Clearwater Analytics Holdings Inc (CWAN) — Financial Flexibility Index

Latest as of March 2026: 0.02x

Clearwater Analytics Holdings Inc (CWAN) has a Financial Flexibility Index of 0.02x as of March 2026. Free cash flow of $24.11 Million (operating CF $17.68 Million minus capex $6.44 Million) represents 0% of total liabilities ($972.29 Million). Check Clearwater Analytics Holdings Inc investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.02x
Free Cash Flow / Total Liabilities

Free Cash Flow

$24.11 Million
Operating CF − Capex

Total Liabilities

$972.29 Million
USD

Capital Expenditures

$6.44 Million
USD

Clearwater Analytics Holdings Inc Financial Flexibility Index (2019–2025)

Historical Financial Flexibility Index trend for Clearwater Analytics Holdings Inc across 7 annual periods. For the full cash flow conversion analysis, see CWAN cash generation efficiency.

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

Year-by-year free cash flow to debt coverage for Clearwater Analytics Holdings Inc. Explore CWAN 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 0.19x $187.45 Million $175.90 Million $1.00 Billion ▼ -67.2%
2024 0.57x $79.58 Million $74.32 Million $139.34 Million ▼ -5.6%
2023 0.61x $90.23 Million $84.60 Million $149.09 Million ▲ +32.1%
2022 0.46x $65.76 Million $58.01 Million $143.56 Million ▲ +350.8%
2021 0.10x $8.38 Million $3.36 Million $82.49 Million ▲ +1845.0%
2020 -0.01x $-2.68 Million $-6.49 Million $460.17 Million ▲ +99.3%
2019 -0.86x $-226.66 Million $-230.03 Million $264.69 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities