HEG Limited (HEG) — Financial Flexibility Index
HEG Limited (HEG) has a Financial Flexibility Index of 0.25x as of September 2025. Free cash flow of Rs3.18 Billion (operating CF Rs2.42 Billion minus capex Rs757.10 Million) represents 0% of total liabilities (Rs12.75 Billion). Check HEG Limited PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
HEG Limited Financial Flexibility Index (2005–2026)
Historical Financial Flexibility Index trend for HEG Limited across 22 annual periods. See working capital to net assets of HEG Limited to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for HEG Limited (2005–2026)
Year-by-year free cash flow to debt coverage for HEG Limited. For the full company profile including market capitalisation, see market cap of HEG Limited.
| Year | Flexibility Index | Free Cash Flow (INR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.31x | Rs4.40 Billion | Rs1.87 Billion | Rs14.08 Billion | ▼ -19.2% |
| 2025 | 0.39x | Rs4.62 Billion | Rs2.80 Billion | Rs11.94 Billion | ▼ -49.9% |
| 2024 | 0.77x | Rs9.84 Billion | Rs6.12 Billion | Rs12.75 Billion | ▲ +83.5% |
| 2023 | 0.42x | Rs5.93 Billion | Rs1.13 Billion | Rs14.11 Billion | ▲ +167.7% |
| 2022 | 0.16x | Rs2.19 Billion | Rs-1.41 Billion | Rs13.94 Billion | ▼ -87.9% |
| 2021 | 1.30x | Rs9.72 Billion | Rs7.16 Billion | Rs7.49 Billion | ▲ +10.8% |
| 2020 | 1.17x | Rs10.85 Billion | Rs8.64 Billion | Rs9.27 Billion | ▲ +2.4% |
| 2019 | 1.14x | Rs15.45 Billion | Rs14.88 Billion | Rs13.51 Billion | ▲ +54.9% |
| 2018 | 0.74x | Rs6.14 Billion | Rs5.94 Billion | Rs8.32 Billion | ▲ +312.4% |
| 2017 | 0.18x | Rs1.61 Billion | Rs1.57 Billion | Rs9.00 Billion | ▼ -39.1% |
| 2016 | 0.29x | Rs2.82 Billion | Rs2.49 Billion | Rs9.57 Billion | ▲ +17.7% |
| 2015 | 0.25x | Rs3.08 Billion | Rs2.76 Billion | Rs12.32 Billion | ▼ -61.4% |
| 2014 | 0.65x | Rs9.74 Billion | Rs7.73 Billion | Rs15.06 Billion | ▲ +377.8% |
| 2013 | 0.14x | Rs2.38 Billion | Rs1.15 Billion | Rs17.55 Billion | ▼ -3.7% |
| 2012 | 0.14x | Rs2.25 Billion | Rs270.63 Million | Rs15.96 Billion | ▲ +34.7% |
| 2011 | 0.10x | Rs1.19 Billion | Rs375.80 Million | Rs11.41 Billion | ▼ -73.2% |
| 2010 | 0.39x | Rs3.75 Billion | Rs3.04 Billion | Rs9.64 Billion | ▲ +106.5% |
| 2009 | 0.19x | Rs2.07 Billion | Rs674.86 Million | Rs10.97 Billion | ▲ +25.6% |
| 2008 | 0.15x | Rs1.37 Billion | Rs891.91 Million | Rs9.10 Billion | ▲ +84.6% |
| 2007 | 0.08x | Rs883.36 Million | Rs304.78 Million | Rs10.86 Billion | ▼ -3.8% |
| 2006 | 0.08x | Rs810.69 Million | Rs-459.12 Million | Rs9.59 Billion | ▼ -84.9% |
| 2005 | 0.56x | Rs3.45 Billion | Rs551.64 Million | Rs6.15 Billion | — |