Companhia Energética do Ceará - Coelce (COCE3) — Financial Flexibility Index
Companhia Energética do Ceará - Coelce (COCE3) has a Financial Flexibility Index of -0.04x as of March 2026. Free cash flow of R$-472.31 Million (operating CF R$-475.87 Million minus capex R$3.56 Million) represents 0% of total liabilities (R$11.05 Billion). Check COCE3 capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Companhia Energética do Ceará - Coelce Financial Flexibility Index (2006–2025)
Historical Financial Flexibility Index trend for Companhia Energética do Ceará - Coelce across 20 annual periods. For the full cash flow conversion analysis, see COCE3 cash flow conversion.
Annual Financial Flexibility Index for Companhia Energética do Ceará - Coelce (2006–2025)
Year-by-year free cash flow to debt coverage for Companhia Energética do Ceará - Coelce. Explore COCE3 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (BRL) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.36x | R$4.03 Billion | R$1.90 Billion | R$11.21 Billion | ▲ +84.7% |
| 2024 | 0.19x | R$1.80 Billion | R$1.75 Billion | R$9.27 Billion | ▼ -5.4% |
| 2023 | 0.21x | R$1.83 Billion | R$538.75 Million | R$8.91 Billion | ▼ -40.3% |
| 2022 | 0.34x | R$2.88 Billion | R$897.00 Million | R$8.35 Billion | ▲ +106.8% |
| 2021 | 0.17x | R$1.29 Billion | R$123.37 Million | R$7.75 Billion | ▼ -48.2% |
| 2020 | 0.32x | R$1.97 Billion | R$997.63 Million | R$6.14 Billion | ▲ +31.1% |
| 2019 | 0.25x | R$1.36 Billion | R$624.24 Million | R$5.55 Billion | ▼ -32.8% |
| 2018 | 0.36x | R$1.32 Billion | R$431.92 Million | R$3.63 Billion | ▼ -22.2% |
| 2017 | 0.47x | R$1.46 Billion | R$746.80 Million | R$3.12 Billion | ▼ -22.2% |
| 2016 | 0.60x | R$1.57 Billion | R$1.06 Billion | R$2.61 Billion | ▲ +74.3% |
| 2015 | 0.35x | R$901.17 Million | R$474.29 Million | R$2.60 Billion | ▲ +62.2% |
| 2014 | 0.21x | R$493.25 Million | R$222.64 Million | R$2.31 Billion | ▼ -49.8% |
| 2013 | 0.42x | R$766.21 Million | R$502.52 Million | R$1.80 Billion | ▲ +9.5% |
| 2012 | 0.39x | R$775.15 Million | R$600.12 Million | R$2.00 Billion | ▼ -3.6% |
| 2011 | 0.40x | R$756.38 Million | R$585.88 Million | R$1.88 Billion | ▼ -29.0% |
| 2010 | 0.57x | R$973.35 Million | R$656.59 Million | R$1.72 Billion | ▲ +7.5% |
| 2009 | 0.53x | R$969.73 Million | R$636.86 Million | R$1.84 Billion | ▲ +15.2% |
| 2008 | 0.46x | R$852.60 Million | R$378.02 Million | R$1.86 Billion | ▼ 0.0% |
| 2007 | 0.46x | R$790.29 Million | R$391.26 Million | R$1.73 Billion | ▼ -19.5% |
| 2006 | 0.57x | R$983.28 Million | R$640.18 Million | R$1.73 Billion | — |