Daqo New Energy Corp ADR (DQ) — Financial Flexibility Index

Latest as of March 2026: -0.26x

Daqo New Energy Corp ADR (DQ) has a Financial Flexibility Index of -0.26x as of March 2026. Free cash flow of $-118.82 Million (operating CF $-147.51 Million minus capex $28.69 Million) represents 0% of total liabilities ($449.58 Million). Check Daqo New Energy Corp ADR (DQ) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

-0.26x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-118.82 Million
Operating CF − Capex

Total Liabilities

$449.58 Million
USD

Capital Expenditures

$28.69 Million
USD

Daqo New Energy Corp ADR Financial Flexibility Index (2008–2025)

Historical Financial Flexibility Index trend for Daqo New Energy Corp ADR across 18 annual periods. For the full cash flow conversion analysis, see Daqo New Energy Corp ADR (DQ) cash conversion ratio.

Annual Financial Flexibility Index for Daqo New Energy Corp ADR (2008–2025)

Year-by-year free cash flow to debt coverage for Daqo New Energy Corp ADR. Explore debt repayment capacity of Daqo New Energy Corp ADR to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.45x $235.59 Million $56.12 Million $529.22 Million ▲ +425.5%
2024 -0.14x $-76.63 Million $-435.64 Million $560.38 Million ▼ -104.8%
2023 2.86x $2.80 Billion $1.62 Billion $978.58 Million ▼ -23.8%
2022 3.76x $3.72 Billion $2.47 Billion $989.49 Million ▲ +122.6%
2021 1.69x $1.15 Billion $638.99 Million $679.82 Million ▲ +126.5%
2020 0.75x $328.00 Million $209.70 Million $440.23 Million ▲ +23.6%
2019 0.60x $382.31 Million $102.78 Million $634.20 Million ▼ -16.7%
2018 0.72x $238.62 Million $95.55 Million $329.80 Million ▲ +21.7%
2017 0.59x $210.54 Million $142.71 Million $354.25 Million ▲ +37.7%
2016 0.43x $166.15 Million $98.67 Million $384.98 Million ▲ +22.4%
2015 0.35x $147.79 Million $66.42 Million $419.20 Million ▲ +44.7%
2014 0.24x $122.65 Million $45.62 Million $503.36 Million ▲ +621.0%
2013 0.03x $15.98 Million $-16.52 Million $472.87 Million ▼ -83.2%
2012 0.20x $95.35 Million $-10.31 Million $475.43 Million ▼ -71.3%
2011 0.70x $297.56 Million $44.86 Million $426.45 Million ▼ -5.3%
2010 0.74x $183.28 Million $125.62 Million $248.74 Million ▲ +113.4%
2009 0.35x $118.56 Million $-2.73 Million $343.43 Million ▼ -60.1%
2008 0.87x $241.55 Million $102.65 Million $279.05 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities