Adagene Inc (ADAG) — Cash Flow-to-Debt Ratio
Latest as of March 2026:
-0.11x
Adagene Inc (ADAG) has a Cash Flow-to-Debt Ratio of -0.11x as of March 2026, meaning its operating cash flow of $-4.55 Million could theoretically repay 0% of its total liabilities ($42.91 Million) in one year. See Adagene Inc free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
-0.11x
Operating CF / Total Liabilities
Operating Cash Flow
$-4.55 Million
USD
Total Liabilities
$42.91 Million
USD
Data as of
Mar 2026
Most recent filing
Adagene Inc Cash Flow-to-Debt Ratio (2018–2025)
Historical debt coverage capacity for Adagene Inc across 8 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Adagene Inc.
Annual Cash Flow-to-Debt Ratio for Adagene Inc (2018–2025)
Year-by-year debt coverage analysis for Adagene Inc.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | -0.36x | $-15.66 Million | $42.91 Million | ▲ +52.4% |
| 2024 | -0.77x | $-29.70 Million | $38.74 Million | ▼ -21.7% |
| 2023 | -0.63x | $-28.45 Million | $45.17 Million | ▲ +10.2% |
| 2022 | -0.70x | $-48.61 Million | $69.31 Million | ▲ +46.8% |
| 2021 | -1.32x | $-43.41 Million | $32.95 Million | ▼ -701.9% |
| 2020 | -0.16x | $-28.53 Million | $173.65 Million | ▼ -47.4% |
| 2019 | -0.11x | $-18.15 Million | $162.90 Million | ▲ +25.4% |
| 2018 | -0.15x | $-14.26 Million | $95.44 Million | — |
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.