Bavarian Nordic (BAVA) — Free Cash Flow Generation Index

Latest as of December 2025: 0.82x

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). See how liquid is Bavarian Nordic's working capital to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.82x
Free Cash Flow / Operating CF

Free Cash Flow

Dkr445.92 Million
DKK

Operating Cash Flow

Dkr545.05 Million
DKK

Capital Expenditures

Dkr99.12 Million
DKK

Bavarian Nordic Free Cash Flow Generation Index (2003–2025)

Historical FCF Generation Index trend for Bavarian Nordic across 14 annual periods. Explore cash flow to debt ratio of Bavarian Nordic to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for Bavarian Nordic (2003–2025)

Year-by-year Free Cash Flow Generation Index for Bavarian Nordic. For the full company profile including market capitalisation, see Bavarian Nordic market cap and net worth.

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 —
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).