Avidity Biosciences, Inc (RNAM) — Financial Flexibility Index

Latest as of December 2025: -0.61x

Avidity Biosciences, Inc (RNAM) has a Financial Flexibility Index of -0.61x as of December 2025. Free cash flow of $-164.26 Million (operating CF $-169.77 Million minus capex $5.51 Million) represents -1% of total liabilities ($269.45 Million). Check RNAM cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

-0.61x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-164.26 Million
Operating CF − Capex

Total Liabilities

$269.45 Million
USD

Capital Expenditures

$5.51 Million
USD

Avidity Biosciences, Inc Financial Flexibility Index (2018–2025)

Historical Financial Flexibility Index trend for Avidity Biosciences, Inc across 8 annual periods. For the full cash flow conversion analysis, see RNAM cash generation efficiency.

Annual Financial Flexibility Index for Avidity Biosciences, Inc (2018–2025)

Year-by-year free cash flow to debt coverage for Avidity Biosciences, Inc. Explore Avidity Biosciences, Inc cash debt coverage 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 -2.36x $-637.12 Million $-650.44 Million $269.45 Million ▼ -11.8%
2024 -2.11x $-293.80 Million $-300.87 Million $138.94 Million ▼ -135.3%
2023 -0.90x $-114.84 Million $-119.06 Million $127.79 Million ▲ +59.1%
2022 -2.20x $-133.44 Million $-136.27 Million $60.73 Million ▼ -11.4%
2021 -1.97x $-91.07 Million $-94.81 Million $46.15 Million ▼ -51.6%
2020 -1.30x $-36.02 Million $-37.12 Million $27.68 Million ▼ -7851.3%
2019 0.02x $2.73 Million $2.49 Million $162.26 Million ▲ +107.9%
2018 -0.21x $-9.61 Million $-9.65 Million $45.11 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities