Onward Medical N.V. (ONWD) — Financial Flexibility Index

Latest as of December 2025: -0.69x

Onward Medical N.V. (ONWD) has a Financial Flexibility Index of -0.69x as of December 2025. Free cash flow of €-20.04 Million (operating CF €-20.25 Million minus capex €210.00K) represents -1% of total liabilities (€29.24 Million). Check Onward Medical N.V. tangible equity quality to evaluate the tangible quality of the company's equity base.

Financial Flexibility Index

-0.69x
Free Cash Flow / Total Liabilities

Free Cash Flow

€-20.04 Million
Operating CF − Capex

Total Liabilities

€29.24 Million
EUR

Capital Expenditures

€210.00K
EUR

Onward Medical N.V. Financial Flexibility Index (2018–2025)

Historical Financial Flexibility Index trend for Onward Medical N.V. across 8 annual periods. For the full cash flow conversion analysis, see Onward Medical N.V. cash conversion from operations.

Annual Financial Flexibility Index for Onward Medical N.V. (2018–2025)

Year-by-year free cash flow to debt coverage for Onward Medical N.V.. Explore debt repayment capacity of Onward Medical N.V. to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2025 -1.32x €-38.63 Million €-39.07 Million €29.24 Million ▼ -24.2%
2024 -1.06x €-31.61 Million €-31.76 Million €29.71 Million ▲ +14.2%
2023 -1.24x €-31.85 Million €-32.27 Million €25.70 Million ▼ -13.1%
2022 -1.10x €-26.27 Million €-26.68 Million €23.96 Million ▼ -38.1%
2021 -0.79x €-17.55 Million €-19.87 Million €22.11 Million ▼ -188.6%
2020 -0.27x €-12.73 Million €-12.90 Million €46.28 Million ▼ -8.3%
2019 -0.25x €-9.72 Million €-9.85 Million €38.27 Million ▲ +28.6%
2018 -0.36x €-7.05 Million €-7.16 Million €19.83 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities