Gafisa S.A (GFSA3) — Financial Flexibility Index

Latest as of March 2026: -0.04x

Gafisa S.A (GFSA3) has a Financial Flexibility Index of -0.04x as of March 2026. Free cash flow of R$-122.86 Million (operating CF R$-129.09 Million minus capex R$6.23 Million) represents 0% of total liabilities (R$3.20 Billion). Check Gafisa S.A strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

-0.04x
Free Cash Flow / Total Liabilities

Free Cash Flow

R$-122.86 Million
Operating CF − Capex

Total Liabilities

R$3.20 Billion
BRL

Capital Expenditures

R$6.23 Million
BRL

Gafisa S.A Financial Flexibility Index (2000–2025)

Historical Financial Flexibility Index trend for Gafisa S.A across 26 annual periods. See Gafisa S.A short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Gafisa S.A (2000–2025)

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

Year Flexibility Index Free Cash Flow (BRL) Operating CF Total Liabilities YoY Change
2025 -0.05x R$-171.88 Million R$-185.33 Million R$3.24 Billion ▼ -203.0%
2024 0.05x R$172.74 Million R$160.71 Million R$3.35 Billion ▲ +19.5%
2023 0.04x R$147.52 Million R$132.60 Million R$3.42 Billion ▲ +318.8%
2022 0.01x R$38.72 Million R$-90.61 Million R$3.76 Billion ▲ +112.6%
2021 -0.08x R$-238.17 Million R$-279.92 Million R$2.91 Billion ▲ +58.8%
2020 -0.20x R$-436.15 Million R$-452.89 Million R$2.19 Billion ▼ -792.7%
2019 0.03x R$47.60 Million R$44.02 Million R$1.66 Billion ▲ +32.9%
2018 0.02x R$43.96 Million R$31.45 Million R$2.03 Billion ▼ -79.8%
2017 0.11x R$227.32 Million R$206.86 Million R$2.12 Billion ▲ +108.9%
2016 0.05x R$168.45 Million R$132.61 Million R$3.28 Billion ▲ +28.6%
2015 0.04x R$146.33 Million R$91.75 Million R$3.66 Billion ▲ +27.0%
2014 0.03x R$130.42 Million R$41.89 Million R$4.15 Billion ▼ -58.7%
2013 0.08x R$378.64 Million R$297.65 Million R$4.97 Billion ▼ -36.5%
2012 0.12x R$765.75 Million R$650.95 Million R$6.38 Billion ▲ +212.0%
2011 -0.11x R$-724.53 Million R$-819.44 Million R$6.76 Billion ▲ +40.2%
2010 -0.18x R$-1.03 Billion R$-1.10 Billion R$5.77 Billion ▼ -50.5%
2009 -0.12x R$-631.58 Million R$-676.69 Million R$5.30 Billion ▲ +45.1%
2008 -0.22x R$-749.38 Million R$-812.51 Million R$3.46 Billion ▲ +34.1%
2007 -0.33x R$-461.88 Million R$-495.97 Million R$1.40 Billion ▲ +25.7%
2006 -0.44x R$-300.93 Million R$-305.50 Million R$678.49 Million ▼ -168.6%
2005 -0.17x R$-111.28 Million R$-112.88 Million R$674.01 Million ▼ -495.6%
2004 0.04x R$25.13 Million R$23.62 Million R$602.20 Million ▼ -62.4%
2003 0.11x R$81.50 Million R$79.77 Million R$733.80 Million ▲ +56.3%
2002 0.07x R$42.24 Million R$38.85 Million R$594.52 Million ▼ -61.9%
2001 0.19x R$83.98 Million R$77.77 Million R$450.39 Million ▲ +1999.0%
2000 0.01x R$2.05 Million R$397.00K R$230.89 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities