SAP SE (SAP) — Cash Flow-to-Debt Ratio
Latest as of March 2026:
0.12x
SAP SE (SAP) has a Cash Flow-to-Debt Ratio of 0.12x as of March 2026, meaning its operating cash flow of €3.51 Billion could theoretically repay 0% of its total liabilities (€28.10 Billion) in one year. See SAP FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
0.12x
Operating CF / Total Liabilities
Operating Cash Flow
€3.51 Billion
EUR
Total Liabilities
€28.10 Billion
EUR
Data as of
Mar 2026
Most recent filing
SAP SE Cash Flow-to-Debt Ratio (2013–2025)
Historical debt coverage capacity for SAP SE across 13 annual periods. For the full cash flow conversion analysis, see SAP cash flow conversion.
Annual Cash Flow-to-Debt Ratio for SAP SE (2013–2025)
Year-by-year debt coverage analysis for SAP SE. Check SAP cash to 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 | 0.36x | €9.16 Billion | €25.29 Billion | ▲ +96.9% |
| 2024 | 0.18x | €5.21 Billion | €28.31 Billion | ▼ -28.5% |
| 2023 | 0.26x | €6.41 Billion | €24.93 Billion | ▲ +33.4% |
| 2022 | 0.19x | €5.65 Billion | €29.31 Billion | ▼ -8.2% |
| 2021 | 0.21x | €6.22 Billion | €29.65 Billion | ▼ -16.7% |
| 2020 | 0.25x | €7.19 Billion | €28.55 Billion | ▲ +111.8% |
| 2019 | 0.12x | €3.50 Billion | €29.39 Billion | ▼ -37.5% |
| 2018 | 0.19x | €4.30 Billion | €22.61 Billion | ▼ -36.0% |
| 2017 | 0.30x | €5.04 Billion | €16.96 Billion | ▲ +14.9% |
| 2016 | 0.26x | €4.63 Billion | €17.88 Billion | ▲ +28.7% |
| 2015 | 0.20x | €3.64 Billion | €18.09 Billion | ▲ +9.4% |
| 2014 | 0.18x | €3.50 Billion | €19.03 Billion | ▼ -47.0% |
| 2013 | 0.35x | €3.83 Billion | €11.04 Billion | — |
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.