Bavarian Nordic (BAVA) — Cash Flow-to-Debt Ratio
Bavarian Nordic (BAVA) has a Cash Flow-to-Debt Ratio of 0.26x as of December 2025, meaning its operating cash flow of Dkr545.05 Million could theoretically repay 0% of its total liabilities (Dkr2.08 Billion) in one year. Explore Bavarian Nordic strategic 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
Bavarian Nordic Cash Flow-to-Debt Ratio (2001–2025)
Historical debt coverage capacity for Bavarian Nordic across 25 annual periods. Also explore balance sheet size of Bavarian Nordic for the complete picture of this company's asset base.
Annual Cash Flow-to-Debt Ratio for Bavarian Nordic (2001–2025)
Year-by-year debt coverage analysis for Bavarian Nordic. For market capitalisation and broader financial context, see Bavarian Nordic market capitalisation.
| Year | CF-to-Debt Ratio | Operating CF (DKK) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 1.31x | Dkr2.72 Billion | Dkr2.08 Billion | ▲ +100.7% |
| 2024 | 0.65x | Dkr1.95 Billion | Dkr3.00 Billion | ▲ +133.3% |
| 2023 | 0.28x | Dkr1.12 Billion | Dkr4.01 Billion | ▲ +564.2% |
| 2022 | 0.04x | Dkr220.05 Million | Dkr5.24 Billion | ▲ +155.2% |
| 2021 | -0.08x | Dkr-358.50 Million | Dkr4.71 Billion | ▼ -151.4% |
| 2020 | 0.15x | Dkr571.91 Million | Dkr3.86 Billion | ▲ +377.9% |
| 2019 | -0.05x | Dkr-275.91 Million | Dkr5.18 Billion | ▲ +83.8% |
| 2018 | -0.33x | Dkr-288.53 Million | Dkr880.31 Million | ▼ -198.1% |
| 2017 | 0.33x | Dkr216.06 Million | Dkr646.37 Million | ▲ +0.7% |
| 2016 | 0.33x | Dkr267.60 Million | Dkr806.46 Million | ▲ +103.8% |
| 2015 | 0.16x | Dkr105.32 Million | Dkr646.78 Million | ▼ -69.5% |
| 2014 | 0.53x | Dkr338.75 Million | Dkr635.17 Million | ▲ +72.6% |
| 2013 | 0.31x | Dkr147.08 Million | Dkr475.92 Million | ▲ +729.5% |
| 2012 | 0.04x | Dkr20.10 Million | Dkr539.50 Million | ▲ +107.6% |
| 2011 | -0.49x | Dkr-375.24 Million | Dkr768.99 Million | ▼ -33.6% |
| 2010 | -0.37x | Dkr-239.86 Million | Dkr656.69 Million | ▲ +57.2% |
| 2009 | -0.85x | Dkr-484.14 Million | Dkr566.89 Million | ▼ -2688.0% |
| 2008 | 0.03x | Dkr22.41 Million | Dkr679.13 Million | ▼ -89.6% |
| 2007 | 0.32x | Dkr163.16 Million | Dkr514.39 Million | ▲ +142.9% |
| 2006 | -0.74x | Dkr-194.49 Million | Dkr263.02 Million | ▼ -279.1% |
| 2005 | -0.20x | Dkr-58.21 Million | Dkr298.46 Million | ▲ +27.0% |
| 2004 | -0.27x | Dkr-76.63 Million | Dkr286.71 Million | ▼ -10593.9% |
| 2003 | 0.00x | Dkr209.27K | Dkr82.17 Million | ▲ +102.3% |
| 2002 | -0.11x | Dkr-13.71 Million | Dkr121.26 Million | ▲ +97.8% |
| 2001 | -5.25x | Dkr-93.12 Million | Dkr17.73 Million | — |