Carlsmed, Inc. (CARL) — Cash Flow-to-Debt Ratio
Latest as of June 2026:
-0.22x
Carlsmed, Inc. (CARL) has a Cash Flow-to-Debt Ratio of -0.22x as of June 2026, meaning its operating cash flow of $-7.36 Million could theoretically repay 0% of its total liabilities ($33.96 Million) in one year. See Carlsmed, Inc. financial flexibility index to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
-0.22x
Operating CF / Total Liabilities
Operating Cash Flow
$-7.36 Million
USD
Total Liabilities
$33.96 Million
USD
Data as of
Jun 2026
Most recent filing
Carlsmed, Inc. Cash Flow-to-Debt Ratio (2023–2025)
Historical debt coverage capacity for Carlsmed, Inc. across 3 annual periods. For the full cash flow conversion analysis, see Carlsmed, Inc. cash conversion from operations.
Annual Cash Flow-to-Debt Ratio for Carlsmed, Inc. (2023–2025)
Year-by-year debt coverage analysis for Carlsmed, Inc..
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | -0.93x | $-28.98 Million | $31.25 Million | ▼ -345.9% |
| 2024 | -0.21x | $-25.47 Million | $122.45 Million | ▲ +28.4% |
| 2023 | -0.29x | $-17.48 Million | $60.15 Million | — |
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.