Mersana Therapeutics Inc (MRSN) — Financial Flexibility Index

Latest as of September 2025: -0.03x

Mersana Therapeutics Inc (MRSN) has a Financial Flexibility Index of -0.03x as of September 2025. Free cash flow of $-3.19 Million (operating CF $-3.19 Million minus capex $0.00) represents 0% of total liabilities ($122.22 Million). Check MRSN PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

-0.03x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-3.19 Million
Operating CF − Capex

Total Liabilities

$122.22 Million
USD

Capital Expenditures

$0.00
USD

Mersana Therapeutics Inc Financial Flexibility Index (2015–2024)

Historical Financial Flexibility Index trend for Mersana Therapeutics Inc across 10 annual periods. See Mersana Therapeutics Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Mersana Therapeutics Inc (2015–2024)

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

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2024 -0.53x $-82.21 Million $-82.34 Million $154.17 Million ▲ +39.5%
2023 -0.88x $-166.71 Million $-168.88 Million $189.16 Million ▼ -352.7%
2022 -0.19x $-47.17 Million $-49.36 Million $242.28 Million ▲ +88.2%
2021 -1.65x $-139.34 Million $-139.99 Million $84.37 Million ▼ -0.8%
2020 -1.64x $-74.22 Million $-74.70 Million $45.31 Million ▲ +28.7%
2019 -2.30x $-67.14 Million $-67.74 Million $29.22 Million ▼ -197.4%
2018 -0.77x $-53.85 Million $-55.22 Million $69.71 Million ▼ -12.9%
2017 -0.68x $-41.54 Million $-42.68 Million $60.72 Million ▼ -436.5%
2016 0.20x $32.67 Million $31.59 Million $160.71 Million ▲ +228.7%
2015 -0.16x $-9.02 Million $-9.64 Million $57.10 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities