Photronics Inc (PLAB) — Financial Flexibility Index

Latest as of April 2026: 0.39x

Photronics Inc (PLAB) has a Financial Flexibility Index of 0.39x as of April 2026. Free cash flow of $92.83 Million (operating CF $47.03 Million minus capex $45.80 Million) represents 0% of total liabilities ($237.37 Million). Check Photronics Inc (PLAB) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.39x
Free Cash Flow / Total Liabilities

Free Cash Flow

$92.83 Million
Operating CF − Capex

Total Liabilities

$237.37 Million
USD

Capital Expenditures

$45.80 Million
USD

Photronics Inc Financial Flexibility Index (1989–2025)

Historical Financial Flexibility Index trend for Photronics Inc across 37 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Photronics Inc.

Annual Financial Flexibility Index for Photronics Inc (1989–2025)

Year-by-year free cash flow to debt coverage for Photronics Inc. Explore Photronics Inc cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 2.10x $435.94 Million $247.80 Million $207.23 Million ▲ +24.0%
2024 1.70x $392.39 Million $261.44 Million $231.30 Million ▼ -1.9%
2023 1.73x $433.47 Million $302.18 Million $250.61 Million ▲ +13.3%
2022 1.53x $387.52 Million $275.19 Million $253.74 Million ▲ +72.5%
2021 0.89x $260.04 Million $150.77 Million $293.64 Million ▼ -6.5%
2020 0.95x $214.02 Million $143.05 Million $225.92 Million ▼ -21.0%
2019 1.20x $249.03 Million $71.84 Million $207.57 Million ▲ +10.5%
2018 1.09x $223.15 Million $130.57 Million $205.44 Million ▼ -10.5%
2017 1.21x $188.80 Million $96.83 Million $155.50 Million ▲ +14.7%
2016 1.06x $172.28 Million $122.14 Million $162.79 Million ▲ +26.5%
2015 0.84x $237.23 Million $133.19 Million $283.49 Million ▲ +29.3%
2014 0.65x $187.45 Million $96.36 Million $289.69 Million ▲ +18.2%
2013 0.55x $163.19 Million $99.40 Million $298.10 Million ▼ -36.9%
2012 0.87x $229.53 Million $132.55 Million $264.59 Million ▲ +2.4%
2011 0.85x $218.67 Million $136.55 Million $258.10 Million ▲ +5.3%
2010 0.80x $167.30 Million $95.92 Million $207.94 Million ▲ +66.9%
2009 0.48x $103.14 Million $68.15 Million $213.96 Million ▼ -20.4%
2008 0.61x $197.21 Million $92.08 Million $325.61 Million ▼ -5.8%
2007 0.64x $228.82 Million $134.69 Million $356.03 Million ▲ +17.5%
2006 0.55x $210.84 Million $116.20 Million $385.40 Million ▼ -29.9%
2005 0.78x $263.92 Million $142.57 Million $338.04 Million ▲ +73.5%
2004 0.45x $206.35 Million $126.22 Million $458.67 Million ▲ +74.2%
2003 0.26x $130.25 Million $83.23 Million $504.40 Million ▼ -56.0%
2002 0.59x $262.86 Million $136.40 Million $448.36 Million ▲ +23.4%
2001 0.48x $162.25 Million $113.58 Million $341.37 Million ▲ +47.1%
2000 0.32x $93.19 Million $49.59 Million $288.45 Million ▼ -48.7%
1999 0.63x $127.70 Million $55.30 Million $202.70 Million ▼ -25.1%
1998 0.84x $144.00 Million $45.10 Million $171.10 Million ▲ +5.6%
1997 0.80x $142.80 Million $46.50 Million $179.20 Million ▼ -53.1%
1996 1.70x $94.40 Million $38.60 Million $55.50 Million ▼ -1.0%
1995 1.72x $69.10 Million $33.60 Million $40.20 Million ▲ +13.1%
1994 1.52x $27.20 Million $21.00 Million $17.90 Million ▼ -31.0%
1993 2.20x $26.00 Million $10.50 Million $11.80 Million ▼ -15.7%
1992 2.61x $20.90 Million $9.20 Million $8.00 Million ▲ +46.1%
1991 1.79x $15.20 Million $8.80 Million $8.50 Million ▲ +29.9%
1990 1.38x $13.90 Million $7.80 Million $10.10 Million ▲ +161.1%
1989 0.53x $6.80 Million $3.80 Million $12.90 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities