Adagene Inc (ADAG) — Financial Flexibility Index

Latest as of March 2026: -0.11x

Adagene Inc (ADAG) has a Financial Flexibility Index of -0.11x as of March 2026. Free cash flow of $-4.53 Million (operating CF $-4.55 Million minus capex $14.60K) represents 0% of total liabilities ($42.91 Million). Check how aggressively does Adagene Inc reinvest cash to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

-0.11x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-4.53 Million
Operating CF − Capex

Total Liabilities

$42.91 Million
USD

Capital Expenditures

$14.60K
USD

Adagene Inc Financial Flexibility Index (2018–2025)

Historical Financial Flexibility Index trend for Adagene Inc across 8 annual periods. For the full cash flow conversion analysis, see ADAG cash generation efficiency.

Annual Financial Flexibility Index for Adagene Inc (2018–2025)

Year-by-year free cash flow to debt coverage for Adagene Inc. Explore Adagene Inc (ADAG) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 -0.36x $-15.64 Million $-15.66 Million $42.91 Million ▲ +52.4%
2024 -0.77x $-29.67 Million $-29.70 Million $38.74 Million ▼ -21.9%
2023 -0.63x $-28.37 Million $-28.45 Million $45.17 Million ▲ +9.2%
2022 -0.69x $-47.92 Million $-48.61 Million $69.31 Million ▲ +44.3%
2021 -1.24x $-40.90 Million $-43.41 Million $32.95 Million ▼ -681.2%
2020 -0.16x $-27.59 Million $-28.53 Million $173.65 Million ▼ -43.8%
2019 -0.11x $-18.00 Million $-18.15 Million $162.90 Million ▲ +23.3%
2018 -0.14x $-13.75 Million $-14.26 Million $95.44 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities