Muza S.A (MZA) — Financial Flexibility Index

Latest as of March 2026: 0.22x

Muza S.A (MZA) has a Financial Flexibility Index of 0.22x as of March 2026. Free cash flow of zł4.08 Million (operating CF zł3.23 Million minus capex zł855.00K) represents 0% of total liabilities (zł18.80 Million). Check MZA capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.22x
Free Cash Flow / Total Liabilities

Free Cash Flow

zł4.08 Million
Operating CF − Capex

Total Liabilities

zł18.80 Million
PLN

Capital Expenditures

zł855.00K
PLN

Muza S.A Financial Flexibility Index (2008–2025)

Historical Financial Flexibility Index trend for Muza S.A across 18 annual periods. For the full cash flow conversion analysis, see Muza S.A cash conversion from operations.

Annual Financial Flexibility Index for Muza S.A (2008–2025)

Year-by-year free cash flow to debt coverage for Muza S.A. Explore MZA 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
2025 0.58x zł10.68 Million zł4.02 Million zł18.43 Million ▲ +15.2%
2024 0.50x zł9.57 Million zł3.78 Million zł19.02 Million ▼ -40.8%
2023 0.85x zł21.95 Million zł16.45 Million zł25.83 Million ▲ +48.0%
2022 0.57x zł11.45 Million zł6.41 Million zł19.95 Million ▼ -6.1%
2021 0.61x zł9.92 Million zł6.07 Million zł16.22 Million ▲ +64.3%
2020 0.37x zł7.03 Million zł3.91 Million zł18.87 Million ▲ +78.4%
2019 0.21x zł3.41 Million zł1.12 Million zł16.34 Million ▼ -43.1%
2018 0.37x zł6.21 Million zł3.13 Million zł16.94 Million ▼ -39.9%
2017 0.61x zł9.97 Million zł6.37 Million zł16.33 Million ▲ +78.0%
2016 0.34x zł6.76 Million zł3.65 Million zł19.70 Million ▲ +2.6%
2015 0.33x zł6.50 Million zł3.72 Million zł19.44 Million ▲ +15.3%
2014 0.29x zł5.22 Million zł2.73 Million zł18.02 Million ▲ +21.5%
2013 0.24x zł4.35 Million zł1.42 Million zł18.24 Million ▲ +322.7%
2012 -0.11x zł-1.50 Million zł-1.56 Million zł13.98 Million ▼ -357.0%
2011 0.04x zł555.00K zł-433.00K zł13.31 Million ▼ -36.4%
2010 0.07x zł1.65 Million zł1.29 Million zł25.22 Million ▲ +575.5%
2009 -0.01x zł-370.00K zł-856.00K zł26.84 Million ▼ -126.3%
2008 0.05x zł1.44 Million zł759.00K zł27.41 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities