First Tracks Biotherapeutics, Inc. Ordinary Shares When-Issued Financial Flexibility Index

Latest as of March 2026: -0.98x

First Tracks Biotherapeutics, Inc. Ordinary Shares When-Issued financial flexibility index. First Tracks Biotherapeutics, Inc. Ordinary Shares When-Issued (TRAXV) has a Financial Flexibility Index of -0.98x as of March 2026. Free cash flow of $-32.54 Million (operating CF $-32.56 Million minus capex $17.00K) represents -1% of total liabilities ($33.11 Million).

Financial Flexibility Index

-0.98x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-32.54 Million
Operating CF − Capex

Total Liabilities

$33.11 Million
USD

Capital Expenditures

$17.00K
USD

Financial Flexibility Index of First Tracks Biotherapeutics, Inc. Ordinary Shares When-Issued (2023–2024)

Financial flexibility index of First Tracks Biotherapeutics, Inc. Ordinary Shares When-Issued from 2023 to 2024. Historical Financial Flexibility Index trend for First Tracks Biotherapeutics, Inc. Ordinary Shares When-Issued across 2 annual periods. Explore First Tracks Biotherapeutics, Inc. Ordin cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

First Tracks Biotherapeutics, Inc. Ordinary Shares When-Issued Financial Flexibility Index by Year (2023–2024)

First Tracks Biotherapeutics, Inc. Ordinary Shares When-Issued financial flexibility index by year from 2023 to 2024. Year-by-year free cash flow to debt coverage for First Tracks Biotherapeutics, Inc. Ordinary Shares When-Issued. For the full cash flow conversion analysis, see First Tracks Biotherapeutics, Inc. Ordin (TRAXV) cash flow conversion.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2024 -2.49x $-125.45 Million $-125.81 Million $50.30 Million ▲ +7.3%
2023 -2.69x $-92.20 Million $-93.00 Million $34.26 Million —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities