Fortescue Ltd (FMG) — Cash Flow-to-Debt Ratio
Fortescue Ltd (FMG) has a Cash Flow-to-Debt Ratio of 0.30x as of December 2025, meaning its operating cash flow of AU$3.23 Billion could theoretically repay 0% of its total liabilities (AU$10.65 Billion) in one year. Explore FMG long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Fortescue Ltd Cash Flow-to-Debt Ratio (1991–2025)
Historical debt coverage capacity for Fortescue Ltd across 33 annual periods. Also explore Fortescue Ltd asset portfolio for the complete picture of this company's asset base.
Annual Cash Flow-to-Debt Ratio for Fortescue Ltd (1991–2025)
Year-by-year debt coverage analysis for Fortescue Ltd. For market capitalisation and broader financial context, see how much is Fortescue Ltd worth.
| Year | CF-to-Debt Ratio | Operating CF (AUD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.61x | AU$6.47 Billion | AU$10.56 Billion | ▼ -18.5% |
| 2024 | 0.75x | AU$7.92 Billion | AU$10.53 Billion | ▼ -26.0% |
| 2023 | 1.02x | AU$11.16 Billion | AU$10.98 Billion | ▲ +24.0% |
| 2022 | 0.82x | AU$9.63 Billion | AU$11.75 Billion | ▼ -44.6% |
| 2021 | 1.48x | AU$16.80 Billion | AU$11.36 Billion | ▲ +74.0% |
| 2020 | 0.85x | AU$9.30 Billion | AU$10.94 Billion | ▲ +91.0% |
| 2019 | 0.45x | AU$4.26 Billion | AU$9.57 Billion | ▲ +196.2% |
| 2018 | 0.15x | AU$1.28 Billion | AU$8.52 Billion | ▼ -65.4% |
| 2017 | 0.43x | AU$4.27 Billion | AU$9.83 Billion | ▲ +98.2% |
| 2016 | 0.22x | AU$2.48 Billion | AU$11.31 Billion | ▲ +14.3% |
| 2015 | 0.19x | AU$2.02 Billion | AU$10.51 Billion | ▼ -56.3% |
| 2014 | 0.44x | AU$6.23 Billion | AU$14.20 Billion | ▲ +111.1% |
| 2013 | 0.21x | AU$2.99 Billion | AU$14.40 Billion | ▼ -14.7% |
| 2012 | 0.24x | AU$2.79 Billion | AU$11.43 Billion | ▼ -41.6% |
| 2011 | 0.42x | AU$2.77 Billion | AU$6.62 Billion | ▲ +23.0% |
| 2010 | 0.34x | AU$1.10 Billion | AU$3.23 Billion | ▲ +107.1% |
| 2009 | 0.16x | AU$466.37 Million | AU$2.84 Billion | ▲ +149.9% |
| 2008 | -0.33x | AU$-2.06 Billion | AU$6.26 Billion | ▲ +38.0% |
| 2007 | -0.53x | AU$-1.22 Billion | AU$2.30 Billion | ▲ +74.5% |
| 2006 | -2.07x | AU$-95.29 Million | AU$45.97 Million | ▼ -95.3% |
| 2005 | -1.06x | AU$-36.62 Million | AU$34.50 Million | ▲ +71.2% |
| 2004 | -3.69x | AU$-5.38 Million | AU$1.46 Million | ▼ -389.5% |
| 2002 | 1.27x | AU$93.92K | AU$73.70K | ▼ -30.8% |
| 2001 | 1.84x | AU$325.49K | AU$176.67K | ▲ +326.1% |
| 2000 | -0.82x | AU$-228.98K | AU$280.95K | ▲ +26.5% |
| 1998 | -1.11x | AU$-419.61K | AU$378.63K | ▼ -917.8% |
| 1997 | -0.11x | AU$-130.36K | AU$1.20 Million | ▲ +83.6% |
| 1996 | -0.66x | AU$-296.23K | AU$446.81K | ▲ +95.5% |
| 1995 | -14.79x | AU$-254.45K | AU$17.21K | ▼ -89.1% |
| 1994 | -7.82x | AU$-565.72K | AU$72.35K | ▼ -3800.2% |
| 1993 | -0.20x | AU$-153.57K | AU$766.03K | ▼ -19.7% |
| 1992 | -0.17x | AU$-162.43K | AU$970.13K | ▲ +13.0% |
| 1991 | -0.19x | AU$-168.70K | AU$876.21K | — |