Neogen Corporation (NEOG) — Financial Flexibility Index
Neogen Corporation (NEOG) has a Financial Flexibility Index of 0.06x as of May 2026. Free cash flow of $69.87 Million (operating CF $30.20 Million minus capex $39.67 Million) represents 0% of total liabilities ($1.25 Billion). Check NEOG capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Neogen Corporation Financial Flexibility Index (1992–2026)
Historical Financial Flexibility Index trend for Neogen Corporation across 35 annual periods. For the full cash flow conversion analysis, see Neogen Corporation operating cash flow efficiency.
Annual Financial Flexibility Index for Neogen Corporation (1992–2026)
Year-by-year free cash flow to debt coverage for Neogen Corporation. Explore how well can Neogen Corporation service its debt to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2026 | 0.11x | $134.50 Million | $83.20 Million | $1.25 Billion | ▼ -9.5% |
| 2025 | 0.12x | $162.84 Million | $58.24 Million | $1.37 Billion | ▲ +13.6% |
| 2024 | 0.10x | $146.69 Million | $35.26 Million | $1.40 Billion | ▲ +38.9% |
| 2023 | 0.08x | $106.78 Million | $41.03 Million | $1.42 Billion | ▼ -91.4% |
| 2022 | 0.88x | $92.47 Million | $68.04 Million | $105.56 Million | ▼ -35.1% |
| 2021 | 1.35x | $107.80 Million | $81.09 Million | $79.81 Million | ▼ -11.5% |
| 2020 | 1.53x | $109.93 Million | $85.88 Million | $72.00 Million | ▲ +12.5% |
| 2019 | 1.36x | $78.50 Million | $63.84 Million | $57.84 Million | ▼ -12.9% |
| 2018 | 1.56x | $90.08 Million | $69.13 Million | $57.83 Million | ▲ +17.9% |
| 2017 | 1.32x | $74.85 Million | $60.27 Million | $56.65 Million | ▲ +26.8% |
| 2016 | 1.04x | $49.55 Million | $35.33 Million | $47.55 Million | ▼ -19.6% |
| 2015 | 1.30x | $53.41 Million | $43.79 Million | $41.22 Million | ▲ +52.2% |
| 2014 | 0.85x | $33.21 Million | $21.67 Million | $39.00 Million | ▼ -25.6% |
| 2013 | 1.15x | $35.46 Million | $26.56 Million | $30.96 Million | ▲ +7.4% |
| 2012 | 1.07x | $34.69 Million | $22.28 Million | $32.55 Million | ▼ -10.7% |
| 2011 | 1.19x | $36.64 Million | $28.84 Million | $30.68 Million | ▼ -2.9% |
| 2010 | 1.23x | $33.42 Million | $27.99 Million | $27.18 Million | ▲ +20.1% |
| 2009 | 1.02x | $13.82 Million | $10.98 Million | $13.50 Million | ▲ +49.6% |
| 2008 | 0.68x | $10.34 Million | $7.87 Million | $15.11 Million | ▼ -38.6% |
| 2007 | 1.11x | $14.86 Million | $10.16 Million | $13.34 Million | ▲ +76.3% |
| 2006 | 0.63x | $15.01 Million | $12.31 Million | $23.74 Million | ▼ -39.2% |
| 2005 | 1.04x | $9.41 Million | $6.72 Million | $9.05 Million | ▲ +57.2% |
| 2004 | 0.66x | $8.02 Million | $2.98 Million | $12.13 Million | ▼ -52.1% |
| 2003 | 1.38x | $9.16 Million | $6.70 Million | $6.63 Million | ▲ +17.7% |
| 2002 | 1.17x | $5.11 Million | $3.40 Million | $4.36 Million | ▲ +20.3% |
| 2001 | 0.98x | $3.60 Million | $2.50 Million | $3.69 Million | ▼ -35.1% |
| 2000 | 1.50x | $5.60 Million | $4.68 Million | $3.72 Million | ▼ -24.9% |
| 1999 | 2.00x | $4.60 Million | $3.70 Million | $2.30 Million | ▲ +71.4% |
| 1998 | 1.17x | $2.10 Million | $1.50 Million | $1.80 Million | ▼ -18.3% |
| 1997 | 1.43x | $3.00 Million | $2.30 Million | $2.10 Million | ▲ +85.7% |
| 1996 | 0.77x | $2.00 Million | $900.00K | $2.60 Million | ▲ +1976.9% |
| 1995 | 0.04x | $100.00K | $-500.00K | $2.70 Million | ▼ -97.3% |
| 1994 | 1.36x | $1.90 Million | $1.70 Million | $1.40 Million | ▲ +914.3% |
| 1993 | -0.17x | $-200.00K | $-400.00K | $1.20 Million | ▲ +60.0% |
| 1992 | -0.42x | $-500.00K | $-700.00K | $1.20 Million | — |