Grupa Azoty Zaklady Azotowe Pulawy SA (ZAP) — Financial Flexibility Index

Latest as of March 2026: 0.19x

Grupa Azoty Zaklady Azotowe Pulawy SA (ZAP) has a Financial Flexibility Index of 0.19x as of March 2026. Free cash flow of zł778.66 Million (operating CF zł750.27 Million minus capex zł28.39 Million) represents 0% of total liabilities (zł4.11 Billion). Check Grupa Azoty Zaklady Azotowe Pulawy SA total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.19x
Free Cash Flow / Total Liabilities

Free Cash Flow

zł778.66 Million
Operating CF − Capex

Total Liabilities

zł4.11 Billion
PLN

Capital Expenditures

zł28.39 Million
PLN

Grupa Azoty Zaklady Azotowe Pulawy SA Financial Flexibility Index (2004–2025)

Historical Financial Flexibility Index trend for Grupa Azoty Zaklady Azotowe Pulawy SA across 22 annual periods. For the full cash flow conversion analysis, see Grupa Azoty Zaklady Azotowe Pulawy SA cash conversion from operations.

Annual Financial Flexibility Index for Grupa Azoty Zaklady Azotowe Pulawy SA (2004–2025)

Year-by-year free cash flow to debt coverage for Grupa Azoty Zaklady Azotowe Pulawy SA. Explore Grupa Azoty Zaklady Azotowe Pulawy SA cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (PLN) Operating CF Total Liabilities YoY Change
2025 0.93x zł3.13 Billion zł3.00 Billion zł3.36 Billion ▲ +21.9%
2024 0.76x zł2.74 Billion zł2.49 Billion zł3.58 Billion ▼ -9.1%
2023 0.84x zł3.00 Billion zł2.49 Billion zł3.57 Billion ▲ +5.3%
2022 0.80x zł2.75 Billion zł2.29 Billion zł3.45 Billion ▼ -12.2%
2021 0.91x zł3.21 Billion zł2.17 Billion zł3.53 Billion ▲ +44.0%
2020 0.63x zł1.23 Billion zł610.15 Million zł1.94 Billion ▼ -10.0%
2019 0.70x zł1.12 Billion zł675.80 Million zł1.60 Billion ▲ +0.7%
2018 0.70x zł841.36 Million zł363.43 Million zł1.21 Billion ▼ -19.7%
2017 0.87x zł923.14 Million zł519.31 Million zł1.06 Billion ▼ -0.8%
2016 0.87x zł785.96 Million zł529.80 Million zł899.32 Million ▼ -24.8%
2015 1.16x zł948.91 Million zł688.99 Million zł816.23 Million ▲ +63.7%
2014 0.71x zł578.42 Million zł316.27 Million zł814.33 Million ▼ -9.4%
2013 0.78x zł583.18 Million zł311.52 Million zł743.54 Million ▼ -27.8%
2012 1.09x zł805.05 Million zł461.27 Million zł741.30 Million ▼ -27.0%
2011 1.49x zł1.13 Billion zł820.35 Million zł758.00 Million ▼ -2.7%
2010 1.53x zł874.57 Million zł498.87 Million zł572.18 Million ▲ +69.7%
2009 0.90x zł355.34 Million zł10.65 Million zł394.46 Million ▼ -13.4%
2008 1.04x zł444.51 Million zł292.96 Million zł427.50 Million ▼ -0.8%
2007 1.05x zł467.28 Million zł320.07 Million zł445.88 Million ▲ +1.1%
2006 1.04x zł443.46 Million zł335.98 Million zł427.65 Million ▲ +81.0%
2005 0.57x zł243.28 Million zł156.41 Million zł424.65 Million ▼ -5.5%
2004 0.61x zł279.56 Million zł197.92 Million zł461.36 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities