Annexon Inc (ANNX) — Financial Flexibility Index

Latest as of March 2026: -0.80x

Annexon Inc (ANNX) has a Financial Flexibility Index of -0.80x as of March 2026. Free cash flow of $-46.80 Million (operating CF $-46.80 Million minus capex $0.00) represents -1% of total liabilities ($58.35 Million). Check Annexon Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Financial Flexibility Index

-0.80x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-46.80 Million
Operating CF − Capex

Total Liabilities

$58.35 Million
USD

Capital Expenditures

$0.00
USD

Annexon Inc Financial Flexibility Index (2017–2025)

Historical Financial Flexibility Index trend for Annexon Inc across 9 annual periods. For the full cash flow conversion analysis, see Annexon Inc (ANNX) cash flow conversion.

Annual Financial Flexibility Index for Annexon Inc (2017–2025)

Year-by-year free cash flow to debt coverage for Annexon Inc. Explore ANNX cash flow to debt 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 -2.82x $-186.22 Million $-186.36 Million $65.92 Million ▼ -36.4%
2024 -2.07x $-117.99 Million $-118.01 Million $56.97 Million ▲ +19.3%
2023 -2.57x $-120.95 Million $-121.14 Million $47.12 Million ▼ -26.0%
2022 -2.04x $-109.78 Million $-116.31 Million $53.90 Million ▼ -7.5%
2021 -1.89x $-104.46 Million $-106.11 Million $55.13 Million ▲ +58.0%
2020 -4.51x $-52.62 Million $-53.09 Million $11.67 Million ▼ -2.2%
2019 -4.41x $-28.09 Million $-28.36 Million $6.37 Million ▼ -163.8%
2018 -1.67x $-17.17 Million $-17.19 Million $10.27 Million ▼ -383.4%
2017 -0.35x $-18.69 Million $-19.26 Million $54.03 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities