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). Check ANIK strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

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. See working capital to net assets of Anika Therapeutics Inc to evaluate short-term liquidity relative to the company's equity base.

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 ANIK company net worth.

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