Emera Inc. (EMA) — Financial Flexibility Index

Latest as of June 2026: 0.05x

Emera Inc. (EMA) has a Financial Flexibility Index of 0.05x as of June 2026. Free cash flow of CA$1.54 Billion (operating CF CA$667.00 Million minus capex CA$877.00 Million) represents 0% of total liabilities (CA$32.18 Billion). Check EMA total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.05x
Free Cash Flow / Total Liabilities

Free Cash Flow

CA$1.54 Billion
Operating CF − Capex

Total Liabilities

CA$32.18 Billion
CAD

Capital Expenditures

CA$877.00 Million
CAD

Emera Inc. Financial Flexibility Index (1999–2025)

Historical Financial Flexibility Index trend for Emera Inc. across 27 annual periods. For the full cash flow conversion analysis, see EMA cash flow metrics.

Annual Financial Flexibility Index for Emera Inc. (1999–2025)

Year-by-year free cash flow to debt coverage for Emera Inc.. Explore Emera Inc. (EMA) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (CAD) Operating CF Total Liabilities YoY Change
2025 0.17x CA$5.33 Billion CA$1.80 Billion CA$31.42 Billion ▼ -13.1%
2024 0.20x CA$5.80 Billion CA$2.65 Billion CA$29.66 Billion ▲ +3.4%
2023 0.19x CA$5.18 Billion CA$2.24 Billion CA$27.39 Billion ▲ +52.5%
2022 0.12x CA$3.51 Billion CA$913.00 Million CA$28.30 Billion ▼ -15.7%
2021 0.15x CA$3.54 Billion CA$1.19 Billion CA$24.09 Billion ▼ -24.1%
2020 0.19x CA$4.26 Billion CA$1.64 Billion CA$22.00 Billion ▲ +12.0%
2019 0.17x CA$4.02 Billion CA$1.52 Billion CA$23.24 Billion ▲ +7.6%
2018 0.16x CA$3.85 Billion CA$1.69 Billion CA$23.96 Billion ▲ +27.5%
2017 0.13x CA$2.72 Billion CA$1.19 Billion CA$21.59 Billion ▲ +35.5%
2016 0.09x CA$2.08 Billion CA$1.05 Billion CA$22.41 Billion ▼ -35.2%
2015 0.14x CA$1.10 Billion CA$674.20 Million CA$7.68 Billion ▼ -26.1%
2014 0.19x CA$1.19 Billion CA$762.50 Million CA$6.14 Billion ▲ +31.7%
2013 0.15x CA$881.40 Million CA$564.20 Million CA$5.98 Billion ▼ -6.9%
2012 0.16x CA$831.20 Million CA$397.60 Million CA$5.25 Billion ▼ -7.4%
2011 0.17x CA$871.60 Million CA$399.50 Million CA$5.10 Billion ▼ -19.1%
2010 0.21x CA$957.80 Million CA$416.40 Million CA$4.53 Billion ▲ +23.6%
2009 0.17x CA$641.90 Million CA$302.80 Million CA$3.76 Billion ▼ -19.6%
2008 0.21x CA$783.00 Million CA$237.20 Million CA$3.68 Billion ▼ -0.9%
2007 0.21x CA$603.00 Million CA$351.40 Million CA$2.81 Billion ▼ -5.0%
2006 0.23x CA$539.50 Million CA$345.80 Million CA$2.39 Billion ▲ +82.1%
2005 0.12x CA$293.60 Million CA$164.30 Million CA$2.37 Billion ▼ -36.2%
2004 0.19x CA$455.60 Million CA$304.00 Million CA$2.34 Billion ▲ +22.2%
2003 0.16x CA$360.70 Million CA$239.50 Million CA$2.27 Billion ▼ -0.2%
2002 0.16x CA$367.80 Million CA$257.90 Million CA$2.31 Billion ▲ +18.8%
2001 0.13x CA$336.60 Million CA$145.10 Million CA$2.51 Billion ▼ -32.5%
2000 0.20x CA$342.30 Million CA$219.70 Million CA$1.72 Billion ▼ -1.3%
1999 0.20x CA$347.50 Million CA$223.70 Million CA$1.73 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities