Ciena Corp (CIEN) — Financial Flexibility Index
Ciena Corp (CIEN) has a Financial Flexibility Index of 0.10x as of January 2026. Free cash flow of $301.53 Million (operating CF $227.65 Million minus capex $73.89 Million) represents 0% of total liabilities ($3.10 Billion). Also explore net asset growth rate of Ciena Corp to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Ciena Corp Financial Flexibility Index (1997–2025)
Historical Financial Flexibility Index trend for Ciena Corp across 29 annual periods. Check CIEN strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for Ciena Corp (1997–2025)
Year-by-year free cash flow to debt coverage for Ciena Corp. For the full company profile including market capitalisation, see CIEN company net worth.
| 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 | — |