Daqo New Energy Corp (5DQ2) — Cash Flow-to-Debt Ratio
Daqo New Energy Corp (5DQ2) has a Cash Flow-to-Debt Ratio of -0.33x as of March 2026, meaning its operating cash flow of €-147.51 Million could theoretically repay 0% of its total liabilities (€449.58 Million) in one year. See 5DQ2 FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Daqo New Energy Corp Cash Flow-to-Debt Ratio (2017–2024)
Historical debt coverage capacity for Daqo New Energy Corp across 8 annual periods. For the full cash flow conversion analysis, see 5DQ2 cash generation efficiency.
Annual Cash Flow-to-Debt Ratio for Daqo New Energy Corp (2017–2024)
Year-by-year debt coverage analysis for Daqo New Energy Corp. Check Daqo New Energy Corp (5DQ2) 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 |
|---|---|---|---|---|
| 2024 | -0.78x | €-435.42 Million | €560.38 Million | ▼ -147.1% |
| 2023 | 1.65x | €1.62 Billion | €978.58 Million | ▼ -36.5% |
| 2022 | 2.60x | €2.47 Billion | €948.24 Million | ▲ +173.8% |
| 2021 | 0.95x | €638.99 Million | €672.53 Million | ▲ +99.5% |
| 2020 | 0.48x | €209.70 Million | €440.23 Million | ▲ +66.9% |
| 2019 | 0.29x | €180.99 Million | €634.20 Million | ▼ -1.5% |
| 2018 | 0.29x | €95.55 Million | €329.80 Million | ▼ -28.1% |
| 2017 | 0.40x | €142.70 Million | €354.25 Million | — |