Tonix Pharmaceuticals Holding Corp (TNXP) — Financial Flexibility Index

Latest as of December 2025: -1.18x

Tonix Pharmaceuticals Holding Corp (TNXP) has a Financial Flexibility Index of -1.18x as of December 2025. Free cash flow of $-37.78 Million (operating CF $-39.65 Million minus capex $1.87 Million) represents -1% of total liabilities ($32.02 Million). Check Tonix Pharmaceuticals Holding Corp strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

-1.18x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-37.78 Million
Operating CF − Capex

Total Liabilities

$32.02 Million
USD

Capital Expenditures

$1.87 Million
USD

Tonix Pharmaceuticals Holding Corp Financial Flexibility Index (2008–2025)

Historical Financial Flexibility Index trend for Tonix Pharmaceuticals Holding Corp across 18 annual periods. See TNXP net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Tonix Pharmaceuticals Holding Corp (2008–2025)

Year-by-year free cash flow to debt coverage for Tonix Pharmaceuticals Holding Corp. For the full company profile including market capitalisation, see Tonix Pharmaceuticals Holding Corp market capitalisation.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 -3.01x $-96.47 Million $-99.84 Million $32.02 Million ▼ -15.6%
2024 -2.61x $-60.80 Million $-60.92 Million $23.33 Million ▼ -35.5%
2023 -1.92x $-94.11 Million $-102.00 Million $48.93 Million ▲ +28.7%
2022 -2.70x $-49.91 Million $-98.05 Million $18.51 Million ▼ -48.6%
2021 -1.81x $-40.25 Million $-75.56 Million $22.18 Million ▲ +52.2%
2020 -3.80x $-40.00 Million $-48.57 Million $10.54 Million ▲ +26.8%
2019 -5.19x $-26.67 Million $-26.68 Million $5.14 Million ▲ +42.5%
2018 -9.03x $-23.96 Million $-23.97 Million $2.65 Million ▼ -0.9%
2017 -8.94x $-19.12 Million $-19.13 Million $2.14 Million ▲ +48.4%
2016 -17.33x $-37.25 Million $-37.31 Million $2.15 Million ▼ -176.9%
2015 -6.26x $-42.29 Million $-42.53 Million $6.76 Million ▲ +4.1%
2014 -6.53x $-22.52 Million $-22.84 Million $3.45 Million ▼ -70.8%
2013 -3.82x $-8.50 Million $-8.52 Million $2.22 Million ▲ +22.0%
2012 -4.90x $-5.68 Million $-5.71 Million $1.16 Million ▼ -435.5%
2011 -0.92x $-2.63 Million $-2.64 Million $2.88 Million ▲ +47.6%
2010 -1.74x $-17.98K $-17.98K $10.30K ▲ +93.8%
2009 -28.21x $-27.87K $-27.87K $988.00 ▼ -259.1%
2008 -7.86x $-23.57K $-23.57K $3.00K
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities