FORCS Co.Ltd (189690) — Cash Flow-to-Debt Ratio
FORCS Co.Ltd (189690) has a Cash Flow-to-Debt Ratio of 0.46x as of September 2025, meaning its operating cash flow of ₩2.53 Billion could theoretically repay 0% of its total liabilities (₩5.51 Billion) in one year. See 189690 FCF to total liabilities ratio 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
FORCS Co.Ltd Cash Flow-to-Debt Ratio (2014–2025)
Historical debt coverage capacity for FORCS Co.Ltd across 12 annual periods. For the full cash flow conversion analysis, see FORCS Co.Ltd cash conversion from operations.
Annual Cash Flow-to-Debt Ratio for FORCS Co.Ltd (2014–2025)
Year-by-year debt coverage analysis for FORCS Co.Ltd. Check how high is FORCS Co.Ltd's earnings quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (KRW) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 1.20x | ₩6.65 Billion | ₩5.54 Billion | ▼ -28.3% |
| 2024 | 1.68x | ₩7.17 Billion | ₩4.28 Billion | ▲ +6.8% |
| 2023 | 1.57x | ₩5.31 Billion | ₩3.38 Billion | ▲ +0.7% |
| 2022 | 1.56x | ₩6.35 Billion | ₩4.07 Billion | ▲ +22.9% |
| 2021 | 1.27x | ₩5.17 Billion | ₩4.07 Billion | ▼ -49.2% |
| 2020 | 2.50x | ₩6.34 Billion | ₩2.53 Billion | ▲ +103.9% |
| 2019 | 1.23x | ₩3.19 Billion | ₩2.60 Billion | ▼ -53.9% |
| 2018 | 2.66x | ₩5.50 Billion | ₩2.07 Billion | ▼ -10.1% |
| 2017 | 2.96x | ₩2.86 Billion | ₩968.43 Million | ▼ -2.4% |
| 2016 | 3.03x | ₩4.15 Billion | ₩1.37 Billion | ▲ +21.0% |
| 2015 | 2.50x | ₩4.00 Billion | ₩1.60 Billion | ▼ -14.3% |
| 2014 | 2.92x | ₩3.34 Billion | ₩1.14 Billion | — |