Enphase Energy Inc Financial Flexibility Index
Enphase Energy Inc 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). See ENPH free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Enphase Energy Inc (2009–2025)
Financial flexibility index of Enphase Energy Inc from 2009 to 2025. Historical Financial Flexibility Index trend for Enphase Energy Inc across 17 annual periods. Check Enphase Energy Inc (ENPH) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Enphase Energy Inc Financial Flexibility Index by Year (2009–2025)
Enphase Energy Inc financial flexibility index by year from 2009 to 2025. Year-by-year free cash flow to debt coverage for Enphase Energy Inc. For the full cash flow conversion analysis, see Enphase Energy Inc (ENPH) cash conversion ratio.
| 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 | — |