SOUTH32 Ltd (S32) — Cash Flow-to-Debt Ratio
SOUTH32 Ltd (S32) has a Cash Flow-to-Debt Ratio of 0.12x as of December 2025, meaning its operating cash flow of AU$550.94 Million could theoretically repay 0% of its total liabilities (AU$4.54 Billion) in one year. See S32 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
SOUTH32 Ltd Cash Flow-to-Debt Ratio (2012–2025)
Historical debt coverage capacity for SOUTH32 Ltd across 14 annual periods. For the full cash flow conversion analysis, see SOUTH32 Ltd (S32) cash flow conversion.
Annual Cash Flow-to-Debt Ratio for SOUTH32 Ltd (2012–2025)
Year-by-year debt coverage analysis for SOUTH32 Ltd. Check SOUTH32 Ltd cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (AUD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.27x | AU$1.33 Billion | AU$4.87 Billion | ▲ +29.2% |
| 2024 | 0.21x | AU$1.12 Billion | AU$5.27 Billion | ▼ -7.6% |
| 2023 | 0.23x | AU$1.19 Billion | AU$5.19 Billion | ▼ -58.5% |
| 2022 | 0.55x | AU$3.07 Billion | AU$5.56 Billion | ▲ +68.6% |
| 2021 | 0.33x | AU$1.41 Billion | AU$4.29 Billion | ▲ +0.2% |
| 2020 | 0.33x | AU$1.36 Billion | AU$4.17 Billion | ▼ -18.2% |
| 2019 | 0.40x | AU$1.82 Billion | AU$4.55 Billion | ▲ +3.0% |
| 2018 | 0.39x | AU$1.72 Billion | AU$4.42 Billion | ▼ -18.1% |
| 2017 | 0.47x | AU$2.13 Billion | AU$4.50 Billion | ▲ +81.9% |
| 2016 | 0.26x | AU$1.03 Billion | AU$3.95 Billion | ▲ +73.3% |
| 2015 | 0.15x | AU$670.00 Million | AU$4.45 Billion | ▼ -11.1% |
| 2014 | 0.17x | AU$1.67 Billion | AU$9.87 Billion | ▲ +11.8% |
| 2013 | 0.15x | AU$1.43 Billion | AU$9.42 Billion | ▼ -35.5% |
| 2012 | 0.23x | AU$2.39 Billion | AU$10.20 Billion | — |