Light S.A (LIGT3) — Financial Flexibility Index
Light S.A (LIGT3) has a Financial Flexibility Index of -0.01x as of March 2026. Free cash flow of R$-129.76 Million (operating CF R$-143.85 Million minus capex R$14.09 Million) represents 0% of total liabilities (R$21.59 Billion). Check total reinvestment intensity of Light S.A to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Light S.A Financial Flexibility Index (2003–2025)
Historical Financial Flexibility Index trend for Light S.A across 23 annual periods. For the full cash flow conversion analysis, see LIGT3 cash generation efficiency.
Annual Financial Flexibility Index for Light S.A (2003–2025)
Year-by-year free cash flow to debt coverage for Light S.A. Explore Light S.A cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (BRL) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.04x | R$872.06 Million | R$703.72 Million | R$21.86 Billion | ▼ -74.2% |
| 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 | — |