Aehr Test Systems (AEHR) — Financial Flexibility Index

Latest as of February 2026: -0.15x

Aehr Test Systems (AEHR) has a Financial Flexibility Index of -0.15x as of February 2026. Free cash flow of $-2.78 Million (operating CF $-2.85 Million minus capex $74.00K) represents 0% of total liabilities ($18.25 Million). Check Aehr Test Systems strategic capital allocation to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

-0.15x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-2.78 Million
Operating CF − Capex

Total Liabilities

$18.25 Million
USD

Capital Expenditures

$74.00K
USD

Aehr Test Systems Financial Flexibility Index (1997–2025)

Historical Financial Flexibility Index trend for Aehr Test Systems across 29 annual periods. See AEHR working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Aehr Test Systems (1997–2025)

Year-by-year free cash flow to debt coverage for Aehr Test Systems. For the full company profile including market capitalisation, see Aehr Test Systems market capitalisation.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 -0.09x $-2.41 Million $-7.40 Million $25.64 Million ▼ -161.2%
2024 0.15x $2.50 Million $1.76 Million $16.32 Million ▼ -69.6%
2023 0.50x $11.37 Million $10.01 Million $22.54 Million ▲ +197.3%
2022 0.17x $1.92 Million $1.51 Million $11.34 Million ▲ +170.1%
2021 -0.24x $-2.47 Million $-2.70 Million $10.22 Million ▲ +15.2%
2020 -0.29x $-1.86 Million $-2.02 Million $6.52 Million ▲ +69.4%
2019 -0.93x $-5.46 Million $-5.64 Million $5.85 Million ▼ -1298.3%
2018 -0.07x $-779.00K $-1.35 Million $11.67 Million ▲ +76.6%
2017 -0.29x $-4.02 Million $-4.50 Million $14.10 Million ▲ +42.8%
2016 -0.50x $-5.36 Million $-6.28 Million $10.77 Million ▼ -140.3%
2015 -0.21x $-2.14 Million $-2.26 Million $10.32 Million ▼ -301.7%
2014 -0.05x $-268.00K $-607.00K $5.20 Million ▼ -68.6%
2013 -0.03x $-183.00K $-310.00K $5.98 Million ▲ +96.7%
2012 -0.94x $-4.83 Million $-4.88 Million $5.16 Million ▲ +32.4%
2011 -1.38x $-4.13 Million $-4.14 Million $2.98 Million ▼ -233.3%
2010 1.04x $3.32 Million $3.25 Million $3.19 Million ▲ +141.3%
2009 -2.51x $-9.92 Million $-11.04 Million $3.95 Million ▼ -498.9%
2008 0.63x $4.68 Million $3.62 Million $7.43 Million ▲ +63186.8%
2007 0.00x $-6.00K $-1.11 Million $6.01 Million ▼ -100.4%
2006 0.27x $1.65 Million $1.50 Million $6.08 Million ▲ +148.5%
2005 -0.56x $-2.25 Million $-2.54 Million $4.02 Million ▼ -302.1%
2004 -0.14x $-641.00K $-800.00K $4.61 Million ▲ +88.6%
2003 -1.22x $-3.55 Million $-3.81 Million $2.90 Million ▼ -761.6%
2002 0.19x $728.00K $-226.00K $3.93 Million ▼ -21.8%
2001 0.24x $1.13 Million $1.01 Million $4.79 Million ▲ +133.1%
2000 -0.72x $-4.60 Million $-5.96 Million $6.42 Million ▼ -394.3%
1999 0.24x $1.10 Million $342.00K $4.51 Million ▲ +597.8%
1998 -0.05x $-349.00K $-664.00K $7.14 Million ▼ -119.4%
1997 0.25x $3.60 Million $3.00 Million $14.30 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities