Galapagos N.V. (GLPG) — Cash Flow-to-Debt Ratio
Galapagos N.V. (GLPG) has a Cash Flow-to-Debt Ratio of -0.66x as of March 2026, meaning its operating cash flow of €-78.61 Million could theoretically repay -1% of its total liabilities (€119.06 Million) in one year. See GLPG cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Galapagos N.V. Cash Flow-to-Debt Ratio (2004–2025)
Historical debt coverage capacity for Galapagos N.V. across 22 annual periods. Also explore GLPG shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Galapagos N.V. (2004–2025)
Year-by-year debt coverage analysis for Galapagos N.V.. For market capitalisation and broader financial context, see Galapagos N.V. (GLPG) total market value.
| Year | CF-to-Debt Ratio | Operating CF (EUR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | -1.15x | €-197.01 Million | €170.65 Million | ▼ -346.9% |
| 2024 | -0.26x | €-320.03 Million | €1.24 Billion | ▲ +0.6% |
| 2023 | -0.26x | €-405.97 Million | €1.56 Billion | ▼ -14.7% |
| 2022 | -0.23x | €-500.54 Million | €2.21 Billion | ▼ -14.7% |
| 2021 | -0.20x | €-503.83 Million | €2.55 Billion | ▼ -40.9% |
| 2020 | -0.14x | €-427.34 Million | €3.05 Billion | ▼ -114.0% |
| 2019 | 1.00x | €3.21 Billion | €3.19 Billion | ▲ +258.9% |
| 2018 | -0.63x | €-142.47 Million | €225.25 Million | ▼ -18.0% |
| 2017 | -0.54x | €-147.03 Million | €274.29 Million | ▼ -172.7% |
| 2016 | 0.74x | €239.40 Million | €324.64 Million | ▲ +149.9% |
| 2015 | -1.48x | €-114.59 Million | €77.52 Million | ▼ -25.9% |
| 2014 | -1.17x | €-75.56 Million | €64.33 Million | ▼ -27152.3% |
| 2013 | 0.00x | €522.00K | €120.24 Million | ▼ -99.2% |
| 2012 | 0.55x | €64.10 Million | €116.88 Million | ▲ +295.2% |
| 2011 | -0.28x | €-11.99 Million | €42.68 Million | ▲ +31.2% |
| 2010 | -0.41x | €-18.57 Million | €45.45 Million | ▼ -325.8% |
| 2009 | 0.18x | €6.30 Million | €34.83 Million | ▲ +176.0% |
| 2008 | -0.24x | €-8.21 Million | €34.50 Million | ▼ -3313.1% |
| 2007 | 0.01x | €371.00K | €50.10 Million | ▲ +104.6% |
| 2006 | -0.16x | €-9.31 Million | €58.10 Million | ▲ +15.8% |
| 2005 | -0.19x | €-3.89 Million | €20.43 Million | ▲ +63.2% |
| 2004 | -0.52x | €-2.71 Million | €5.25 Million | — |