Enphase Energy Inc (ENPH) — Financial Flexibility Index
Enphase Energy Inc (ENPH) has a Financial Flexibility Index of 0.08x as of March 2026. Free cash flow of $122.77 Million (operating CF $102.87 Million minus capex $19.90 Million) represents 0% of total liabilities ($1.62 Billion). Check Enphase Energy Inc total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Enphase Energy Inc Financial Flexibility Index (2009–2025)
Historical Financial Flexibility Index trend for Enphase Energy Inc across 17 annual periods. For the full cash flow conversion analysis, see Enphase Energy Inc (ENPH) cash flow conversion.
Annual Financial Flexibility Index for Enphase Energy Inc (2009–2025)
Year-by-year free cash flow to debt coverage for Enphase Energy Inc. Explore how well can Enphase Energy Inc service its debt to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.07x | $177.18 Million | $136.54 Million | $2.42 Billion | ▼ -67.7% |
| 2024 | 0.23x | $547.30 Million | $513.69 Million | $2.42 Billion | ▼ -32.7% |
| 2023 | 0.34x | $807.18 Million | $696.78 Million | $2.40 Billion | ▼ -4.0% |
| 2022 | 0.35x | $791.26 Million | $744.82 Million | $2.26 Billion | ▲ +42.8% |
| 2021 | 0.25x | $404.54 Million | $352.03 Million | $1.65 Billion | ▼ -25.8% |
| 2020 | 0.33x | $236.89 Million | $216.33 Million | $716.11 Million | ▼ -5.2% |
| 2019 | 0.35x | $153.85 Million | $139.07 Million | $441.01 Million | ▲ +471.3% |
| 2018 | 0.06x | $20.28 Million | $16.13 Million | $332.16 Million | ▲ +144.8% |
| 2017 | -0.14x | $-24.32 Million | $-28.44 Million | $178.27 Million | ▼ -10.1% |
| 2016 | -0.12x | $-20.11 Million | $-32.95 Million | $162.28 Million | ▼ -83.1% |
| 2015 | -0.07x | $-8.40 Million | $-21.16 Million | $124.08 Million | ▼ -118.6% |
| 2014 | 0.36x | $38.22 Million | $24.22 Million | $105.24 Million | ▲ +415.7% |
| 2013 | 0.07x | $5.38 Million | $-872.00K | $76.46 Million | ▲ +114.6% |
| 2012 | -0.48x | $-31.66 Million | $-44.65 Million | $65.64 Million | ▼ -341.8% |
| 2011 | 0.20x | $14.29 Million | $-367.00K | $71.67 Million | ▲ +128.7% |
| 2010 | -0.69x | $-14.59 Million | $-17.85 Million | $21.02 Million | ▲ +69.6% |
| 2009 | -2.28x | $-16.72 Million | $-18.89 Million | $7.32 Million | — |