Photon Energy N.V. (PEN) — Financial Flexibility Index

Latest as of December 2025: 0.04x

Photon Energy N.V. (PEN) has a Financial Flexibility Index of 0.04x as of December 2025. Free cash flow of zł7.95 Million (operating CF zł6.23 Million minus capex zł1.72 Million) represents 0% of total liabilities (zł218.56 Million). Check total reinvestment intensity of Photon Energy N.V. to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.04x
Free Cash Flow / Total Liabilities

Free Cash Flow

zł7.95 Million
Operating CF − Capex

Total Liabilities

zł218.56 Million
PLN

Capital Expenditures

zł1.72 Million
PLN

Photon Energy N.V. Financial Flexibility Index (2011–2025)

Historical Financial Flexibility Index trend for Photon Energy N.V. across 15 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Photon Energy N.V..

Annual Financial Flexibility Index for Photon Energy N.V. (2011–2025)

Year-by-year free cash flow to debt coverage for Photon Energy N.V.. Explore debt repayment capacity of Photon Energy N.V. to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (PLN) Operating CF Total Liabilities YoY Change
2025 0.13x zł28.03 Million zł20.57 Million zł218.56 Million ▲ +28.1%
2024 0.10x zł21.29 Million zł14.32 Million zł212.77 Million ▼ -31.8%
2023 0.15x zł30.50 Million zł7.21 Million zł207.92 Million ▼ -11.6%
2022 0.17x zł30.42 Million zł2.85 Million zł183.33 Million ▲ +62.2%
2021 0.10x zł14.84 Million zł6.22 Million zł145.08 Million ▼ -49.1%
2020 0.20x zł23.87 Million zł5.56 Million zł118.83 Million ▼ -16.2%
2019 0.24x zł24.08 Million zł6.54 Million zł100.42 Million ▲ +6.7%
2018 0.22x zł17.21 Million zł7.65 Million zł76.57 Million ▲ +17.2%
2017 0.19x zł12.21 Million zł2.66 Million zł63.71 Million ▲ +492.9%
2016 0.03x zł2.04 Million zł2.04 Million zł62.95 Million ▼ -45.2%
2015 0.06x zł3.62 Million zł3.62 Million zł61.41 Million ▲ +121.2%
2014 0.03x zł1.74 Million zł1.74 Million zł65.36 Million ▲ +106.7%
2013 -0.40x zł-25.38 Million zł-25.38 Million zł63.94 Million ▼ -3702.4%
2012 0.01x zł1.11 Million zł-911.00K zł100.66 Million ▼ -95.1%
2011 0.22x zł19.03 Million zł-665.00K zł84.84 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities