IO Biotech Inc (IOBT) — Financial Flexibility Index

Latest as of September 2025: -0.47x

IO Biotech Inc (IOBT) has a Financial Flexibility Index of -0.47x as of September 2025. Free cash flow of $-18.47 Million (operating CF $-18.48 Million minus capex $4.00K) represents 0% of total liabilities ($39.05 Million). Check IOBT strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

-0.47x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-18.47 Million
Operating CF − Capex

Total Liabilities

$39.05 Million
USD

Capital Expenditures

$4.00K
USD

IO Biotech Inc Financial Flexibility Index (2019–2024)

Historical Financial Flexibility Index trend for IO Biotech Inc across 6 annual periods. See IOBT net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for IO Biotech Inc (2019–2024)

Year-by-year free cash flow to debt coverage for IO Biotech Inc. For the full company profile including market capitalisation, see IO Biotech Inc (IOBT) market capitalisation.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2024 -3.98x $-82.30 Million $-82.35 Million $20.68 Million ▲ +2.2%
2023 -4.07x $-71.41 Million $-71.74 Million $17.56 Million ▲ +10.8%
2022 -4.56x $-59.04 Million $-59.73 Million $12.95 Million ▼ -16.7%
2021 -3.91x $-40.49 Million $-40.65 Million $10.36 Million ▼ -21.6%
2020 -3.21x $-9.80 Million $-9.96 Million $3.05 Million ▼ -300.7%
2019 -0.80x $-8.74 Million $-8.89 Million $10.89 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities