HEG Limited Financial Flexibility Index
HEG Limited 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). See how much free cash does HEG Limited generate to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of HEG Limited (2005–2026)
Financial flexibility index of HEG Limited from 2005 to 2026. Historical Financial Flexibility Index trend for HEG Limited across 22 annual periods. Check HEG Limited (HEG) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
HEG Limited Financial Flexibility Index by Year (2005–2026)
HEG Limited financial flexibility index by year from 2005 to 2026. Year-by-year free cash flow to debt coverage for HEG Limited. For the full cash flow conversion analysis, see HEG Limited cash flow conversion.
| 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 | — |