adidas AG (ADS1) — Cash Flow-to-Debt Ratio
adidas AG (ADS1) has a Cash Flow-to-Debt Ratio of 0.07x as of June 2026, meaning its operating cash flow of €994.00 Million could theoretically repay 0% of its total liabilities (€14.71 Billion) in one year. See how financially flexible is adidas AG 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
adidas AG Cash Flow-to-Debt Ratio (2016–2025)
Historical debt coverage capacity for adidas AG across 10 annual periods. For the full cash flow conversion analysis, see adidas AG cash conversion from operations.
Annual Cash Flow-to-Debt Ratio for adidas AG (2016–2025)
Year-by-year debt coverage analysis for adidas AG. Check adidas AG (ADS1) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (EUR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.05x | €751.00 Million | €14.14 Billion | ▼ -73.0% |
| 2024 | 0.20x | €2.91 Billion | €14.79 Billion | ▲ +1.1% |
| 2023 | 0.19x | €2.55 Billion | €13.10 Billion | ▲ +636.0% |
| 2022 | -0.04x | €-543.00 Million | €14.95 Billion | ▼ -116.3% |
| 2021 | 0.22x | €3.19 Billion | €14.30 Billion | ▲ +115.7% |
| 2020 | 0.10x | €1.49 Billion | €14.36 Billion | ▼ -50.0% |
| 2019 | 0.21x | €2.82 Billion | €13.62 Billion | ▼ -28.8% |
| 2018 | 0.29x | €2.69 Billion | €9.25 Billion | ▲ +42.5% |
| 2017 | 0.20x | €1.65 Billion | €8.09 Billion | ▲ +31.8% |
| 2016 | 0.15x | €1.35 Billion | €8.72 Billion | — |