Fortescue Ltd Cash Flow-to-Debt Ratio
Fortescue Ltd 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. Check Fortescue Ltd (FMG) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Fortescue Ltd (1991–2025)
Cash flow-to-debt ratio of Fortescue Ltd from 1991 to 2025. Historical debt coverage capacity for Fortescue Ltd across 33 annual periods. Check Fortescue Ltd investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Fortescue Ltd Cash Flow-to-Debt Ratio by Year (1991–2025)
Fortescue Ltd cash flow-to-debt ratio by year from 1991 to 2025. Year-by-year debt coverage analysis for Fortescue Ltd. For the full cash flow conversion analysis, see FMG cash flow metrics.
| 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 | — |