Polar Capital Technology Trust (PCT) — Financial Flexibility Index

Latest as of October 2025: 3.07x

Polar Capital Technology Trust (PCT) has a Financial Flexibility Index of 3.07x as of October 2025. Free cash flow of GBX379.21 Million (operating CF GBX379.21 Million minus capex GBX0.00) represents 3% of total liabilities (GBX123.44 Million). Check Polar Capital Technology Trust (PCT) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

3.07x
Free Cash Flow / Total Liabilities

Free Cash Flow

GBX379.21 Million
Operating CF − Capex

Total Liabilities

GBX123.44 Million
GBX

Capital Expenditures

GBX0.00
GBX

Polar Capital Technology Trust Financial Flexibility Index (2012–2025)

Historical Financial Flexibility Index trend for Polar Capital Technology Trust across 14 annual periods. For the full cash flow conversion analysis, see PCT cash flow conversion.

Annual Financial Flexibility Index for Polar Capital Technology Trust (2012–2025)

Year-by-year free cash flow to debt coverage for Polar Capital Technology Trust. Explore PCT operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (GBX) Operating CF Total Liabilities YoY Change
2025 1.82x GBX186.22 Million GBX175.75 Million GBX102.11 Million ▲ +128.9%
2024 0.80x GBX47.61 Million GBX9.31 Million GBX59.77 Million ▲ +54.5%
2023 0.52x GBX38.50 Million GBX38.50 Million GBX74.69 Million ▼ -68.4%
2022 1.63x GBX178.17 Million GBX178.17 Million GBX109.32 Million ▲ +307.6%
2021 0.40x GBX36.32 Million GBX36.32 Million GBX90.82 Million ▲ +165.5%
2020 -0.61x GBX-65.36 Million GBX-65.36 Million GBX107.06 Million ▼ -183.5%
2019 0.73x GBX72.28 Million GBX72.28 Million GBX98.85 Million ▲ +41.6%
2018 0.52x GBX27.32 Million GBX27.32 Million GBX52.91 Million ▲ +250.9%
2017 -0.34x GBX-18.05 Million GBX-18.05 Million GBX52.74 Million ▼ -208.5%
2016 0.32x GBX15.44 Million GBX15.44 Million GBX48.94 Million ▲ +162.4%
2015 -0.51x GBX-13.07 Million GBX-13.07 Million GBX25.83 Million ▼ -2945.5%
2014 0.02x GBX719.00K GBX719.00K GBX40.44 Million ▲ +110.5%
2013 -0.17x GBX-4.29 Million GBX-4.29 Million GBX25.45 Million ▼ -1684.2%
2012 -0.01x GBX-339.00K GBX-339.00K GBX35.85 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities