.2%
2020 0.63x TL913.86 Million TL645.98 Million TL1.45 Billion ▲ +16.3%
2019 0.54x TL588.52 Million TL441.24 Million TL1.09 Billion ▲ +148.3%
2018 0.22x TL200.74 Million TL130.98 Million TL922.03 Million ▼ -24.8%
2017 0.29x TL188.68 Million TL110.84 Million TL651.32 Million ▼ -49.0%
2016 0.57x TL286.80 Million TL187.44 Million TL504.68 Million ▲ +156.0%
2015 0.22x TL119.82 Million TL88.58 Million TL539.84 Million ▲ +11.4%
2014 0.20x TL95.97 Million TL51.49 Million TL481.62 Million ▼ -0.5%
2013 0.20x TL84.78 Million TL50.04 Million TL423.58 Million ▲ +9.1%
2012 0.18x TL63.24 Million TL6.54 Million TL344.63 Million ▲ +93.0%
2005 0.10x TL15.08 Million TL6.00 Million TL158.68 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities