Avinger Inc (AVGR) — Financial Flexibility Index
Avinger Inc (AVGR) has a Financial Flexibility Index of -0.29x as of September 2024. Free cash flow of $-2.86 Million (operating CF $-2.86 Million minus capex $0.00) represents 0% of total liabilities ($9.73 Million). Check AVGR tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Avinger Inc Financial Flexibility Index (2012–2023)
Historical Financial Flexibility Index trend for Avinger Inc across 12 annual periods. For the full cash flow conversion analysis, see Avinger Inc cash conversion from operations.
Annual Financial Flexibility Index for Avinger Inc (2012–2023)
Year-by-year free cash flow to debt coverage for Avinger Inc. Explore Avinger Inc 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 |
|---|---|---|---|---|---|
| 2023 | -0.72x | $-14.42 Million | $-14.43 Million | $19.97 Million | ▲ +13.3% |
| 2022 | -0.83x | $-16.71 Million | $-16.76 Million | $20.05 Million | ▼ -5.2% |
| 2021 | -0.79x | $-15.66 Million | $-15.70 Million | $19.76 Million | ▼ -8.0% |
| 2020 | -0.73x | $-14.77 Million | $-14.84 Million | $20.12 Million | ▲ +27.6% |
| 2019 | -1.01x | $-17.18 Million | $-17.26 Million | $16.93 Million | ▲ +21.6% |
| 2018 | -1.29x | $-18.43 Million | $-18.47 Million | $14.24 Million | ▼ -90.9% |
| 2017 | -0.68x | $-34.43 Million | $-34.48 Million | $50.78 Million | ▲ +35.8% |
| 2016 | -1.06x | $-52.10 Million | $-53.07 Million | $49.32 Million | ▼ -0.9% |
| 2015 | -1.05x | $-40.31 Million | $-40.88 Million | $38.52 Million | ▼ -713.9% |
| 2014 | -0.13x | $-21.68 Million | $-21.80 Million | $168.65 Million | ▲ +55.9% |
| 2013 | -0.29x | $-40.16 Million | $-40.66 Million | $137.79 Million | ▲ +13.3% |
| 2012 | -0.34x | $-34.95 Million | $-35.23 Million | $103.97 Million | — |