Ambev S.A. (AMNA) — Cash Flow-to-Debt Ratio
Ambev S.A. (AMNA) has a Cash Flow-to-Debt Ratio of 0.24x as of December 2025, meaning its operating cash flow of €13.25 Billion could theoretically repay 0% of its total liabilities (€56.31 Billion) in one year. See AMNA free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Ambev S.A. Cash Flow-to-Debt Ratio (2015–2025)
Historical debt coverage capacity for Ambev S.A. across 11 annual periods. Also explore how fast is Ambev S.A. growing its equity to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Ambev S.A. (2015–2025)
Year-by-year debt coverage analysis for Ambev S.A.. For market capitalisation and broader financial context, see Ambev S.A. stock valuation.
| Year | CF-to-Debt Ratio | Operating CF (EUR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.43x | €24.45 Billion | €56.31 Billion | ▲ +4.7% |
| 2024 | 0.41x | €26.10 Billion | €62.93 Billion | ▼ -11.9% |
| 2023 | 0.47x | €24.71 Billion | €52.50 Billion | ▲ +24.6% |
| 2022 | 0.38x | €20.64 Billion | €54.63 Billion | ▼ -9.9% |
| 2021 | 0.42x | €22.90 Billion | €54.58 Billion | ▲ +11.4% |
| 2020 | 0.38x | €18.86 Billion | €50.05 Billion | ▼ -19.7% |
| 2019 | 0.47x | €18.38 Billion | €39.19 Billion | ▼ -6.5% |
| 2018 | 0.50x | €18.35 Billion | €36.58 Billion | ▲ +9.1% |
| 2017 | 0.46x | €17.87 Billion | €38.87 Billion | ▲ +38.5% |
| 2016 | 0.33x | €12.34 Billion | €37.19 Billion | ▼ -43.9% |
| 2015 | 0.59x | €23.58 Billion | €39.84 Billion | — |