Connect Biopharma Holdings Ltd (CNTB) — Financial Flexibility Index

Latest as of March 2026: -0.92x

Connect Biopharma Holdings Ltd (CNTB) has a Financial Flexibility Index of -0.92x as of March 2026. Free cash flow of $-16.00 Million (operating CF $-16.00 Million minus capex $0.00) represents -1% of total liabilities ($17.44 Million). Check CNTB goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Financial Flexibility Index

-0.92x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-16.00 Million
Operating CF − Capex

Total Liabilities

$17.44 Million
USD

Capital Expenditures

$0.00
USD

Connect Biopharma Holdings Ltd Financial Flexibility Index (2018–2025)

Historical Financial Flexibility Index trend for Connect Biopharma Holdings Ltd across 8 annual periods. For the full cash flow conversion analysis, see CNTB operating cash flow.

Annual Financial Flexibility Index for Connect Biopharma Holdings Ltd (2018–2025)

Year-by-year free cash flow to debt coverage for Connect Biopharma Holdings Ltd. Explore CNTB operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 -3.60x $-50.77 Million $-51.21 Million $14.10 Million ▼ -43.7%
2024 -2.51x $-22.86 Million $-23.61 Million $9.12 Million ▼ -36.2%
2023 -1.84x $-47.64 Million $-47.93 Million $25.88 Million ▲ +68.0%
2022 -5.75x $-94.99 Million $-99.27 Million $16.52 Million ▲ +78.3%
2021 -26.46x $-497.40 Million $-544.93 Million $18.80 Million ▼ -5527.8%
2020 -0.47x $-23.26 Million $-25.61 Million $49.47 Million ▲ +49.4%
2019 -0.93x $-12.94 Million $-13.09 Million $13.91 Million ▼ -21.6%
2018 -0.76x $-67.84 Million $-69.03 Million $88.70 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities