Ermenegildo Zegna NV (ZGN) — Financial Flexibility Index
Ermenegildo Zegna NV (ZGN) has a Financial Flexibility Index of 0.16x as of December 2025. Free cash flow of $278.52 Million (operating CF $234.81 Million minus capex $43.71 Million) represents 0% of total liabilities ($1.73 Billion). Check Ermenegildo Zegna NV cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Ermenegildo Zegna NV Financial Flexibility Index (2018–2025)
Historical Financial Flexibility Index trend for Ermenegildo Zegna NV across 8 annual periods. For the full cash flow conversion analysis, see Ermenegildo Zegna NV cash flow conversion.
Annual Financial Flexibility Index for Ermenegildo Zegna NV (2018–2025)
Year-by-year free cash flow to debt coverage for Ermenegildo Zegna NV. Explore ZGN operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.23x | $402.44 Million | $322.32 Million | $1.73 Billion | ▲ +6.1% |
| 2024 | 0.22x | $404.66 Million | $279.13 Million | $1.85 Billion | ▲ +15.5% |
| 2023 | 0.19x | $353.26 Million | $275.38 Million | $1.87 Billion | ▲ +46.0% |
| 2022 | 0.13x | $219.70 Million | $146.40 Million | $1.69 Billion | ▼ -37.4% |
| 2021 | 0.21x | $375.48 Million | $281.15 Million | $1.81 Billion | ▲ +233.0% |
| 2020 | 0.06x | $110.06 Million | $70.91 Million | $1.77 Billion | ▼ -49.2% |
| 2019 | 0.12x | $233.63 Million | $174.12 Million | $1.91 Billion | ▲ +0.1% |
| 2018 | 0.12x | $252.86 Million | $192.76 Million | $2.07 Billion | — |