VEON Ltd Financial Flexibility Index

Latest as of September 2025: 0.05x

VEON Ltd financial flexibility index. VEON Ltd (VEON) has a Financial Flexibility Index of 0.05x as of September 2025. Free cash flow of $323.00 Million (operating CF $323.00 Million minus capex $0.00) represents 0% of total liabilities ($7.17 Billion). See how much free cash does VEON Ltd generate to measure how efficiently the company converts operating cash flow to free cash.

Financial Flexibility Index

0.05x
Free Cash Flow / Total Liabilities

Free Cash Flow

$323.00 Million
Operating CF − Capex

Total Liabilities

$7.17 Billion
USD

Capital Expenditures

$0.00
USD

Financial Flexibility Index of VEON Ltd (2000–2024)

Financial flexibility index of VEON Ltd from 2000 to 2024. Historical Financial Flexibility Index trend for VEON Ltd across 25 annual periods. Check VEON Ltd earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

VEON Ltd Financial Flexibility Index by Year (2000–2024)

VEON Ltd financial flexibility index by year from 2000 to 2024. Year-by-year free cash flow to debt coverage for VEON Ltd. For the full cash flow conversion analysis, see VEON cash generation efficiency.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2024 0.26x $1.78 Billion $1.15 Billion $6.78 Billion ▲ +17.6%
2023 0.22x $3.19 Billion $2.56 Billion $14.32 Billion ▲ +0.0%
2022 0.22x $3.19 Billion $2.56 Billion $14.32 Billion ▼ -3.7%
2021 0.23x $3.34 Billion $2.64 Billion $14.42 Billion ▼ -25.8%
2020 0.31x $4.22 Billion $2.44 Billion $13.54 Billion ▼ -6.8%
2019 0.33x $4.63 Billion $2.95 Billion $13.84 Billion ▼ -15.3%
2018 0.40x $4.47 Billion $2.52 Billion $11.32 Billion ▲ +36.1%
2017 0.29x $4.53 Billion $2.48 Billion $15.59 Billion ▲ +22.9%
2016 0.24x $3.58 Billion $1.90 Billion $15.15 Billion ▲ +67.7%
2015 0.14x $4.22 Billion $2.03 Billion $29.98 Billion ▼ -46.6%
2014 0.26x $9.77 Billion $5.28 Billion $37.06 Billion ▲ +0.0%
2013 0.26x $10.31 Billion $6.35 Billion $39.11 Billion ▼ -5.4%
2012 0.28x $11.14 Billion $7.26 Billion $39.99 Billion ▼ -12.1%
2011 0.32x $12.37 Billion $6.11 Billion $39.03 Billion ▼ -47.6%
2010 0.61x $5.52 Billion $3.70 Billion $9.12 Billion ▲ +39.8%
2009 0.43x $4.20 Billion $3.51 Billion $9.72 Billion ▼ -12.4%
2008 0.49x $5.49 Billion $3.46 Billion $11.12 Billion ▼ -48.2%
2007 0.95x $4.64 Billion $3.04 Billion $4.87 Billion ▲ +14.8%
2006 0.83x $3.52 Billion $1.97 Billion $4.24 Billion ▲ +13.3%
2005 0.73x $2.48 Billion $1.30 Billion $3.38 Billion ▲ +11.0%
2004 0.66x $1.73 Billion $805.41 Million $2.62 Billion ▼ -27.1%
2003 0.91x $1.02 Billion $511.88 Million $1.12 Billion ▲ +64.5%
2002 0.55x $513.16 Million $221.72 Million $931.59 Million ▼ -3.2%
2001 0.57x $237.41 Million $101.06 Million $417.38 Million ▲ +155.3%
2000 0.22x $73.80 Million $8.55 Million $331.17 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities