Eneva S.A (ENEV3) — Financial Flexibility Index

Latest as of March 2026: 0.08x

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 how strategically is Eneva S.A's equity deployed to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.08x
Free Cash Flow / Total Liabilities

Free Cash Flow

R$2.93 Billion
Operating CF − Capex

Total Liabilities

R$36.59 Billion
BRL

Capital Expenditures

R$1.94 Billion
BRL

Eneva S.A Financial Flexibility Index (2004–2025)

Historical Financial Flexibility Index trend for Eneva S.A across 22 annual periods. See Eneva S.A working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Eneva S.A (2004–2025)

Year-by-year free cash flow to debt coverage for Eneva S.A. For the full company profile including market capitalisation, see Eneva S.A market cap and net worth.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities