RLX TECH. SP.ADR/1 CL.A (3CM) — Cash Flow-to-Debt Ratio

Latest as of December 2025: 0.14x

RLX TECH. SP.ADR/1 CL.A (3CM) has a Cash Flow-to-Debt Ratio of 0.14x as of December 2025, meaning its operating cash flow of €310.22 Million could theoretically repay 0% of its total liabilities (€2.20 Billion) in one year. See 3CM financial flexibility score to measure the company's free cash flow as a share of total liabilities.

CF-to-Debt Ratio

0.14x
Operating CF / Total Liabilities

Operating Cash Flow

€310.22 Million
EUR

Total Liabilities

€2.20 Billion
EUR

Data as of

Dec 2025
Most recent filing

RLX TECH. SP.ADR/1 CL.A Cash Flow-to-Debt Ratio (2021–2025)

Historical debt coverage capacity for RLX TECH. SP.ADR/1 CL.A across 5 annual periods. For the full cash flow conversion analysis, see how efficiently does RLX TECH. SP.ADR/1 CL.A generate cash.

Annual Cash Flow-to-Debt Ratio for RLX TECH. SP.ADR/1 CL.A (2021–2025)

Year-by-year debt coverage analysis for RLX TECH. SP.ADR/1 CL.A. Check RLX TECH. SP.ADR/1 CL.A (3CM) cash flow quality to evaluate the quality of earnings relative to operating cash generation.

Year CF-to-Debt Ratio Operating CF (EUR) Total Liabilities YoY Change
2025 0.50x €1.10 Billion €2.20 Billion ▼ -48.2%
2024 0.97x €854.35 Million €881.10 Million ▲ +249.7%
2023 0.28x €198.70 Million €716.68 Million ▼ -52.2%
2022 0.58x €486.83 Million €838.45 Million ▼ -8.2%
2021 0.63x €1.80 Billion €2.85 Billion
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.