Negative Free Cash Flow In 2025Negative free cash flow in the most recent year signals the company struggled to generate surplus cash after investments. Over months this can constrain discretionary spending, dividend sustainability, and force borrowing or asset sales to fund growth or working capital.
Weak Cash Conversion From ProfitA negative operating cash flow to net income ratio shows reported earnings are not translating into cash. Structurally poor cash conversion raises concerns about receivables, contract timing or working capital strain that can persist and impair liquidity or margin realization.
Decline In Cash And Potential Liquidity PressureThe reported drop in cash balances, despite a strong equity base, heightens short-term liquidity risk if negative cash trends continue. Over a multi-month horizon this can limit operational flexibility, increase reliance on credit, and elevate vulnerability to project timing shocks.