Novavax Inc (NVAX) — Cash Flow Quality Index

Latest as of December 2025: -2.25x

Novavax Inc (NVAX) has a Cash Flow Quality Index of -2.25x as of December 2025. Operating cash flow of $-39.48 Million is below net income of $17.53 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore NVAX debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-2.25x
Operating CF / Net Income

Operating Cash Flow

$-39.48 Million
USD

Net Income

$17.53 Million
USD

Data as of

Dec 2025
Most recent filing

Novavax Inc Cash Flow Quality Index (2025–2025)

Historical Cash Flow Quality Index for Novavax Inc across 1 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Novavax Inc.

Annual Cash Flow Quality Index for Novavax Inc (2025–2025)

Year-by-year earnings quality comparison for Novavax Inc.

Year Quality Index Operating CF (USD) Net Income YoY Change
2025 -0.56x $-244.63 Million $440.30 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.