Phoenix New Media Limited (FENG) — Financial Flexibility Index

Latest as of March 2026: 0.02x

Phoenix New Media Limited (FENG) has a Financial Flexibility Index of 0.02x as of March 2026. Free cash flow of $10.38 Million (operating CF $-2.67 Million minus capex $13.04 Million) represents 0% of total liabilities ($506.78 Million). Check Phoenix New Media Limited strategic capital allocation to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.02x
Free Cash Flow / Total Liabilities

Free Cash Flow

$10.38 Million
Operating CF − Capex

Total Liabilities

$506.78 Million
USD

Capital Expenditures

$13.04 Million
USD

Phoenix New Media Limited Financial Flexibility Index (2010–2025)

Historical Financial Flexibility Index trend for Phoenix New Media Limited across 16 annual periods. See FENG net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Phoenix New Media Limited (2010–2025)

Year-by-year free cash flow to debt coverage for Phoenix New Media Limited. For the full company profile including market capitalisation, see Phoenix New Media Limited market cap and net worth.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.02x $10.38 Million $-2.67 Million $541.82 Million ▲ +129.3%
2024 -0.07x $-39.08 Million $-44.30 Million $598.52 Million ▲ +24.0%
2023 -0.09x $-51.11 Million $-60.83 Million $595.12 Million ▲ +76.4%
2022 -0.36x $-278.45 Million $-312.41 Million $765.60 Million ▼ -193.5%
2021 -0.12x $-125.99 Million $-142.82 Million $1.02 Billion ▼ -50.9%
2020 -0.08x $-91.02 Million $-103.11 Million $1.11 Billion ▲ +40.7%
2019 -0.14x $-246.47 Million $-330.31 Million $1.78 Billion ▼ -722.4%
2018 -0.02x $-20.87 Million $-76.82 Million $1.24 Billion ▼ -109.2%
2017 0.18x $200.78 Million $172.98 Million $1.10 Billion ▼ -21.0%
2016 0.23x $232.97 Million $203.69 Million $1.01 Billion ▼ -33.2%
2015 0.35x $264.27 Million $220.81 Million $762.52 Million ▼ -31.5%
2014 0.51x $308.86 Million $273.47 Million $610.17 Million ▼ -35.3%
2013 0.78x $377.04 Million $347.80 Million $481.73 Million ▲ +30.3%
2012 0.60x $189.16 Million $109.58 Million $314.92 Million ▲ +57.8%
2011 0.38x $98.11 Million $64.64 Million $257.71 Million ▼ -44.2%
2010 0.68x $103.73 Million $85.68 Million $152.04 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities