Codexis Inc (CDXS) — Cash Flow-to-Debt Ratio
Codexis Inc (CDXS) has a Cash Flow-to-Debt Ratio of -0.09x as of September 2025, meaning its operating cash flow of $-7.70 Million could theoretically repay 0% of its total liabilities ($85.42 Million) in one year. See CDXS financial flexibility index to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Codexis Inc Cash Flow-to-Debt Ratio (2006–2024)
Historical debt coverage capacity for Codexis Inc across 19 annual periods. For the full cash flow conversion analysis, see how efficiently does Codexis Inc generate cash.
Annual Cash Flow-to-Debt Ratio for Codexis Inc (2006–2024)
Year-by-year debt coverage analysis for Codexis Inc. Check cash flow quality index of Codexis Inc to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | -0.60x | $-49.41 Million | $82.08 Million | ▲ +42.9% |
| 2023 | -1.05x | $-52.64 Million | $49.95 Million | ▼ -1086.2% |
| 2022 | 0.11x | $11.28 Million | $105.60 Million | ▲ +161.4% |
| 2021 | -0.17x | $-14.27 Million | $81.99 Million | ▲ +45.5% |
| 2020 | -0.32x | $-16.46 Million | $51.54 Million | ▼ -10.8% |
| 2019 | -0.29x | $-12.56 Million | $43.56 Million | ▲ +55.0% |
| 2018 | -0.64x | $-14.09 Million | $21.98 Million | ▼ -112.8% |
| 2017 | -0.30x | $-8.76 Million | $29.08 Million | ▼ -84.6% |
| 2016 | -0.16x | $-2.70 Million | $16.55 Million | ▼ -720.5% |
| 2015 | -0.02x | $-433.00K | $21.77 Million | ▼ -235.2% |
| 2014 | 0.01x | $321.00K | $21.81 Million | ▲ +101.1% |
| 2013 | -1.32x | $-23.00 Million | $17.36 Million | ▼ -139.8% |
| 2012 | -0.55x | $-11.89 Million | $21.52 Million | ▼ -3646.9% |
| 2011 | -0.01x | $-490.00K | $33.23 Million | ▲ +96.9% |
| 2010 | -0.48x | $-16.38 Million | $33.94 Million | ▼ -245.7% |
| 2009 | -0.14x | $-8.69 Million | $62.20 Million | ▲ +23.1% |
| 2008 | -0.18x | $-36.32 Million | $200.01 Million | ▼ -464.1% |
| 2007 | -0.03x | $-6.47 Million | $201.01 Million | ▲ +75.9% |
| 2006 | -0.13x | $-13.29 Million | $99.42 Million | — |