Kernel Holding SA (KER) — Financial Flexibility Index
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). Check KER cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Kernel Holding SA Financial Flexibility Index (2005–2024)
Historical Financial Flexibility Index trend for Kernel Holding SA across 20 annual periods. For the full cash flow conversion analysis, see Kernel Holding SA operating cash flow efficiency.
Annual Financial Flexibility Index for Kernel Holding SA (2005–2024)
Year-by-year free cash flow to debt coverage for Kernel Holding SA. Explore KER operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
| 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 | — |