Third Harmonic Bio Inc. (THRD) — Financial Flexibility Index
Third Harmonic Bio Inc. (THRD) has a Financial Flexibility Index of -1.87x as of March 2025. Free cash flow of $-13.48 Million (operating CF $-13.48 Million minus capex $0.00) represents -2% of total liabilities ($7.21 Million). Check tangible net worth ratio of Third Harmonic Bio Inc. to evaluate the tangible quality of the company's equity base.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Third Harmonic Bio Inc. Financial Flexibility Index (2020–2024)
Historical Financial Flexibility Index trend for Third Harmonic Bio Inc. across 5 annual periods. For the full cash flow conversion analysis, see THRD operating cash flow.
Annual Financial Flexibility Index for Third Harmonic Bio Inc. (2020–2024)
Year-by-year free cash flow to debt coverage for Third Harmonic Bio Inc.. Explore how well can Third Harmonic Bio Inc. 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 |
|---|---|---|---|---|---|
| 2024 | -3.65x | $-34.49 Million | $-34.50 Million | $9.46 Million | ▼ -55.3% |
| 2023 | -2.35x | $-20.26 Million | $-20.43 Million | $8.63 Million | ▲ +35.3% |
| 2022 | -3.63x | $-34.88 Million | $-34.92 Million | $9.61 Million | ▼ -3964.6% |
| 2021 | -0.09x | $-15.71 Million | $-15.75 Million | $175.87 Million | ▲ +73.8% |
| 2020 | -0.34x | $-9.15 Million | $-9.19 Million | $26.79 Million | — |