Joint Stock Company Kaspi.kz (KSPI) — Financial Flexibility Index

Latest as of December 2025: -0.15x

Joint Stock Company Kaspi.kz (KSPI) has a Financial Flexibility Index of -0.15x as of December 2025. Free cash flow of $-1.25 Trillion (operating CF $-1.32 Trillion minus capex $64.82 Billion) represents 0% of total liabilities ($8.47 Trillion). Check KSPI strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

-0.15x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-1.25 Trillion
Operating CF − Capex

Total Liabilities

$8.47 Trillion
USD

Capital Expenditures

$64.82 Billion
USD

Joint Stock Company Kaspi.kz Financial Flexibility Index (2019–2025)

Historical Financial Flexibility Index trend for Joint Stock Company Kaspi.kz across 7 annual periods. See how liquid is Joint Stock Company Kaspi.kz's working capital to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Joint Stock Company Kaspi.kz (2019–2025)

Year-by-year free cash flow to debt coverage for Joint Stock Company Kaspi.kz. For the full company profile including market capitalisation, see Joint Stock Company Kaspi.kz (KSPI) market capitalisation.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.21x $1.80 Trillion $1.62 Trillion $8.47 Trillion ▲ +112.8%
2024 0.10x $677.62 Billion $581.89 Billion $6.80 Trillion ▼ -50.8%
2023 0.20x $1.16 Trillion $1.11 Trillion $5.72 Trillion ▼ -19.6%
2022 0.25x $1.08 Trillion $1.02 Trillion $4.30 Trillion ▲ +719.4%
2021 0.03x $95.25 Billion $70.35 Billion $3.10 Trillion ▼ -88.4%
2020 0.26x $635.92 Billion $617.73 Billion $2.41 Trillion ▲ +59.2%
2019 0.17x $313.28 Billion $296.35 Billion $1.89 Trillion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities