Avidity Biosciences, Inc (RNAM) — Free Cash Flow Generation Index

Latest as of December 2023: 0.95x

Avidity Biosciences, Inc (RNAM) has a Free Cash Flow Generation Index of 0.95x as of December 2023. Free cash flow of $15.64 Million represents 1% of operating cash flow ($16.50 Million). Explore how much does Avidity Biosciences, Inc reinvest in capital to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.95x
Free Cash Flow / Operating CF

Free Cash Flow

$15.64 Million
USD

Operating Cash Flow

$16.50 Million
USD

Capital Expenditures

$863.00K
USD

Avidity Biosciences, Inc Free Cash Flow Generation Index (2019–2019)

Historical FCF Generation Index trend for Avidity Biosciences, Inc across 1 annual periods. For the full cash flow conversion analysis, see how efficiently does Avidity Biosciences, Inc generate cash.

Annual Free Cash Flow Generation for Avidity Biosciences, Inc (2019–2019)

Year-by-year Free Cash Flow Generation Index for Avidity Biosciences, Inc. Check RNAM total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2019 0.91x $2.25 Million $2.49 Million $235.00K
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).