Candel Therapeutics Inc (CADL) — Financial Flexibility Index

Latest as of March 2026: -0.27x

Candel Therapeutics Inc (CADL) has a Financial Flexibility Index of -0.27x as of March 2026. Free cash flow of $-17.36 Million (operating CF $-18.04 Million minus capex $675.00K) represents 0% of total liabilities ($63.89 Million). Check Candel Therapeutics Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.

Financial Flexibility Index

-0.27x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-17.36 Million
Operating CF − Capex

Total Liabilities

$63.89 Million
USD

Capital Expenditures

$675.00K
USD

Candel Therapeutics Inc Financial Flexibility Index (2019–2025)

Historical Financial Flexibility Index trend for Candel Therapeutics Inc across 7 annual periods. For the full cash flow conversion analysis, see Candel Therapeutics Inc cash flow conversion.

Annual Financial Flexibility Index for Candel Therapeutics Inc (2019–2025)

Year-by-year free cash flow to debt coverage for Candel Therapeutics Inc. Explore CADL 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 -0.51x $-37.72 Million $-38.31 Million $73.27 Million ▲ +22.7%
2024 -0.67x $-27.01 Million $-27.02 Million $40.54 Million ▲ +43.9%
2023 -1.19x $-33.79 Million $-34.24 Million $28.46 Million ▼ -21.4%
2022 -0.98x $-30.12 Million $-31.42 Million $30.80 Million ▼ -20.3%
2021 -0.81x $-20.38 Million $-22.22 Million $25.07 Million ▼ -562.1%
2020 -0.12x $-7.59 Million $-9.07 Million $61.84 Million ▼ -32.0%
2019 -0.09x $-5.02 Million $-5.18 Million $53.94 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities