Neogen Corporation (NEOG) — Financial Flexibility Index

Latest as of February 2026: 0.03x

Neogen Corporation (NEOG) has a Financial Flexibility Index of 0.03x as of February 2026. Free cash flow of $34.33 Million (operating CF $22.70 Million minus capex $11.63 Million) represents 0% of total liabilities ($1.26 Billion). Check NEOG strategic assets to equity 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

$34.33 Million
Operating CF − Capex

Total Liabilities

$1.26 Billion
USD

Capital Expenditures

$11.63 Million
USD

Neogen Corporation Financial Flexibility Index (1992–2025)

Historical Financial Flexibility Index trend for Neogen Corporation across 34 annual periods. See Neogen Corporation short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Neogen Corporation (1992–2025)

Year-by-year free cash flow to debt coverage for Neogen Corporation. For the full company profile including market capitalisation, see market value of Neogen Corporation.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities