Codexis Inc (CDXS) — Financial Flexibility Index

Latest as of September 2025: -0.09x

Codexis Inc (CDXS) has a Financial Flexibility Index of -0.09x as of September 2025. Free cash flow of $-7.52 Million (operating CF $-7.70 Million minus capex $182.00K) represents 0% of total liabilities ($85.42 Million). Check Codexis Inc investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

-0.09x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-7.52 Million
Operating CF − Capex

Total Liabilities

$85.42 Million
USD

Capital Expenditures

$182.00K
USD

Codexis Inc Financial Flexibility Index (2006–2024)

Historical Financial Flexibility Index trend for Codexis Inc across 19 annual periods. For the full cash flow conversion analysis, see Codexis Inc cash conversion from operations.

Annual Financial Flexibility Index for Codexis Inc (2006–2024)

Year-by-year free cash flow to debt coverage for Codexis Inc. Explore CDXS debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2024 -0.55x $-45.10 Million $-49.41 Million $82.08 Million ▲ +43.1%
2023 -0.97x $-48.22 Million $-52.64 Million $49.95 Million ▼ -620.4%
2022 0.19x $19.59 Million $11.28 Million $105.60 Million ▲ +3565.1%
2021 -0.01x $-439.00K $-14.27 Million $81.99 Million ▲ +97.8%
2020 -0.25x $-12.72 Million $-16.46 Million $51.54 Million ▼ -21.7%
2019 -0.20x $-8.83 Million $-12.56 Million $43.56 Million ▲ +60.7%
2018 -0.52x $-11.33 Million $-14.09 Million $21.98 Million ▼ -92.7%
2017 -0.27x $-7.78 Million $-8.76 Million $29.08 Million ▼ -144.2%
2016 -0.11x $-1.81 Million $-2.70 Million $16.55 Million ▼ -411.3%
2015 0.04x $766.00K $-433.00K $21.77 Million ▲ +23.2%
2014 0.03x $623.00K $321.00K $21.81 Million ▲ +102.3%
2013 -1.26x $-21.82 Million $-23.00 Million $17.36 Million ▼ -202.1%
2012 -0.42x $-8.96 Million $-11.89 Million $21.52 Million ▼ -235.0%
2011 0.31x $10.25 Million $-490.00K $33.23 Million ▼ -7.5%
2010 0.33x $11.31 Million $-16.38 Million $33.94 Million ▲ +882.1%
2009 0.03x $2.11 Million $-8.69 Million $62.20 Million ▲ +124.4%
2008 -0.14x $-27.78 Million $-36.32 Million $200.01 Million ▼ -1672.9%
2007 0.01x $1.77 Million $-6.47 Million $201.01 Million ▲ +107.2%
2006 -0.12x $-12.19 Million $-13.29 Million $99.42 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities