China Merchants Securities Co. Ltd Cash Flow-to-Debt Ratio
China Merchants Securities Co. Ltd cash flow-to-debt ratio. China Merchants Securities Co. Ltd (195H) has a Cash Flow-to-Debt Ratio of 0.03x as of March 2026, meaning its operating cash flow of €19.69 Billion could theoretically repay 0% of its total liabilities (€646.99 Billion) in one year. Check cash flow quality index of China Merchants Securities Co. Ltd 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 China Merchants Securities Co. Ltd (2017–2025)
Cash flow-to-debt ratio of China Merchants Securities Co. Ltd from 2017 to 2025. Historical debt coverage capacity for China Merchants Securities Co. Ltd across 9 annual periods. Check 195H total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
China Merchants Securities Co. Ltd Cash Flow-to-Debt Ratio by Year (2017–2025)
China Merchants Securities Co. Ltd cash flow-to-debt ratio by year from 2017 to 2025. Year-by-year debt coverage analysis for China Merchants Securities Co. Ltd. For the full cash flow conversion analysis, see cash efficiency ratio of China Merchants Securities Co. Ltd.
| Year | CF-to-Debt Ratio | Operating CF (EUR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | -0.05x | €-31.37 Billion | €615.43 Billion | ▼ -155.0% |
| 2024 | 0.09x | €54.73 Billion | €590.91 Billion | ▲ +7.0% |
| 2023 | 0.09x | €49.65 Billion | €573.82 Billion | ▼ -31.3% |
| 2022 | 0.13x | €62.50 Billion | €496.42 Billion | ▲ +248.1% |
| 2021 | -0.08x | €-41.19 Billion | €484.63 Billion | ▼ -241.5% |
| 2020 | -0.02x | €-9.81 Billion | €393.90 Billion | ▼ -173.9% |
| 2019 | 0.03x | €9.99 Billion | €296.64 Billion | ▼ -77.9% |
| 2018 | 0.15x | €34.17 Billion | €224.14 Billion | ▲ +173.9% |
| 2017 | -0.21x | €-42.55 Billion | €206.31 Billion | — |