Light S.A (LIGT3) — Financial Flexibility Index
Light S.A (LIGT3) has a Financial Flexibility Index of 0.01x as of September 2025. Free cash flow of R$253.52 Million (operating CF R$-108.30 Million minus capex R$361.82 Million) represents 0% of total liabilities (R$20.12 Billion). Check Light S.A strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Light S.A Financial Flexibility Index (2003–2024)
Historical Financial Flexibility Index trend for Light S.A across 22 annual periods. See LIGT3 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Light S.A (2003–2024)
Year-by-year free cash flow to debt coverage for Light S.A. For the full company profile including market capitalisation, see LIGT3 market cap.
| Year | Flexibility Index | Free Cash Flow (BRL) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.15x | R$3.12 Billion | R$2.15 Billion | R$20.13 Billion | ▲ +47.3% |
| 2023 | 0.11x | R$2.17 Billion | R$1.40 Billion | R$20.62 Billion | ▲ +33.8% |
| 2022 | 0.08x | R$1.67 Billion | R$200.76 Million | R$21.26 Billion | ▲ +27.2% |
| 2021 | 0.06x | R$1.21 Billion | R$-42.05 Million | R$19.54 Billion | ▼ -63.9% |
| 2020 | 0.17x | R$3.30 Billion | R$2.33 Billion | R$19.32 Billion | ▲ +131.3% |
| 2019 | 0.07x | R$1.30 Billion | R$451.55 Million | R$17.61 Billion | ▲ +33.7% |
| 2018 | 0.06x | R$800.14 Million | R$41.49 Million | R$14.47 Billion | ▼ -6.0% |
| 2017 | 0.06x | R$676.94 Million | R$25.75 Million | R$11.51 Billion | ▼ -58.6% |
| 2016 | 0.14x | R$1.56 Billion | R$1.14 Billion | R$10.98 Billion | ▼ -14.3% |
| 2015 | 0.17x | R$1.86 Billion | R$979.48 Million | R$11.24 Billion | ▲ +16.9% |
| 2014 | 0.14x | R$1.42 Billion | R$585.47 Million | R$10.01 Billion | ▼ -40.0% |
| 2013 | 0.24x | R$2.25 Billion | R$1.42 Billion | R$9.53 Billion | ▲ +42.7% |
| 2012 | 0.17x | R$1.34 Billion | R$541.16 Million | R$8.12 Billion | ▲ +2.1% |
| 2011 | 0.16x | R$1.21 Billion | R$472.01 Million | R$7.48 Billion | ▼ -45.5% |
| 2010 | 0.30x | R$1.86 Billion | R$1.23 Billion | R$6.26 Billion | ▲ +16.3% |
| 2009 | 0.26x | R$1.61 Billion | R$1.05 Billion | R$6.30 Billion | ▼ -11.4% |
| 2008 | 0.29x | R$1.92 Billion | R$1.31 Billion | R$6.66 Billion | ▼ -9.3% |
| 2007 | 0.32x | R$2.02 Billion | R$1.53 Billion | R$6.34 Billion | ▲ +39.4% |
| 2006 | 0.23x | R$1.61 Billion | R$1.30 Billion | R$7.05 Billion | ▲ +1349.3% |
| 2005 | 0.02x | R$110.38 Million | R$-155.78 Million | R$7.00 Billion | ▼ -82.2% |
| 2004 | 0.09x | R$682.76 Million | R$375.71 Million | R$7.69 Billion | ▲ +51.0% |
| 2003 | 0.06x | R$427.77 Million | R$146.61 Million | R$7.28 Billion | — |