Aerovate Therapeutics Inc (AVTE) — Financial Flexibility Index

Latest as of March 2025: -0.96x

Aerovate Therapeutics Inc (AVTE) has a Financial Flexibility Index of -0.96x as of March 2025. Free cash flow of $-2.38 Million (operating CF $-2.38 Million minus capex $0.00) represents -1% of total liabilities ($2.49 Million). Check Aerovate Therapeutics Inc (AVTE) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Financial Flexibility Index

-0.96x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-2.38 Million
Operating CF − Capex

Total Liabilities

$2.49 Million
USD

Capital Expenditures

$0.00
USD

Aerovate Therapeutics Inc Financial Flexibility Index (2019–2024)

Historical Financial Flexibility Index trend for Aerovate Therapeutics Inc across 6 annual periods. For the full cash flow conversion analysis, see Aerovate Therapeutics Inc cash conversion from operations.

Annual Financial Flexibility Index for Aerovate Therapeutics Inc (2019–2024)

Year-by-year free cash flow to debt coverage for Aerovate Therapeutics Inc. Explore debt repayment capacity of Aerovate Therapeutics Inc to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2024 -18.26x $-71.20 Million $-71.20 Million $3.90 Million ▼ -479.3%
2023 -3.15x $-56.64 Million $-56.78 Million $17.96 Million ▲ +30.7%
2022 -4.55x $-38.93 Million $-39.12 Million $8.56 Million ▲ +50.8%
2021 -9.24x $-27.22 Million $-27.40 Million $2.94 Million ▼ -2073.8%
2020 -0.43x $-7.68 Million $-7.86 Million $18.06 Million ▼ -17.0%
2019 -0.36x $-2.60 Million $-2.78 Million $7.16 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities