Bakkt Holdings Inc (BKKT) — Financial Flexibility Index

Latest as of March 2026: -0.27x

Bakkt Holdings Inc (BKKT) has a Financial Flexibility Index of -0.27x as of March 2026. Free cash flow of $-11.37 Million (operating CF $-12.09 Million minus capex $728.00K) represents 0% of total liabilities ($42.50 Million). Check how aggressively does Bakkt Holdings Inc reinvest cash to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

-0.27x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-11.37 Million
Operating CF − Capex

Total Liabilities

$42.50 Million
USD

Capital Expenditures

$728.00K
USD

Bakkt Holdings Inc Financial Flexibility Index (2019–2025)

Historical Financial Flexibility Index trend for Bakkt Holdings Inc across 7 annual periods. For the full cash flow conversion analysis, see BKKT cash flow metrics.

Annual Financial Flexibility Index for Bakkt Holdings Inc (2019–2025)

Year-by-year free cash flow to debt coverage for Bakkt Holdings Inc. Explore BKKT operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 -2.91x $-145.45 Million $-149.26 Million $50.01 Million ▼ -3215.8%
2024 -0.09x $-18.12 Million $-21.20 Million $206.52 Million ▼ -42.2%
2023 -0.06x $-51.26 Million $-60.70 Million $831.15 Million ▲ +91.5%
2022 -0.73x $-87.05 Million $-117.60 Million $119.43 Million ▲ +24.8%
2021 -0.97x $-118.61 Million $-134.30 Million $122.31 Million ▼ -648.5%
2020 -0.13x $-10.37 Million $-30.94 Million $80.05 Million ▲ +94.9%
2019 -2.56x $-39.31 Million $-48.50 Million $15.39 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities