SPAR Group Ltd (SPP) — Cash Flow-to-Debt Ratio
SPAR Group Ltd (SPP) has a Cash Flow-to-Debt Ratio of 0.07x as of September 2025, meaning its operating cash flow of ZAC2.94 Billion could theoretically repay 0% of its total liabilities (ZAC40.91 Billion) in one year. See SPP financial flexibility score 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
SPAR Group Ltd Cash Flow-to-Debt Ratio (2005–2025)
Historical debt coverage capacity for SPAR Group Ltd across 21 annual periods. For the full cash flow conversion analysis, see SPAR Group Ltd operating cash flow efficiency.
Annual Cash Flow-to-Debt Ratio for SPAR Group Ltd (2005–2025)
Year-by-year debt coverage analysis for SPAR Group Ltd. Check SPP cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (ZAC) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.10x | ZAC4.29 Billion | ZAC40.91 Billion | ▲ +47.7% |
| 2024 | 0.07x | ZAC3.47 Billion | ZAC48.88 Billion | ▼ -16.9% |
| 2023 | 0.09x | ZAC4.39 Billion | ZAC51.37 Billion | ▲ +64.6% |
| 2022 | 0.05x | ZAC2.44 Billion | ZAC47.11 Billion | ▲ +27.1% |
| 2021 | 0.04x | ZAC1.78 Billion | ZAC43.69 Billion | ▼ -52.4% |
| 2020 | 0.09x | ZAC3.84 Billion | ZAC44.85 Billion | ▲ +850.1% |
| 2019 | -0.01x | ZAC-303.80 Million | ZAC26.59 Billion | ▼ -114.0% |
| 2018 | 0.08x | ZAC1.98 Billion | ZAC24.15 Billion | ▲ +25.5% |
| 2017 | 0.07x | ZAC1.41 Billion | ZAC21.64 Billion | ▼ -8.5% |
| 2016 | 0.07x | ZAC1.55 Billion | ZAC21.71 Billion | ▼ -10.2% |
| 2015 | 0.08x | ZAC1.27 Billion | ZAC16.00 Billion | ▲ +129.5% |
| 2014 | 0.03x | ZAC481.20 Million | ZAC13.92 Billion | ▲ +151.5% |
| 2013 | -0.07x | ZAC-443.20 Million | ZAC6.61 Billion | ▼ -141.0% |
| 2012 | 0.16x | ZAC1.15 Billion | ZAC7.06 Billion | ▲ +28.8% |
| 2011 | 0.13x | ZAC737.70 Million | ZAC5.81 Billion | ▲ +183.8% |
| 2010 | 0.04x | ZAC238.90 Million | ZAC5.34 Billion | ▼ -4.5% |
| 2009 | 0.05x | ZAC215.40 Million | ZAC4.60 Billion | ▲ +153.6% |
| 2008 | -0.09x | ZAC-379.70 Million | ZAC4.35 Billion | ▼ -137.3% |
| 2007 | 0.23x | ZAC924.70 Million | ZAC3.95 Billion | ▲ +66.2% |
| 2006 | 0.14x | ZAC372.70 Million | ZAC2.64 Billion | ▼ -25.7% |
| 2005 | 0.19x | ZAC370.50 Million | ZAC1.95 Billion | — |