BHP Group Ltd (BHP) — Cash Flow-to-Debt Ratio
BHP Group Ltd (BHP) has a Cash Flow-to-Debt Ratio of 0.16x as of December 2025, meaning its operating cash flow of AU$9.54 Billion could theoretically repay 0% of its total liabilities (AU$60.59 Billion) in one year. See BHP financial flexibility score to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
BHP Group Ltd Cash Flow-to-Debt Ratio (1988–2025)
Historical debt coverage capacity for BHP Group Ltd across 38 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of BHP Group Ltd.
Annual Cash Flow-to-Debt Ratio for BHP Group Ltd (1988–2025)
Year-by-year debt coverage analysis for BHP Group Ltd. Check cash flow quality index of BHP Group Ltd to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (AUD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.33x | AU$18.69 Billion | AU$56.57 Billion | ▼ -14.9% |
| 2024 | 0.39x | AU$20.66 Billion | AU$53.24 Billion | ▲ +9.5% |
| 2023 | 0.35x | AU$18.70 Billion | AU$52.77 Billion | ▼ -48.9% |
| 2022 | 0.69x | AU$32.17 Billion | AU$46.40 Billion | ▲ +35.8% |
| 2021 | 0.51x | AU$27.23 Billion | AU$53.32 Billion | ▲ +74.2% |
| 2020 | 0.29x | AU$15.71 Billion | AU$53.56 Billion | ▼ -19.5% |
| 2019 | 0.36x | AU$17.87 Billion | AU$49.04 Billion | ▲ +1.3% |
| 2018 | 0.36x | AU$18.46 Billion | AU$51.32 Billion | ▲ +16.2% |
| 2017 | 0.31x | AU$16.80 Billion | AU$54.28 Billion | ▲ +71.6% |
| 2016 | 0.18x | AU$10.62 Billion | AU$58.88 Billion | ▼ -49.5% |
| 2015 | 0.36x | AU$19.30 Billion | AU$54.03 Billion | ▼ -7.0% |
| 2014 | 0.38x | AU$25.36 Billion | AU$66.03 Billion | ▲ +21.8% |
| 2013 | 0.32x | AU$20.15 Billion | AU$63.89 Billion | ▼ -22.3% |
| 2012 | 0.41x | AU$25.26 Billion | AU$62.19 Billion | ▼ -39.1% |
| 2011 | 0.67x | AU$30.08 Billion | AU$45.14 Billion | ▲ +47.0% |
| 2010 | 0.45x | AU$17.92 Billion | AU$39.52 Billion | ▼ -8.5% |
| 2009 | 0.50x | AU$18.86 Billion | AU$38.06 Billion | ▲ +0.6% |
| 2008 | 0.49x | AU$18.16 Billion | AU$36.85 Billion | ▼ -10.7% |
| 2007 | 0.55x | AU$15.60 Billion | AU$28.25 Billion | ▲ +26.8% |
| 2006 | 0.44x | AU$10.48 Billion | AU$24.06 Billion | ▲ +38.8% |
| 2005 | 0.31x | AU$8.04 Billion | AU$25.64 Billion | ▲ +18.0% |
| 2004 | 0.27x | AU$4.66 Billion | AU$17.52 Billion | ▲ +47.0% |
| 2003 | 0.18x | AU$3.23 Billion | AU$17.84 Billion | ▼ -22.5% |
| 2002 | 0.23x | AU$3.94 Billion | AU$16.87 Billion | ▼ -16.3% |
| 2001 | 0.28x | AU$2.55 Billion | AU$9.15 Billion | ▲ +29.9% |
| 2000 | 0.21x | AU$2.35 Billion | AU$10.95 Billion | ▲ +31.6% |
| 1999 | 0.16x | AU$2.34 Billion | AU$14.34 Billion | ▲ +12.2% |
| 1998 | 0.15x | AU$2.23 Billion | AU$15.32 Billion | ▼ -26.4% |
| 1997 | 0.20x | AU$3.05 Billion | AU$15.44 Billion | ▲ +15.5% |
| 1996 | 0.17x | AU$2.64 Billion | AU$15.43 Billion | ▼ -35.3% |
| 1995 | 0.26x | AU$2.94 Billion | AU$11.11 Billion | ▲ +16.0% |
| 1994 | 0.23x | AU$2.49 Billion | AU$10.91 Billion | ▲ +27.7% |
| 1993 | 0.18x | AU$1.83 Billion | AU$10.29 Billion | ▼ -12.3% |
| 1992 | 0.20x | AU$2.34 Billion | AU$11.49 Billion | ▲ +125.3% |
| 1991 | 0.09x | AU$1.08 Billion | AU$12.00 Billion | ▲ +14.6% |
| 1990 | 0.08x | AU$846.50 Million | AU$10.75 Billion | ▼ -8.5% |
| 1989 | 0.09x | AU$830.50 Million | AU$9.65 Billion | ▲ +21.8% |
| 1988 | 0.07x | AU$754.00 Million | AU$10.67 Billion | — |