Vestas Wind Systems A/S (VWS) — Cash Flow-to-Debt Ratio
Vestas Wind Systems A/S (VWS) has a Cash Flow-to-Debt Ratio of -0.01x as of March 2026, meaning its operating cash flow of Dkr-289.00 Million could theoretically repay 0% of its total liabilities (Dkr22.79 Billion) in one year. See Vestas Wind Systems A/S free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Vestas Wind Systems A/S Cash Flow-to-Debt Ratio (2000–2025)
Historical debt coverage capacity for Vestas Wind Systems A/S across 25 annual periods. Also explore Vestas Wind Systems A/S annual equity growth to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Vestas Wind Systems A/S (2000–2025)
Year-by-year debt coverage analysis for Vestas Wind Systems A/S. For market capitalisation and broader financial context, see market cap of Vestas Wind Systems A/S.
| Year | CF-to-Debt Ratio | Operating CF (DKK) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.10x | Dkr2.29 Billion | Dkr21.85 Billion | ▼ -5.3% |
| 2024 | 0.11x | Dkr2.33 Billion | Dkr21.10 Billion | ▲ +109.5% |
| 2023 | 0.05x | Dkr1.03 Billion | Dkr19.47 Billion | ▲ +560.6% |
| 2022 | -0.01x | Dkr-195.00 Million | Dkr17.03 Billion | ▼ -117.2% |
| 2021 | 0.07x | Dkr996.00 Million | Dkr14.95 Billion | ▲ +20.7% |
| 2020 | 0.06x | Dkr743.00 Million | Dkr13.46 Billion | ▼ -26.3% |
| 2019 | 0.07x | Dkr823.00 Million | Dkr10.99 Billion | ▼ -35.5% |
| 2018 | 0.12x | Dkr1.02 Billion | Dkr8.79 Billion | ▼ -44.6% |
| 2017 | 0.21x | Dkr1.62 Billion | Dkr7.76 Billion | ▼ -35.3% |
| 2016 | 0.32x | Dkr2.18 Billion | Dkr6.74 Billion | ▲ +25.0% |
| 2015 | 0.26x | Dkr1.47 Billion | Dkr5.69 Billion | ▲ +6.1% |
| 2014 | 0.24x | Dkr1.13 Billion | Dkr4.62 Billion | ▼ -19.6% |
| 2013 | 0.30x | Dkr1.25 Billion | Dkr4.12 Billion | ▲ +2322.1% |
| 2012 | -0.01x | Dkr-73.00 Million | Dkr5.35 Billion | ▼ -108.3% |
| 2011 | 0.16x | Dkr840.00 Million | Dkr5.11 Billion | ▲ +1165.0% |
| 2010 | 0.01x | Dkr56.00 Million | Dkr4.31 Billion | ▲ +217.3% |
| 2009 | -0.01x | Dkr-34.00 Million | Dkr3.07 Billion | ▼ -113.4% |
| 2008 | 0.08x | Dkr277.00 Million | Dkr3.35 Billion | ▼ -67.2% |
| 2007 | 0.25x | Dkr701.00 Million | Dkr2.78 Billion | ▲ +0.9% |
| 2006 | 0.25x | Dkr597.50 Million | Dkr2.39 Billion | ▲ +258.7% |
| 2005 | 0.07x | Dkr147.90 Million | Dkr2.12 Billion | ▲ +491.0% |
| 2004 | -0.02x | Dkr-29.80 Million | Dkr1.67 Billion | ▼ -107.8% |
| 2003 | 0.23x | Dkr153.10 Million | Dkr672.40 Million | ▲ +240.4% |
| 2002 | -0.16x | Dkr-126.00 Million | Dkr776.90 Million | ▼ -3849.8% |
| 2000 | 0.00x | Dkr12.08 Million | Dkr2.79 Billion | — |