Anika Therapeutics Inc (ANIK) — Financial Flexibility Index

Latest as of March 2026: -0.08x

Anika Therapeutics Inc (ANIK) has a Financial Flexibility Index of -0.08x as of March 2026. Free cash flow of $-3.42 Million (operating CF $-4.85 Million minus capex $1.43 Million) represents 0% of total liabilities ($45.49 Million). Also explore how fast is Anika Therapeutics Inc growing its equity to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

-0.08x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-3.42 Million
Operating CF − Capex

Total Liabilities

$45.49 Million
USD

Capital Expenditures

$1.43 Million
USD

Anika Therapeutics Inc Financial Flexibility Index (1993–2025)

Historical Financial Flexibility Index trend for Anika Therapeutics Inc across 33 annual periods. Check Anika Therapeutics Inc strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Anika Therapeutics Inc (1993–2025)

Year-by-year free cash flow to debt coverage for Anika Therapeutics Inc. For the full company profile including market capitalisation, see Anika Therapeutics Inc (ANIK) total market value.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.38x $18.01 Million $11.19 Million $46.80 Million ▲ +42.8%
2024 0.27x $13.14 Million $5.40 Million $48.75 Million ▲ +332.2%
2023 0.06x $3.64 Million $-1.79 Million $58.37 Million ▼ -66.7%
2022 0.19x $11.89 Million $4.41 Million $63.56 Million ▼ -16.5%
2021 0.22x $13.54 Million $8.40 Million $60.45 Million ▲ +42.1%
2020 0.16x $14.69 Million $13.06 Million $93.20 Million ▼ -83.2%
2019 0.94x $39.83 Million $37.01 Million $42.33 Million ▼ -63.4%
2018 2.57x $39.57 Million $34.92 Million $15.38 Million ▼ -1.2%
2017 2.60x $49.79 Million $40.81 Million $19.13 Million ▲ +20.3%
2016 2.16x $37.81 Million $23.80 Million $17.47 Million ▲ +11.6%
2015 1.94x $48.29 Million $39.06 Million $24.90 Million ▼ -25.8%
2014 2.61x $41.53 Million $39.98 Million $15.90 Million ▲ +108.2%
2013 1.25x $25.61 Million $25.16 Million $20.41 Million ▲ +245.0%
2012 0.36x $12.05 Million $10.55 Million $33.14 Million ▲ +19.7%
2011 0.30x $11.57 Million $10.17 Million $38.08 Million ▲ +25.0%
2010 0.24x $10.64 Million $7.85 Million $43.75 Million ▲ +67.3%
2009 0.15x $7.06 Million $3.09 Million $48.56 Million ▼ -74.1%
2008 0.56x $19.65 Million $3.41 Million $35.06 Million ▼ -28.6%
2007 0.78x $19.25 Million $4.49 Million $24.54 Million ▲ +436.7%
2006 0.15x $3.31 Million $2.00 Million $22.63 Million ▼ -55.1%
2005 0.33x $8.05 Million $6.45 Million $24.73 Million ▼ -60.9%
2004 0.83x $24.30 Million $23.82 Million $29.18 Million ▲ +42.8%
2003 0.58x $2.27 Million $2.01 Million $3.89 Million ▲ +318.8%
2002 0.14x $420.95K $332.03K $3.02 Million ▲ +111.5%
2001 -1.21x $-3.41 Million $-4.31 Million $2.81 Million ▼ -99.2%
2000 -0.61x $-1.38 Million $-1.88 Million $2.27 Million ▼ -265.4%
1999 0.37x $2.50 Million $800.00K $6.80 Million ▼ -83.6%
1998 2.24x $5.60 Million $3.40 Million $2.50 Million ▲ +93.1%
1997 1.16x $2.90 Million $2.60 Million $2.50 Million ▲ +414.9%
1996 -0.37x $-700.00K $-1.10 Million $1.90 Million ▲ +42.1%
1995 -0.64x $-1.40 Million $-1.70 Million $2.20 Million ▲ +33.5%
1994 -0.96x $-2.20 Million $-2.40 Million $2.30 Million ▼ -408.2%
1993 0.31x $900.00K $-500.00K $2.90 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities