Zhejiang Expressway Co. Ltd (ZHJ) — Cash Flow-to-Debt Ratio

Latest as of December 2023: 0.01x

Zhejiang Expressway Co. Ltd (ZHJ) has a Cash Flow-to-Debt Ratio of 0.01x as of December 2023, meaning its operating cash flow of €1.10 Billion could theoretically repay 0% of its total liabilities (€147.33 Billion) in one year. See Zhejiang Expressway Co. Ltd (ZHJ) flexibility index to measure the company's free cash flow as a share of total liabilities.

CF-to-Debt Ratio

0.01x
Operating CF / Total Liabilities

Operating Cash Flow

€1.10 Billion
EUR

Total Liabilities

€147.33 Billion
EUR

Data as of

Dec 2023
Most recent filing

Zhejiang Expressway Co. Ltd Cash Flow-to-Debt Ratio (2013–2025)

Historical debt coverage capacity for Zhejiang Expressway Co. Ltd across 13 annual periods. For the full cash flow conversion analysis, see ZHJ cash generation efficiency.

Annual Cash Flow-to-Debt Ratio for Zhejiang Expressway Co. Ltd (2013–2025)

Year-by-year debt coverage analysis for Zhejiang Expressway Co. Ltd. Check Zhejiang Expressway Co. Ltd earnings quality 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 0.02x €4.20 Billion €200.36 Billion ▼ -66.9%
2024 0.06x €9.08 Billion €143.48 Billion ▼ -5.0%
2023 0.07x €9.81 Billion €147.36 Billion ▲ +18.7%
2022 0.06x €7.64 Billion €136.20 Billion ▲ +162.1%
2021 0.02x €2.82 Billion €131.87 Billion ▲ +1482.3%
2020 0.00x €125.29 Million €92.61 Billion ▼ -74.3%
2019 0.01x €382.75 Million €72.59 Billion ▼ -92.2%
2018 0.07x €3.22 Billion €47.81 Billion ▲ +460.4%
2017 -0.02x €-829.67 Million €44.45 Billion ▼ -119.6%
2016 0.10x €4.72 Billion €49.59 Billion ▲ +284.5%
2015 -0.05x €-2.68 Billion €51.89 Billion ▼ -146.5%
2014 0.11x €3.76 Billion €33.86 Billion ▲ +40.6%
2013 0.08x €979.98 Million €12.42 Billion
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.