Bavarian Nordic Free Cash Flow Generation Index
Bavarian Nordic free cash flow generation index. Bavarian Nordic (BAVA) has a Free Cash Flow Generation Index of 0.82x as of December 2025. Free cash flow of Dkr445.92 Million represents 1% of operating cash flow (Dkr545.05 Million). Check Bavarian Nordic liquid asset ratio to evaluate the company's liquid asset resilience ratio.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Free Cash Flow Generation Index of Bavarian Nordic (2003–2025)
Free cash flow generation index of Bavarian Nordic from 2003 to 2025. Historical FCF Generation Index trend for Bavarian Nordic across 14 annual periods. Explore Bavarian Nordic capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Bavarian Nordic Free Cash Flow Generation Index by Year (2003–2025)
Bavarian Nordic free cash flow generation index by year from 2003 to 2025. Year-by-year Free Cash Flow Generation Index for Bavarian Nordic. For the full cash flow conversion analysis, see Bavarian Nordic (BAVA) cash flow conversion.
| Year | FCG Index | Free Cash Flow (DKK) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.92x | Dkr2.52 Billion | Dkr2.72 Billion | Dkr205.29 Million | ▲ +587.6% |
| 2024 | 0.13x | Dkr262.19 Million | Dkr1.95 Billion | Dkr1.69 Billion | ▲ +6.1% |
| 2023 | 0.13x | Dkr141.80 Million | Dkr1.12 Billion | Dkr977.40 Million | ▲ +102.4% |
| 2022 | -5.28x | Dkr-1.16 Billion | Dkr220.05 Million | Dkr1.38 Billion | ▼ -2139.5% |
| 2020 | -0.24x | Dkr-134.80 Million | Dkr571.91 Million | Dkr706.71 Million | ▼ -137.1% |
| 2017 | 0.64x | Dkr137.37 Million | Dkr216.06 Million | Dkr78.70 Million | ▼ -3.4% |
| 2016 | 0.66x | Dkr176.08 Million | Dkr267.60 Million | Dkr91.52 Million | ▲ +52.6% |
| 2015 | 0.43x | Dkr45.40 Million | Dkr105.32 Million | Dkr59.92 Million | ▼ -37.3% |
| 2014 | 0.69x | Dkr232.76 Million | Dkr338.75 Million | Dkr105.99 Million | ▲ +1310.2% |
| 2013 | -0.06x | Dkr-8.35 Million | Dkr147.08 Million | Dkr155.44 Million | ▲ +95.5% |
| 2012 | -1.25x | Dkr-25.11 Million | Dkr20.10 Million | Dkr45.21 Million | ▲ +51.5% |
| 2008 | -2.58x | Dkr-57.73 Million | Dkr22.41 Million | Dkr80.14 Million | ▼ -398.3% |
| 2007 | 0.86x | Dkr140.91 Million | Dkr163.16 Million | Dkr22.26 Million | ▲ +2.4% |
| 2003 | 0.84x | Dkr176.53K | Dkr209.27K | Dkr32.74K | — |