Kernel Holding SA (0KE) — Cash Flow-to-Debt Ratio

Latest as of December 2025: -0.15x

Kernel Holding SA (0KE) has a Cash Flow-to-Debt Ratio of -0.15x as of December 2025, meaning its operating cash flow of €-175.51 Million could theoretically repay 0% of its total liabilities (€1.19 Billion) in one year. See Kernel Holding SA (0KE) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

CF-to-Debt Ratio

-0.15x
Operating CF / Total Liabilities

Operating Cash Flow

€-175.51 Million
EUR

Total Liabilities

€1.19 Billion
EUR

Data as of

Dec 2025
Most recent filing

Kernel Holding SA Cash Flow-to-Debt Ratio (2014–2024)

Historical debt coverage capacity for Kernel Holding SA across 11 annual periods. Also explore 0KE net asset momentum to track the company's year-over-year net asset growth rate.

Annual Cash Flow-to-Debt Ratio for Kernel Holding SA (2014–2024)

Year-by-year debt coverage analysis for Kernel Holding SA. For market capitalisation and broader financial context, see 0KE stock market capitalisation.

Year CF-to-Debt Ratio Operating CF (EUR) Total Liabilities YoY Change
2024 0.31x €472.14 Million €1.53 Billion ▼ -7.8%
2023 0.33x €716.13 Million €2.14 Billion ▲ +373.7%
2022 -0.12x €-305.46 Million €2.50 Billion ▼ -150.9%
2021 0.24x €459.84 Million €1.91 Billion ▲ +49.0%
2020 0.16x €269.36 Million €1.67 Billion ▼ -9.3%
2019 0.18x €198.65 Million €1.12 Billion ▲ +122.6%
2018 0.08x €82.48 Million €1.03 Billion ▼ -12.2%
2017 0.09x €77.41 Million €851.47 Million ▼ -65.2%
2016 0.26x €133.72 Million €512.30 Million ▼ -62.9%
2015 0.70x €404.72 Million €574.77 Million ▲ +658.5%
2014 0.09x €82.47 Million €888.34 Million
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.