Havanna Holding SA (HAVA) — Free Cash Flow Generation Index

Latest as of December 2025: 0.46x

Havanna Holding SA (HAVA) has a Free Cash Flow Generation Index of 0.46x as of December 2025. Free cash flow of AR$2.34 Billion represents 0% of operating cash flow (AR$5.08 Billion). Explore Havanna Holding SA capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.46x
Free Cash Flow / Operating CF

Free Cash Flow

AR$2.34 Billion
ARS

Operating Cash Flow

AR$5.08 Billion
ARS

Capital Expenditures

AR$2.74 Billion
ARS

Havanna Holding SA Free Cash Flow Generation Index (2015–2025)

Historical FCF Generation Index trend for Havanna Holding SA across 11 annual periods. For the full cash flow conversion analysis, see HAVA operating cash flow.

Annual Free Cash Flow Generation for Havanna Holding SA (2015–2025)

Year-by-year Free Cash Flow Generation Index for Havanna Holding SA. Check cash flow reinvestment rate of Havanna Holding SA to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (ARS) Operating CF Capital Expenditures YoY Change
2025 0.26x AR$3.52 Billion AR$13.47 Billion AR$9.95 Billion ▼ -52.9%
2024 0.55x AR$18.71 Billion AR$33.76 Billion AR$15.04 Billion ▲ +5.6%
2023 0.52x AR$11.55 Billion AR$22.01 Billion AR$10.46 Billion ▼ -24.4%
2022 0.69x AR$2.71 Billion AR$3.90 Billion AR$1.19 Billion ▼ -17.3%
2021 0.84x AR$1.25 Billion AR$1.49 Billion AR$228.65 Million ▲ +89.9%
2020 0.44x AR$113.46 Million AR$256.39 Million AR$83.66 Million ▲ +69.6%
2019 0.26x AR$210.12 Million AR$805.13 Million AR$511.96 Million ▼ -43.7%
2018 0.46x AR$132.90 Million AR$286.95 Million AR$171.41 Million ▲ +24.8%
2017 0.37x AR$94.68 Million AR$255.07 Million AR$109.81 Million ▼ -79.3%
2016 1.80x AR$130.01 Million AR$72.39 Million AR$57.62 Million ▼ -2.1%
2015 1.83x AR$155.83 Million AR$84.96 Million AR$70.87 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).