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 (ZS) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
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. For the full cash flow conversion analysis, see ZS cash flow conversion.
Annual Financial Flexibility Index for Zscaler Inc (2015–2025)
Year-by-year free cash flow to debt coverage for Zscaler Inc. Explore Zscaler Inc debt service capacity to assess how comfortably operating cash covers total debt obligations.
| 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 | — |