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 strategic asset allocation of Enphase Energy Inc to assess the company's strategic physical and investment asset allocation.
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. See ENPH current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Enphase Energy Inc (2009–2025)
Year-by-year free cash flow to debt coverage for Enphase Energy Inc. For the full company profile including market capitalisation, see Enphase Energy Inc market capitalisation.
| 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 | — |