SAP SE Cash Flow-to-Debt Ratio
SAP SE cash flow-to-debt ratio. SAP SE (SAPA) 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. Check SAPA cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of SAP SE (2016–2025)
Cash flow-to-debt ratio of SAP SE from 2016 to 2025. Historical debt coverage capacity for SAP SE across 10 annual periods. Check SAP SE cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
SAP SE Cash Flow-to-Debt Ratio by Year (2016–2025)
SAP SE cash flow-to-debt ratio by year from 2016 to 2025. Year-by-year debt coverage analysis for SAP SE. For the full cash flow conversion analysis, see SAP SE operating cash flow efficiency.
| 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 | — |