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 AAOI capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

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. See Applied Opt (AAOI) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

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

Year-by-year free cash flow to debt coverage for Applied Opt. For the full company profile including market capitalisation, see Applied Opt (AAOI) total market value.

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