Applovin Corp (APP) — Financial Flexibility Index

Latest as of March 2026: 0.24x

Applovin Corp (APP) has a Financial Flexibility Index of 0.24x as of March 2026. Free cash flow of $1.29 Billion (operating CF $1.29 Billion minus capex $0.00) represents 0% of total liabilities ($5.34 Billion). Check how strategically is Applovin Corp's equity deployed to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.24x
Free Cash Flow / Total Liabilities

Free Cash Flow

$1.29 Billion
Operating CF − Capex

Total Liabilities

$5.34 Billion
USD

Capital Expenditures

$0.00
USD

Applovin Corp Financial Flexibility Index (2018–2025)

Historical Financial Flexibility Index trend for Applovin Corp across 8 annual periods. See working capital to net assets of Applovin Corp to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Applovin Corp (2018–2025)

Year-by-year free cash flow to debt coverage for Applovin Corp. For the full company profile including market capitalisation, see Applovin Corp (APP) market capitalisation.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.78x $4.00 Billion $3.97 Billion $5.12 Billion ▲ +77.3%
2024 0.44x $2.10 Billion $2.10 Billion $4.78 Billion ▲ +69.5%
2023 0.26x $1.07 Billion $1.06 Billion $4.10 Billion ▲ +147.9%
2022 0.10x $413.44 Million $412.77 Million $3.95 Billion ▲ +14.8%
2021 0.09x $367.31 Million $361.85 Million $4.03 Billion ▼ -6.7%
2020 0.10x $226.12 Million $222.88 Million $2.31 Billion ▼ -29.3%
2019 0.14x $201.82 Million $198.46 Million $1.46 Billion ▼ -9.9%
2018 0.15x $140.43 Million $139.03 Million $915.21 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities