Eneva S.A (ENEV3) — Financial Flexibility Index
Eneva S.A (ENEV3) has a Financial Flexibility Index of 0.08x as of March 2026. Free cash flow of R$2.93 Billion (operating CF R$994.04 Million minus capex R$1.94 Billion) represents 0% of total liabilities (R$36.59 Billion). Check Eneva S.A total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Eneva S.A Financial Flexibility Index (2004–2025)
Historical Financial Flexibility Index trend for Eneva S.A across 22 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Eneva S.A.
Annual Financial Flexibility Index for Eneva S.A (2004–2025)
Year-by-year free cash flow to debt coverage for Eneva S.A. Explore how well can Eneva S.A service its debt to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (BRL) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.26x | R$9.29 Billion | R$3.63 Billion | R$35.43 Billion | ▲ +27.2% |
| 2024 | 0.21x | R$6.71 Billion | R$4.16 Billion | R$32.56 Billion | ▲ +10.3% |
| 2023 | 0.19x | R$5.35 Billion | R$2.79 Billion | R$28.63 Billion | ▲ +42.8% |
| 2022 | 0.13x | R$3.66 Billion | R$1.27 Billion | R$27.98 Billion | ▼ -48.9% |
| 2021 | 0.26x | R$2.37 Billion | R$1.23 Billion | R$9.25 Billion | ▼ -36.3% |
| 2020 | 0.40x | R$3.33 Billion | R$1.25 Billion | R$8.29 Billion | ▲ +27.5% |
| 2019 | 0.32x | R$2.20 Billion | R$1.37 Billion | R$6.96 Billion | ▼ -4.3% |
| 2018 | 0.33x | R$1.98 Billion | R$1.53 Billion | R$6.02 Billion | ▲ +38.3% |
| 2017 | 0.24x | R$1.32 Billion | R$1.01 Billion | R$5.53 Billion | ▲ +70.6% |
| 2016 | 0.14x | R$821.73 Million | R$664.98 Million | R$5.88 Billion | ▲ +41.7% |
| 2015 | 0.10x | R$480.20 Million | R$246.76 Million | R$4.87 Billion | ▼ -16.9% |
| 2014 | 0.12x | R$692.05 Million | R$590.53 Million | R$5.83 Billion | ▲ +9.4% |
| 2013 | 0.11x | R$772.30 Million | R$-503.66 Million | R$7.12 Billion | ▼ -17.7% |
| 2012 | 0.13x | R$704.18 Million | R$-455.67 Million | R$5.34 Billion | ▼ -48.5% |
| 2011 | 0.26x | R$1.90 Billion | R$-236.75 Million | R$7.41 Billion | ▼ -28.1% |
| 2010 | 0.36x | R$1.63 Billion | R$-35.96 Million | R$4.58 Billion | ▲ +44.8% |
| 2009 | 0.25x | R$722.23 Million | R$-181.03 Million | R$2.94 Billion | ▼ -65.4% |
| 2008 | 0.71x | R$967.17 Million | R$20.59 Million | R$1.36 Billion | ▲ +172.2% |
| 2007 | 0.26x | R$77.33 Million | R$-15.43 Million | R$296.28 Million | ▲ +212.3% |
| 2006 | 0.08x | R$595.00K | R$595.00K | R$7.12 Million | ▲ +105.6% |
| 2005 | -1.49x | R$-7.63 Million | R$-10.11 Million | R$5.14 Million | ▼ -150.2% |
| 2004 | 2.96x | R$42.39 Million | R$42.39 Million | R$14.31 Million | — |