Zscaler Inc (ZS) — Financial Flexibility Index
Zscaler Inc (ZS) has a Financial Flexibility Index of 0.11x as of October 2025. Free cash flow of $483.26 Million (operating CF $448.28 Million minus capex $34.98 Million) represents 0% of total liabilities ($4.52 Billion). Check Zscaler Inc strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Zscaler Inc Financial Flexibility Index (2015–2025)
Historical Financial Flexibility Index trend for Zscaler Inc across 11 annual periods. See Zscaler Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Zscaler Inc (2015–2025)
Year-by-year free cash flow to debt coverage for Zscaler Inc. For the full company profile including market capitalisation, see ZS market cap.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.26x | $1.22 Billion | $972.45 Million | $4.62 Billion | ▼ -7.2% |
| 2024 | 0.28x | $974.74 Million | $779.85 Million | $3.43 Billion | ▲ +38.6% |
| 2023 | 0.21x | $591.07 Million | $462.34 Million | $2.88 Billion | ▲ +12.3% |
| 2022 | 0.18x | $412.49 Million | $321.91 Million | $2.26 Billion | ▲ +21.2% |
| 2021 | 0.15x | $260.34 Million | $202.04 Million | $1.73 Billion | ▲ +54.9% |
| 2020 | 0.10x | $131.13 Million | $79.32 Million | $1.35 Billion | ▼ -67.4% |
| 2019 | 0.30x | $88.19 Million | $58.03 Million | $295.60 Million | ▲ +90.7% |
| 2018 | 0.16x | $32.48 Million | $17.31 Million | $207.54 Million | ▲ +866.2% |
| 2017 | 0.02x | $2.15 Million | $-6.02 Million | $133.07 Million | ▲ +124.8% |
| 2016 | -0.07x | $-5.67 Million | $-11.92 Million | $86.85 Million | ▼ -207.7% |
| 2015 | 0.06x | $3.43 Million | $-3.28 Million | $56.55 Million | — |