Nine Dragons Paper (Holdings) Limited (N3Y) — Cash Flow-to-Debt Ratio

Latest as of June 2023: 0.03x

Nine Dragons Paper (Holdings) Limited (N3Y) has a Cash Flow-to-Debt Ratio of 0.03x as of June 2023, meaning its operating cash flow of €2.10 Billion could theoretically repay 0% of its total liabilities (€75.51 Billion) in one year. See Nine Dragons Paper (Holdings) Limited free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.

CF-to-Debt Ratio

0.03x
Operating CF / Total Liabilities

Operating Cash Flow

€2.10 Billion
EUR

Total Liabilities

€75.51 Billion
EUR

Data as of

Jun 2023
Most recent filing

Nine Dragons Paper (Holdings) Limited Cash Flow-to-Debt Ratio (2014–2024)

Historical debt coverage capacity for Nine Dragons Paper (Holdings) Limited across 11 annual periods. For the full cash flow conversion analysis, see Nine Dragons Paper (Holdings) Limited (N3Y) cash flow conversion.

Annual Cash Flow-to-Debt Ratio for Nine Dragons Paper (Holdings) Limited (2014–2024)

Year-by-year debt coverage analysis for Nine Dragons Paper (Holdings) Limited. Check Nine Dragons Paper (Holdings) Limited (N3Y) 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 -0.01x €-794.20 Million €89.89 Billion ▼ -109.6%
2023 0.09x €6.92 Billion €75.51 Billion ▲ +80.3%
2022 0.05x €3.03 Billion €59.58 Billion ▼ -7.5%
2021 0.05x €2.52 Billion €45.78 Billion ▼ -76.3%
2020 0.23x €8.95 Billion €38.52 Billion ▲ +11.3%
2019 0.21x €8.94 Billion €42.86 Billion ▲ +3.3%
2018 0.20x €8.40 Billion €41.58 Billion ▲ +107.5%
2017 0.10x €3.51 Billion €36.08 Billion ▼ -38.4%
2016 0.16x €6.46 Billion €40.87 Billion ▲ +11.4%
2015 0.14x €5.61 Billion €39.51 Billion ▲ +72.7%
2014 0.08x €3.48 Billion €42.38 Billion
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.