Ultrapar Participações S.A (UGPA3) — Financial Flexibility Index

Latest as of March 2026: 0.03x

Ultrapar Participações S.A (UGPA3) has a Financial Flexibility Index of 0.03x as of March 2026. Free cash flow of R$914.09 Million (operating CF R$545.79 Million minus capex R$368.29 Million) represents 0% of total liabilities (R$32.57 Billion). Check cash flow reinvestment rate of Ultrapar Participações S.A to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.03x
Free Cash Flow / Total Liabilities

Free Cash Flow

R$914.09 Million
Operating CF − Capex

Total Liabilities

R$32.57 Billion
BRL

Capital Expenditures

R$368.29 Million
BRL

Ultrapar Participações S.A Financial Flexibility Index (1999–2025)

Historical Financial Flexibility Index trend for Ultrapar Participações S.A across 27 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Ultrapar Participações S.A.

Annual Financial Flexibility Index for Ultrapar Participações S.A (1999–2025)

Year-by-year free cash flow to debt coverage for Ultrapar Participações S.A. Explore Ultrapar Participações S.A debt service capacity to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (BRL) Operating CF Total Liabilities YoY Change
2025 0.17x R$5.56 Billion R$3.55 Billion R$32.56 Billion ▼ -24.5%
2024 0.23x R$5.52 Billion R$3.74 Billion R$24.41 Billion ▲ +6.3%
2023 0.21x R$5.16 Billion R$3.85 Billion R$24.22 Billion ▲ +60.3%
2022 0.13x R$3.22 Billion R$2.00 Billion R$24.27 Billion ▼ -1.9%
2021 0.14x R$3.87 Billion R$2.59 Billion R$28.54 Billion ▼ -16.8%
2020 0.16x R$4.29 Billion R$3.14 Billion R$26.34 Billion ▼ -16.5%
2019 0.19x R$4.16 Billion R$2.92 Billion R$21.36 Billion ▼ -6.2%
2018 0.21x R$4.30 Billion R$2.89 Billion R$20.70 Billion ▼ -10.9%
2017 0.23x R$4.34 Billion R$2.28 Billion R$18.62 Billion ▼ -12.9%
2016 0.27x R$4.18 Billion R$2.51 Billion R$15.60 Billion ▼ -24.6%
2015 0.36x R$4.61 Billion R$3.20 Billion R$12.99 Billion ▲ +5.3%
2014 0.34x R$3.97 Billion R$2.65 Billion R$11.75 Billion ▼ -0.2%
2013 0.34x R$3.32 Billion R$2.12 Billion R$9.83 Billion ▼ -17.6%
2012 0.41x R$3.81 Billion R$2.45 Billion R$9.28 Billion ▲ +20.5%
2011 0.34x R$2.78 Billion R$1.71 Billion R$8.17 Billion ▲ +10.1%
2010 0.31x R$2.42 Billion R$1.51 Billion R$7.81 Billion ▼ -11.3%
2009 0.35x R$3.78 Billion R$2.87 Billion R$10.86 Billion ▲ +33.2%
2008 0.26x R$1.30 Billion R$373.50 Million R$4.98 Billion ▲ +7.9%
2007 0.24x R$1.13 Billion R$468.16 Million R$4.67 Billion ▼ -27.7%
2006 0.34x R$647.43 Million R$383.37 Million R$1.93 Billion ▲ +5.8%
2005 0.32x R$589.03 Million R$409.74 Million R$1.86 Billion ▼ -57.1%
2004 0.74x R$767.00 Million R$539.74 Million R$1.04 Billion ▲ +55.9%
2003 0.47x R$480.65 Million R$310.14 Million R$1.01 Billion ▼ -32.7%
2002 0.70x R$637.60 Million R$468.80 Million R$905.80 Million ▲ +3.4%
2001 0.68x R$485.36 Million R$339.06 Million R$712.95 Million ▲ +24.6%
2000 0.55x R$389.98 Million R$237.89 Million R$713.66 Million ▲ +3.8%
1999 0.53x R$379.10 Million R$302.70 Million R$720.01 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities