MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (STRD) — Financial Flexibility Index

Latest as of September 2025: 0.93x

MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (STRD) has a Financial Flexibility Index of 0.93x as of September 2025. Free cash flow of $14.45 Billion (operating CF $-8.31 Million minus capex $14.46 Billion) represents 1% of total liabilities ($15.50 Billion). Also explore net asset growth rate of MicroStrategy Incorporated 10.00% Series to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.93x
Free Cash Flow / Total Liabilities

Free Cash Flow

$14.45 Billion
Operating CF − Capex

Total Liabilities

$15.50 Billion
USD

Capital Expenditures

$14.46 Billion
USD

MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock Financial Flexibility Index (2021–2024)

Historical Financial Flexibility Index trend for MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock across 4 annual periods. See MicroStrategy Incorporated 10.00% Series (STRD) net asset quality to measure how much of total assets are equity-financed.

Annual Financial Flexibility Index for MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock (2021–2024)

Year-by-year free cash flow to debt coverage for MicroStrategy Incorporated 10.00% Series A Perpetual Stride Preferred Stock. For the full company profile including market capitalisation, see STRD market cap.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2024 2.89x $22.03 Billion $-53.03 Million $7.61 Billion ▲ +291.9%
2023 0.74x $1.92 Billion $12.71 Million $2.60 Billion ▲ +602.5%
2022 0.11x $293.62 Million $3.21 Million $2.79 Billion ▼ -90.0%
2021 1.06x $2.72 Billion $93.83 Million $2.58 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities