Alx Oncology Holdings  (ALXO) — Financial Flexibility Index

Latest as of June 2026: -0.65x

Alx Oncology Holdings  (ALXO) has a Financial Flexibility Index of -0.65x as of June 2026. Free cash flow of $-16.04 Million (operating CF $-16.06 Million minus capex $17.00K) represents -1% of total liabilities ($24.63 Million). Check ALXO tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Financial Flexibility Index

-0.65x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-16.04 Million
Operating CF − Capex

Total Liabilities

$24.63 Million
USD

Capital Expenditures

$17.00K
USD

Alx Oncology Holdings  Financial Flexibility Index (2018–2025)

Historical Financial Flexibility Index trend for Alx Oncology Holdings  across 8 annual periods. For the full cash flow conversion analysis, see ALXO operating cash flow.

Annual Financial Flexibility Index for Alx Oncology Holdings  (2018–2025)

Year-by-year free cash flow to debt coverage for Alx Oncology Holdings . Explore ALXO debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 -2.54x $-83.93 Million $-84.14 Million $33.06 Million ▲ +28.6%
2024 -3.56x $-121.47 Million $-121.91 Million $34.16 Million ▼ -45.6%
2023 -2.44x $-129.09 Million $-130.36 Million $52.84 Million ▼ -19.7%
2022 -2.04x $-87.80 Million $-89.22 Million $43.02 Million ▲ +44.7%
2021 -3.69x $-63.18 Million $-68.10 Million $17.13 Million ▲ +40.2%
2020 -6.16x $-38.26 Million $-38.29 Million $6.21 Million ▼ -385.6%
2019 -1.27x $-13.90 Million $-14.25 Million $10.95 Million ▲ +79.7%
2018 -6.24x $-12.54 Million $-13.19 Million $2.01 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities