Applied Opt (AAOI) — Financial Flexibility Index

Latest as of September 2025: 0.05x

Applied Opt (AAOI) has a Financial Flexibility Index of 0.05x as of September 2025. Free cash flow of $21.89 Million (operating CF $-28.46 Million minus capex $50.35 Million) represents 0% of total liabilities ($419.44 Million). Check cash flow reinvestment rate of Applied Opt to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.05x
Free Cash Flow / Total Liabilities

Free Cash Flow

$21.89 Million
Operating CF − Capex

Total Liabilities

$419.44 Million
USD

Capital Expenditures

$50.35 Million
USD

Applied Opt Financial Flexibility Index (2011–2024)

Historical Financial Flexibility Index trend for Applied Opt across 14 annual periods. For the full cash flow conversion analysis, see Applied Opt cash conversion from operations.

Annual Financial Flexibility Index for Applied Opt (2011–2024)

Year-by-year free cash flow to debt coverage for Applied Opt. Explore Applied Opt (AAOI) cash flow to debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2024 -0.08x $-26.12 Million $-69.53 Million $317.92 Million ▼ -924.0%
2023 0.01x $1.74 Million $-7.93 Million $174.32 Million ▲ +122.8%
2022 -0.04x $-9.79 Million $-14.02 Million $223.59 Million ▼ -789.0%
2021 0.00x $-984.00K $-11.64 Million $199.89 Million ▲ +95.9%
2020 -0.12x $-24.45 Million $-44.01 Million $202.91 Million ▼ -176.6%
2019 0.16x $30.36 Million $-1.75 Million $193.03 Million ▼ -76.3%
2018 0.66x $91.28 Million $14.03 Million $137.75 Million ▼ -48.7%
2017 1.29x $154.62 Million $84.28 Million $119.71 Million ▲ +14.5%
2016 1.13x $107.09 Million $57.10 Million $94.93 Million ▲ +187.9%
2015 0.39x $42.35 Million $-15.21 Million $108.08 Million ▼ -48.0%
2014 0.75x $51.71 Million $7.24 Million $68.66 Million ▲ +1039.6%
2013 0.07x $3.17 Million $-6.55 Million $47.98 Million ▼ -24.2%
2012 0.09x $3.03 Million $-358.00K $34.74 Million ▲ +232.9%
2011 -0.07x $-2.17 Million $-4.12 Million $33.05 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities