The a2 Milk Company Ltd (A2M) — Cash Flow-to-Debt Ratio

Latest as of December 2025: 0.21x

The a2 Milk Company Ltd (A2M) has a Cash Flow-to-Debt Ratio of 0.21x as of December 2025, meaning its operating cash flow of AU$95.20 Million could theoretically repay 0% of its total liabilities (AU$459.58 Million) in one year. See A2M free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.

CF-to-Debt Ratio

0.21x
Operating CF / Total Liabilities

Operating Cash Flow

AU$95.20 Million
AUD

Total Liabilities

AU$459.58 Million
AUD

Data as of

Dec 2025
Most recent filing

The a2 Milk Company Ltd Cash Flow-to-Debt Ratio (2004–2025)

Historical debt coverage capacity for The a2 Milk Company Ltd across 20 annual periods. Also explore The a2 Milk Company Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Annual Cash Flow-to-Debt Ratio for The a2 Milk Company Ltd (2004–2025)

Year-by-year debt coverage analysis for The a2 Milk Company Ltd. For market capitalisation and broader financial context, see The a2 Milk Company Ltd stock valuation.

Year CF-to-Debt Ratio Operating CF (AUD) Total Liabilities YoY Change
2025 0.39x AU$201.48 Million AU$511.37 Million ▼ -26.3%
2024 0.53x AU$255.74 Million AU$478.10 Million ▲ +122.2%
2023 0.24x AU$111.28 Million AU$462.21 Million ▼ -11.2%
2022 0.27x AU$141.55 Million AU$521.89 Million ▼ -12.6%
2021 0.31x AU$89.42 Million AU$288.05 Million ▼ -76.8%
2020 1.34x AU$427.41 Million AU$319.25 Million ▲ +1.5%
2019 1.32x AU$289.07 Million AU$219.12 Million ▼ -8.4%
2018 1.44x AU$231.11 Million AU$160.51 Million ▲ +47.4%
2017 0.98x AU$99.94 Million AU$102.35 Million ▲ +250.5%
2016 0.28x AU$21.47 Million AU$77.07 Million ▲ +204.4%
2015 -0.27x AU$-8.07 Million AU$30.24 Million ▼ -1203.7%
2014 0.02x AU$435.00K AU$18.00 Million ▼ -91.7%
2013 0.29x AU$3.65 Million AU$12.47 Million ▲ +3994.5%
2012 0.01x AU$88.00K AU$12.32 Million ▼ -96.3%
2011 0.19x AU$1.44 Million AU$7.55 Million ▲ +110.1%
2010 -1.89x AU$-1.90 Million AU$1.01 Million ▼ -279.5%
2008 -0.50x AU$-4.20 Million AU$8.43 Million ▲ +50.8%
2007 -1.01x AU$-5.08 Million AU$5.02 Million ▲ +77.2%
2005 -4.43x AU$-2.04 Million AU$459.07K ▼ -331.0%
2004 -1.03x AU$-1.47 Million AU$1.43 Million —
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.