Kernel Holding SA (KER) — Financial Flexibility Index

Latest as of December 2025: -0.13x

Kernel Holding SA (KER) has a Financial Flexibility Index of -0.13x as of December 2025. Free cash flow of zł-150.88 Million (operating CF zł-175.51 Million minus capex zł24.64 Million) represents 0% of total liabilities (zł1.19 Billion). Also explore net asset momentum of Kernel Holding SA to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

-0.13x
Free Cash Flow / Total Liabilities

Free Cash Flow

zł-150.88 Million
Operating CF − Capex

Total Liabilities

zł1.19 Billion
PLN

Capital Expenditures

zł24.64 Million
PLN

Kernel Holding SA Financial Flexibility Index (2005–2024)

Historical Financial Flexibility Index trend for Kernel Holding SA across 20 annual periods. Check Kernel Holding SA strategic capital allocation to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Kernel Holding SA (2005–2024)

Year-by-year free cash flow to debt coverage for Kernel Holding SA. For the full company profile including market capitalisation, see Kernel Holding SA market cap and net worth.

Year Flexibility Index Free Cash Flow (PLN) Operating CF Total Liabilities YoY Change
2024 0.40x zł618.63 Million zł472.14 Million zł1.53 Billion ▲ +7.5%
2023 0.38x zł805.27 Million zł716.13 Million zł2.14 Billion ▲ +18243.1%
2022 0.00x zł-5.18 Million zł-305.46 Million zł2.50 Billion ▼ -100.6%
2021 0.34x zł643.60 Million zł459.84 Million zł1.91 Billion ▲ +13.9%
2020 0.30x zł493.21 Million zł269.36 Million zł1.67 Billion ▼ -15.6%
2019 0.35x zł391.01 Million zł198.65 Million zł1.12 Billion ▲ +47.7%
2018 0.24x zł244.71 Million zł82.48 Million zł1.03 Billion ▲ +66.0%
2017 0.14x zł121.54 Million zł77.41 Million zł851.47 Million ▼ -56.5%
2016 0.33x zł168.11 Million zł133.72 Million zł512.30 Million ▼ -56.5%
2015 0.75x zł433.56 Million zł404.72 Million zł574.77 Million ▲ +404.2%
2014 0.15x zł132.90 Million zł82.47 Million zł888.34 Million ▼ -62.8%
2013 0.40x zł408.00 Million zł297.67 Million zł1.01 Billion ▲ +396.8%
2012 0.08x zł73.52 Million zł-23.99 Million zł908.33 Million ▼ -73.6%
2011 0.31x zł172.90 Million zł56.15 Million zł564.60 Million ▲ +12.7%
2010 0.27x zł141.32 Million zł84.80 Million zł519.88 Million ▼ -58.1%
2009 0.65x zł222.04 Million zł129.29 Million zł342.24 Million ▲ +566.5%
2008 -0.14x zł-43.83 Million zł-125.62 Million zł315.19 Million ▼ -308.0%
2007 0.07x zł13.19 Million zł11.59 Million zł197.32 Million ▲ +132.5%
2006 -0.21x zł-22.31 Million zł-29.05 Million zł108.27 Million ▼ -419.4%
2005 0.06x zł4.79 Million zł-5.30 Million zł74.27 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities