Moderna Inc (MRNA) — Financial Flexibility Index

Latest as of March 2026: -0.14x

Moderna Inc (MRNA) has a Financial Flexibility Index of -0.14x as of March 2026. Free cash flow of $-568.00 Million (operating CF $-630.00 Million minus capex $62.00 Million) represents 0% of total liabilities ($4.08 Billion). Also explore Moderna Inc annual equity growth to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

-0.14x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-568.00 Million
Operating CF − Capex

Total Liabilities

$4.08 Billion
USD

Capital Expenditures

$62.00 Million
USD

Moderna Inc Financial Flexibility Index (2014–2025)

Historical Financial Flexibility Index trend for Moderna Inc across 12 annual periods. Check how strategically is Moderna Inc's equity deployed to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Moderna Inc (2014–2025)

Year-by-year free cash flow to debt coverage for Moderna Inc. For the full company profile including market capitalisation, see Moderna Inc market capitalisation.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 -0.46x $-1.68 Billion $-1.87 Billion $3.69 Billion ▲ +24.4%
2024 -0.60x $-1.95 Billion $-3.00 Billion $3.24 Billion ▼ -14.3%
2023 -0.53x $-2.41 Billion $-3.12 Billion $4.57 Billion ▼ -166.0%
2022 0.80x $5.38 Billion $4.98 Billion $6.74 Billion ▼ -39.5%
2021 1.32x $13.90 Billion $13.62 Billion $10.52 Billion ▲ +201.3%
2020 0.44x $2.09 Billion $2.03 Billion $4.78 Billion ▲ +142.5%
2019 -1.03x $-427.41 Million $-458.97 Million $414.61 Million ▼ -97.8%
2018 -0.52x $-225.10 Million $-330.87 Million $431.91 Million ▲ +12.4%
2017 -0.59x $-273.08 Million $-331.48 Million $459.19 Million ▼ -442.6%
2016 0.17x $99.88 Million $66.73 Million $575.31 Million ▲ +104.0%
2015 -4.30x $-738.15K $-738.15K $171.66K ▼ -1122.5%
2014 -0.35x $-4.78 Million $-4.78 Million $13.59 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities