Spear REIT Ltd (SEA) — Financial Flexibility Index

Latest as of February 2026: 0.15x

Spear REIT Ltd (SEA) has a Financial Flexibility Index of 0.15x as of February 2026. Free cash flow of ZAC336.97 Million (operating CF ZAC244.52 Million minus capex ZAC92.45 Million) represents 0% of total liabilities (ZAC2.19 Billion). Check Spear REIT Ltd investment reinvestment rate 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

ZAC336.97 Million
Operating CF − Capex

Total Liabilities

ZAC2.19 Billion
ZAC

Capital Expenditures

ZAC92.45 Million
ZAC

Spear REIT Ltd Financial Flexibility Index (2017–2026)

Historical Financial Flexibility Index trend for Spear REIT Ltd across 10 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Spear REIT Ltd.

Annual Financial Flexibility Index for Spear REIT Ltd (2017–2026)

Year-by-year free cash flow to debt coverage for Spear REIT Ltd. Explore SEA debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (ZAC) Operating CF Total Liabilities YoY Change
2026 0.22x ZAC488.90 Million ZAC396.12 Million ZAC2.19 Billion ▲ +177.5%
2025 0.08x ZAC138.05 Million ZAC73.61 Million ZAC1.72 Billion ▼ -38.3%
2024 0.13x ZAC207.89 Million ZAC207.82 Million ZAC1.60 Billion ▲ +70.2%
2023 0.08x ZAC126.10 Million ZAC43.12 Million ZAC1.65 Billion ▲ +24.4%
2022 0.06x ZAC114.18 Million ZAC33.72 Million ZAC1.86 Billion ▲ +61.8%
2021 0.04x ZAC83.32 Million ZAC10.62 Million ZAC2.19 Billion ▼ -58.9%
2020 0.09x ZAC164.71 Million ZAC34.83 Million ZAC1.78 Billion ▲ +20.6%
2019 0.08x ZAC120.15 Million ZAC18.25 Million ZAC1.57 Billion ▲ +141.7%
2018 0.03x ZAC39.84 Million ZAC38.10 Million ZAC1.26 Billion ▼ -59.7%
2017 0.08x ZAC39.89 Million ZAC38.74 Million ZAC506.70 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities