Vaxart Inc (VXRT) — Cash Flow-to-Debt Ratio
Vaxart Inc (VXRT) has a Cash Flow-to-Debt Ratio of -0.02x as of March 2026, meaning its operating cash flow of $-2.05 Million could theoretically repay 0% of its total liabilities ($85.94 Million) in one year. See VXRT 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
Vaxart Inc Cash Flow-to-Debt Ratio (1985–2025)
Historical debt coverage capacity for Vaxart Inc across 40 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Vaxart Inc.
Annual Cash Flow-to-Debt Ratio for Vaxart Inc (1985–2025)
Year-by-year debt coverage analysis for Vaxart Inc. Check Vaxart Inc cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.08x | $7.71 Million | $98.28 Million | ▲ +118.8% |
| 2024 | -0.42x | $-44.76 Million | $107.46 Million | ▲ +79.9% |
| 2023 | -2.07x | $-70.45 Million | $34.02 Million | ▲ +5.5% |
| 2022 | -2.19x | $-94.78 Million | $43.25 Million | ▼ -23.2% |
| 2021 | -1.78x | $-59.83 Million | $33.64 Million | ▼ -118.5% |
| 2020 | -0.81x | $-23.75 Million | $29.18 Million | ▼ -49.7% |
| 2019 | -0.54x | $-13.09 Million | $24.08 Million | ▲ +10.4% |
| 2018 | -0.61x | $-14.55 Million | $23.99 Million | ▼ -29.3% |
| 2017 | -0.47x | $-10.04 Million | $21.40 Million | ▲ +11.8% |
| 2016 | -0.53x | $-14.10 Million | $26.50 Million | ▲ +45.1% |
| 2015 | -0.97x | $-9.60 Million | $9.90 Million | ▼ -696.3% |
| 2014 | -0.12x | $-3.30 Million | $27.10 Million | ▲ +84.4% |
| 2013 | -0.78x | $-13.90 Million | $17.80 Million | ▲ +9.6% |
| 2012 | -0.86x | $-13.90 Million | $16.10 Million | ▼ -122.6% |
| 2011 | -0.39x | $-15.17 Million | $39.09 Million | ▼ -151.8% |
| 2010 | 0.75x | $39.93 Million | $53.30 Million | ▲ +308.6% |
| 2009 | 0.18x | $6.22 Million | $33.91 Million | ▲ +122.2% |
| 2008 | -0.83x | $-18.90 Million | $22.84 Million | ▼ -184.8% |
| 2007 | -0.29x | $-26.74 Million | $92.04 Million | ▼ -2.2% |
| 2006 | -0.28x | $-43.91 Million | $154.49 Million | ▲ +46.9% |
| 2005 | -0.54x | $-89.71 Million | $167.51 Million | ▼ -613.9% |
| 2004 | 0.10x | $8.74 Million | $83.85 Million | ▼ -6.1% |
| 2003 | 0.11x | $7.54 Million | $67.98 Million | ▼ -55.5% |
| 2002 | 0.25x | $10.92 Million | $43.79 Million | ▲ +27.6% |
| 2001 | 0.20x | $24.05 Million | $123.10 Million | ▲ +192.9% |
| 2000 | 0.07x | $9.81 Million | $147.09 Million | ▼ -55.2% |
| 1999 | 0.15x | $23.30 Million | $156.40 Million | ▲ +34.3% |
| 1998 | 0.11x | $18.20 Million | $164.10 Million | ▲ +165.1% |
| 1997 | -0.17x | $-25.60 Million | $150.20 Million | ▼ -418.9% |
| 1996 | 0.05x | $6.20 Million | $116.00 Million | ▼ -40.9% |
| 1995 | 0.09x | $6.20 Million | $68.60 Million | ▲ +859.2% |
| 1994 | -0.01x | $-500.00K | $42.00 Million | ▼ -113.8% |
| 1993 | 0.09x | $3.00 Million | $34.90 Million | ▼ -0.4% |
| 1992 | 0.09x | $2.90 Million | $33.60 Million | ▲ +596.3% |
| 1991 | -0.02x | $-200.00K | $11.50 Million | ▼ -140.3% |
| 1990 | 0.04x | $500.00K | $11.60 Million | ▼ -77.4% |
| 1989 | 0.19x | $2.80 Million | $14.70 Million | ▲ +1100.0% |
| 1988 | 0.02x | $200.00K | $12.60 Million | ▼ -85.5% |
| 1986 | 0.11x | $800.00K | $7.30 Million | ▼ -20.0% |
| 1985 | 0.14x | $1.00 Million | $7.30 Million | — |