First Tractor Company Limited (FTP) — Cash Flow-to-Debt Ratio
First Tractor Company Limited (FTP) has a Cash Flow-to-Debt Ratio of 0.11x as of June 2023, meaning its operating cash flow of €799.78 Million could theoretically repay 0% of its total liabilities (€7.20 Billion) in one year. See FTP free cash flow debt coverage 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
First Tractor Company Limited Cash Flow-to-Debt Ratio (2013–2024)
Historical debt coverage capacity for First Tractor Company Limited across 12 annual periods. For the full cash flow conversion analysis, see FTP cash flow metrics.
Annual Cash Flow-to-Debt Ratio for First Tractor Company Limited (2013–2024)
Year-by-year debt coverage analysis for First Tractor Company Limited. Check how high is First Tractor Company Limited's earnings 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 | 0.18x | €1.22 Billion | €6.91 Billion | ▲ +9.9% |
| 2023 | 0.16x | €1.06 Billion | €6.60 Billion | ▼ -71.2% |
| 2022 | 0.56x | €3.60 Billion | €6.49 Billion | ▲ +506.1% |
| 2021 | 0.09x | €582.28 Million | €6.36 Billion | ▼ -46.0% |
| 2020 | 0.17x | €1.25 Billion | €7.37 Billion | ▲ +250.8% |
| 2019 | 0.05x | €330.73 Million | €6.85 Billion | ▲ +206.6% |
| 2018 | -0.05x | €-384.40 Million | €8.48 Billion | ▲ +29.4% |
| 2017 | -0.06x | €-556.31 Million | €8.66 Billion | ▼ -123.6% |
| 2016 | 0.27x | €2.09 Billion | €7.71 Billion | ▲ +235.3% |
| 2015 | 0.08x | €637.80 Million | €7.87 Billion | ▲ +661.1% |
| 2014 | 0.01x | €74.87 Million | €7.03 Billion | ▲ +148.4% |
| 2013 | -0.02x | €-141.52 Million | €6.44 Billion | — |