Ciena Corp Financial Flexibility Index
Ciena Corp financial flexibility index. Ciena Corp (CIEN) has a Financial Flexibility Index of 0.10x as of April 2026. Free cash flow of $300.75 Million (operating CF $259.70 Million minus capex $41.05 Million) represents 0% of total liabilities ($3.15 Billion). Explore CIEN capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Ciena Corp (1997–2025)
Financial flexibility index of Ciena Corp from 1997 to 2025. Historical Financial Flexibility Index trend for Ciena Corp across 29 annual periods. Check total reinvestment intensity of Ciena Corp to assess the company's total reinvestment commitment from operating cash flow.
Ciena Corp Financial Flexibility Index by Year (1997–2025)
Ciena Corp financial flexibility index by year from 1997 to 2025. Year-by-year free cash flow to debt coverage for Ciena Corp. For the full cash flow conversion analysis, see how efficiently does Ciena Corp generate cash.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.30x | $946.89 Million | $806.09 Million | $3.14 Billion | ▲ +31.0% |
| 2024 | 0.23x | $651.17 Million | $514.53 Million | $2.83 Billion | ▲ +131.1% |
| 2023 | 0.10x | $274.53 Million | $168.33 Million | $2.75 Billion | ▲ +405.4% |
| 2022 | -0.03x | $-76.94 Million | $-167.76 Million | $2.36 Billion | ▼ -109.7% |
| 2021 | 0.34x | $621.20 Million | $541.65 Million | $1.85 Billion | ▼ -2.4% |
| 2020 | 0.34x | $576.32 Million | $493.65 Million | $1.67 Billion | ▲ +24.7% |
| 2019 | 0.28x | $475.72 Million | $413.14 Million | $1.72 Billion | ▲ +70.2% |
| 2018 | 0.16x | $296.88 Million | $229.26 Million | $1.83 Billion | ▼ -10.5% |
| 2017 | 0.18x | $329.48 Million | $234.88 Million | $1.82 Billion | ▼ -3.2% |
| 2016 | 0.19x | $396.70 Million | $289.52 Million | $2.12 Billion | ▲ +19.9% |
| 2015 | 0.16x | $324.22 Million | $262.11 Million | $2.07 Billion | ▲ +142.6% |
| 2014 | 0.06x | $138.03 Million | $89.82 Million | $2.14 Billion | ▲ +37.3% |
| 2013 | 0.05x | $88.49 Million | $44.68 Million | $1.89 Billion | ▼ -40.4% |
| 2012 | 0.08x | $155.19 Million | $107.09 Million | $1.97 Billion | ▲ +500.4% |
| 2011 | -0.02x | $-38.12 Million | $-90.48 Million | $1.94 Billion | ▲ +78.3% |
| 2010 | -0.09x | $-177.80 Million | $-229.01 Million | $1.96 Billion | ▼ -401.8% |
| 2009 | 0.03x | $31.54 Million | $7.42 Million | $1.05 Billion | ▼ -79.1% |
| 2008 | 0.14x | $147.62 Million | $117.62 Million | $1.03 Billion | ▲ +60.0% |
| 2007 | 0.09x | $140.85 Million | $108.74 Million | $1.57 Billion | ▲ +258.5% |
| 2006 | -0.06x | $-61.63 Million | $-79.39 Million | $1.09 Billion | ▲ +73.4% |
| 2005 | -0.21x | $-200.73 Million | $-230.27 Million | $939.86 Million | ▲ +1.2% |
| 2004 | -0.22x | $-212.44 Million | $-245.44 Million | $982.63 Million | ▼ -7.0% |
| 2003 | -0.20x | $-211.61 Million | $-241.16 Million | $1.05 Billion | ▼ -705.6% |
| 2002 | 0.03x | $40.83 Million | $-25.50 Million | $1.22 Billion | ▼ -90.0% |
| 2001 | 0.33x | $395.53 Million | $156.99 Million | $1.19 Billion | ▼ -60.5% |
| 2000 | 0.84x | $182.99 Million | $59.04 Million | $217.37 Million | ▲ +92.3% |
| 1999 | 0.44x | $64.50 Million | $17.70 Million | $147.30 Million | ▼ -65.0% |
| 1998 | 1.25x | $121.90 Million | $35.50 Million | $97.50 Million | ▼ -28.8% |
| 1997 | 1.75x | $146.70 Million | $80.10 Million | $83.60 Million | — |