Bavarian Nordic (BAVA) — Financial Flexibility Index

Latest as of December 2025: 0.31x

Bavarian Nordic (BAVA) has a Financial Flexibility Index of 0.31x as of December 2025. Free cash flow of Dkr644.17 Million (operating CF Dkr545.05 Million minus capex Dkr99.12 Million) represents 0% of total liabilities (Dkr2.08 Billion). Also explore Bavarian Nordic net asset momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.31x
Free Cash Flow / Total Liabilities

Free Cash Flow

Dkr644.17 Million
Operating CF − Capex

Total Liabilities

Dkr2.08 Billion
DKK

Capital Expenditures

Dkr99.12 Million
DKK

Bavarian Nordic Financial Flexibility Index (2001–2025)

Historical Financial Flexibility Index trend for Bavarian Nordic across 25 annual periods. Check strategic asset allocation of Bavarian Nordic to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Bavarian Nordic (2001–2025)

Year-by-year free cash flow to debt coverage for Bavarian Nordic. For the full company profile including market capitalisation, see BAVA company net worth.

Year Flexibility Index Free Cash Flow (DKK) Operating CF Total Liabilities YoY Change
2025 1.40x Dkr2.93 Billion Dkr2.72 Billion Dkr2.08 Billion ▲ +15.7%
2024 1.21x Dkr3.64 Billion Dkr1.95 Billion Dkr3.00 Billion ▲ +132.3%
2023 0.52x Dkr2.10 Billion Dkr1.12 Billion Dkr4.01 Billion ▲ +71.0%
2022 0.31x Dkr1.60 Billion Dkr220.05 Million Dkr5.24 Billion ▲ +105.8%
2021 0.15x Dkr699.95 Million Dkr-358.50 Million Dkr4.71 Billion ▼ -55.1%
2020 0.33x Dkr1.28 Billion Dkr571.91 Million Dkr3.86 Billion ▼ -28.4%
2019 0.46x Dkr2.40 Billion Dkr-275.91 Million Dkr5.18 Billion ▲ +631.4%
2018 -0.09x Dkr-76.57 Million Dkr-288.53 Million Dkr880.31 Million ▼ -119.1%
2017 0.46x Dkr294.76 Million Dkr216.06 Million Dkr646.37 Million ▲ +2.4%
2016 0.45x Dkr359.12 Million Dkr267.60 Million Dkr806.46 Million ▲ +74.3%
2015 0.26x Dkr165.24 Million Dkr105.32 Million Dkr646.78 Million ▼ -63.5%
2014 0.70x Dkr444.74 Million Dkr338.75 Million Dkr635.17 Million ▲ +10.2%
2013 0.64x Dkr302.52 Million Dkr147.08 Million Dkr475.92 Million ▲ +425.1%
2012 0.12x Dkr65.31 Million Dkr20.10 Million Dkr539.50 Million ▲ +128.4%
2011 -0.43x Dkr-327.60 Million Dkr-375.24 Million Dkr768.99 Million ▼ -57.1%
2010 -0.27x Dkr-178.02 Million Dkr-239.86 Million Dkr656.69 Million ▲ +60.4%
2009 -0.68x Dkr-388.12 Million Dkr-484.14 Million Dkr566.89 Million ▼ -553.4%
2008 0.15x Dkr102.55 Million Dkr22.41 Million Dkr679.13 Million ▼ -58.1%
2007 0.36x Dkr185.43 Million Dkr163.16 Million Dkr514.39 Million ▲ +178.1%
2006 -0.46x Dkr-121.35 Million Dkr-194.49 Million Dkr263.02 Million ▼ -231.1%
2005 0.35x Dkr105.01 Million Dkr-58.21 Million Dkr298.46 Million ▼ -11.4%
2004 0.40x Dkr113.87 Million Dkr-76.63 Million Dkr286.71 Million ▲ +13385.1%
2003 0.00x Dkr242.00K Dkr209.27K Dkr82.17 Million ▲ +109.7%
2002 -0.03x Dkr-3.67 Million Dkr-13.71 Million Dkr121.26 Million ▲ +99.4%
2001 -4.93x Dkr-87.43 Million Dkr-93.12 Million Dkr17.73 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities