Oil & Natural Gas Corporation Limited (ONGC) — Financial Flexibility Index

Latest as of September 2025: 0.23x

Oil & Natural Gas Corporation Limited (ONGC) has a Financial Flexibility Index of 0.23x as of September 2025. Free cash flow of Rs861.16 Billion (operating CF Rs607.87 Billion minus capex Rs253.30 Billion) represents 0% of total liabilities (Rs3.80 Trillion). Also explore ONGC shareholders equity momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.23x
Free Cash Flow / Total Liabilities

Free Cash Flow

Rs861.16 Billion
Operating CF − Capex

Total Liabilities

Rs3.80 Trillion
INR

Capital Expenditures

Rs253.30 Billion
INR

Oil & Natural Gas Corporation Limited Financial Flexibility Index (2002–2025)

Historical Financial Flexibility Index trend for Oil & Natural Gas Corporation Limited across 24 annual periods. Check ONGC strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Oil & Natural Gas Corporation Limited (2002–2025)

Year-by-year free cash flow to debt coverage for Oil & Natural Gas Corporation Limited. For the full company profile including market capitalisation, see Oil & Natural Gas Corporation Limited (ONGC) market capitalisation.

Year Flexibility Index Free Cash Flow (INR) Operating CF Total Liabilities YoY Change
2025 0.38x Rs1.47 Trillion Rs908.68 Billion Rs3.84 Trillion ▼ -13.0%
2024 0.44x Rs1.51 Trillion Rs992.63 Billion Rs3.45 Trillion ▲ +3.5%
2023 0.42x Rs1.33 Trillion Rs842.11 Billion Rs3.15 Trillion ▲ +4.4%
2022 0.41x Rs1.23 Trillion Rs780.00 Billion Rs3.02 Trillion ▲ +35.2%
2021 0.30x Rs902.02 Billion Rs472.01 Billion Rs3.01 Trillion ▼ -33.9%
2020 0.45x Rs1.27 Trillion Rs716.34 Billion Rs2.79 Trillion ▲ +12.9%
2019 0.40x Rs1.04 Trillion Rs614.58 Billion Rs2.59 Trillion ▼ -5.0%
2018 0.42x Rs1.02 Trillion Rs567.92 Billion Rs2.41 Trillion ▼ -25.4%
2017 0.57x Rs821.09 Billion Rs457.80 Billion Rs1.45 Trillion ▲ +5.4%
2016 0.54x Rs764.17 Billion Rs462.92 Billion Rs1.42 Trillion ▲ +19.9%
2015 0.45x Rs693.84 Billion Rs339.50 Billion Rs1.55 Trillion ▼ -41.8%
2014 0.77x Rs1.15 Trillion Rs532.70 Billion Rs1.49 Trillion ▼ -7.2%
2013 0.83x Rs821.54 Billion Rs398.74 Billion Rs989.86 Billion ▼ -9.4%
2012 0.92x Rs856.98 Billion Rs461.29 Billion Rs935.26 Billion ▲ +0.5%
2011 0.91x Rs696.85 Billion Rs419.80 Billion Rs764.43 Billion ▲ +17.0%
2010 0.78x Rs500.36 Billion Rs287.83 Billion Rs642.31 Billion ▼ -5.9%
2009 0.83x Rs506.37 Billion Rs289.98 Billion Rs611.85 Billion ▼ -16.7%
2008 0.99x Rs458.43 Billion Rs290.29 Billion Rs461.27 Billion ▲ +3.8%
2007 0.96x Rs413.57 Billion Rs277.90 Billion Rs431.94 Billion ▲ +12.2%
2006 0.85x Rs284.35 Billion Rs206.24 Billion Rs333.06 Billion ▼ -11.3%
2005 0.96x Rs261.46 Billion Rs180.44 Billion Rs271.78 Billion ▲ +34.3%
2004 0.72x Rs199.48 Billion Rs141.24 Billion Rs278.42 Billion ▲ +7.0%
2003 0.67x Rs159.20 Billion Rs129.49 Billion Rs237.80 Billion ▲ +8.0%
2002 0.62x Rs97.23 Billion Rs81.25 Billion Rs156.80 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities