Nektar Therapeutics (NKTR) — Financial Flexibility Index
Nektar Therapeutics (NKTR) has a Financial Flexibility Index of -0.39x as of June 2026. Free cash flow of $-75.66 Million (operating CF $-75.77 Million minus capex $112.00K) represents 0% of total liabilities ($192.01 Million). Check Nektar Therapeutics (NKTR) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Nektar Therapeutics Financial Flexibility Index (1994–2025)
Historical Financial Flexibility Index trend for Nektar Therapeutics across 32 annual periods. For the full cash flow conversion analysis, see NKTR cash flow conversion.
Annual Financial Flexibility Index for Nektar Therapeutics (1994–2025)
Year-by-year free cash flow to debt coverage for Nektar Therapeutics. Explore Nektar Therapeutics cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | -1.09x | $-208.34 Million | $-208.51 Million | $190.57 Million | ▼ -52.5% |
| 2024 | -0.72x | $-174.24 Million | $-175.71 Million | $243.11 Million | ▲ +0.2% |
| 2023 | -0.72x | $-191.74 Million | $-192.61 Million | $267.05 Million | ▲ +17.2% |
| 2022 | -0.87x | $-298.33 Million | $-304.01 Million | $343.96 Million | ▲ +4.5% |
| 2021 | -0.91x | $-397.67 Million | $-412.66 Million | $437.68 Million | ▼ -37.0% |
| 2020 | -0.66x | $-306.03 Million | $-313.29 Million | $461.47 Million | ▼ -25.4% |
| 2019 | -0.53x | $-302.40 Million | $-328.68 Million | $571.97 Million | ▼ -131.2% |
| 2018 | 1.69x | $732.45 Million | $718.21 Million | $432.60 Million | ▲ +1107.8% |
| 2017 | -0.17x | $-70.74 Million | $-80.41 Million | $421.04 Million | ▲ +27.0% |
| 2016 | -0.23x | $-110.63 Million | $-117.02 Million | $480.75 Million | ▼ -84.3% |
| 2015 | -0.12x | $-61.89 Million | $-73.08 Million | $495.63 Million | ▲ +61.7% |
| 2014 | -0.33x | $-132.03 Million | $-142.01 Million | $405.29 Million | ▼ -396.1% |
| 2013 | -0.07x | $-34.44 Million | $-38.53 Million | $524.43 Million | ▲ +75.2% |
| 2012 | -0.26x | $-119.17 Million | $-129.76 Million | $450.77 Million | ▼ -3.9% |
| 2011 | -0.25x | $-104.02 Million | $-113.74 Million | $408.74 Million | ▼ -348.8% |
| 2010 | -0.06x | $-24.41 Million | $-55.87 Million | $430.56 Million | ▼ -144.4% |
| 2009 | 0.13x | $60.44 Million | $39.74 Million | $473.15 Million | ▲ +137.3% |
| 2008 | -0.34x | $-126.93 Million | $-145.78 Million | $370.38 Million | ▼ -197.7% |
| 2007 | 0.35x | $179.10 Million | $146.30 Million | $510.66 Million | ▲ +370.4% |
| 2006 | -0.13x | $-70.19 Million | $-92.72 Million | $541.12 Million | ▼ -14.9% |
| 2005 | -0.11x | $-60.04 Million | $-78.00 Million | $531.74 Million | ▲ +38.5% |
| 2004 | -0.18x | $-50.95 Million | $-78.14 Million | $277.58 Million | ▼ -44.6% |
| 2003 | -0.13x | $-57.45 Million | $-76.20 Million | $452.60 Million | ▲ +13.4% |
| 2002 | -0.15x | $-58.65 Million | $-74.97 Million | $399.87 Million | ▼ -253.8% |
| 2001 | -0.04x | $-16.45 Million | $-50.77 Million | $396.93 Million | ▼ -180.5% |
| 2000 | 0.05x | $18.11 Million | $-35.74 Million | $351.66 Million | ▲ +39.7% |
| 1999 | 0.04x | $5.17 Million | $-15.33 Million | $140.18 Million | ▼ -95.5% |
| 1998 | 0.83x | $15.36 Million | $-19.22 Million | $18.61 Million | ▼ -15.9% |
| 1997 | 0.98x | $22.24 Million | $4.98 Million | $22.67 Million | ▲ +274.4% |
| 1996 | -0.56x | $-3.60 Million | $-5.80 Million | $6.40 Million | ▲ +57.8% |
| 1995 | -1.33x | $-4.00 Million | $-5.30 Million | $3.00 Million | ▲ +7.7% |
| 1994 | -1.44x | $-2.60 Million | $-4.00 Million | $1.80 Million | — |