VEON Ltd (VEON) — Financial Flexibility Index

Latest as of September 2025: 0.05x

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). Check VEON total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.

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

VEON Ltd Financial Flexibility Index (2000–2024)

Historical Financial Flexibility Index trend for VEON Ltd across 25 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of VEON Ltd.

Annual Financial Flexibility Index for VEON Ltd (2000–2024)

Year-by-year free cash flow to debt coverage for VEON Ltd. Explore debt repayment capacity of VEON Ltd to assess how comfortably operating cash covers total debt obligations.

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