BAE Systems plc (BA) — Cash Flow-to-Debt Ratio
BAE Systems plc (BA) has a Cash Flow-to-Debt Ratio of 0.12x as of December 2025, meaning its operating cash flow of GBX3.16 Billion could theoretically repay 0% of its total liabilities (GBX25.74 Billion) in one year. Explore BAE Systems plc long-term investment allocation to see how much of total assets are deployed in long-term investments.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
BAE Systems plc Cash Flow-to-Debt Ratio (1991–2025)
Historical debt coverage capacity for BAE Systems plc across 35 annual periods. Also explore BAE Systems plc balance sheet assets for the complete picture of this company's asset base.
Annual Cash Flow-to-Debt Ratio for BAE Systems plc (1991–2025)
Year-by-year debt coverage analysis for BAE Systems plc. For market capitalisation and broader financial context, see BA market cap overview.
| Year | CF-to-Debt Ratio | Operating CF (GBX) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.13x | GBX3.30 Billion | GBX25.74 Billion | ▼ -13.9% |
| 2024 | 0.15x | GBX3.92 Billion | GBX26.36 Billion | ▼ -15.5% |
| 2023 | 0.18x | GBX3.76 Billion | GBX21.34 Billion | ▲ +18.3% |
| 2022 | 0.15x | GBX2.84 Billion | GBX19.06 Billion | ▲ +13.6% |
| 2021 | 0.13x | GBX2.45 Billion | GBX18.66 Billion | ▲ +151.3% |
| 2020 | 0.05x | GBX1.17 Billion | GBX22.34 Billion | ▼ -34.6% |
| 2019 | 0.08x | GBX1.60 Billion | GBX20.00 Billion | ▲ +27.3% |
| 2018 | 0.06x | GBX1.20 Billion | GBX19.13 Billion | ▼ -39.5% |
| 2017 | 0.10x | GBX1.90 Billion | GBX18.28 Billion | ▲ +64.7% |
| 2016 | 0.06x | GBX1.23 Billion | GBX19.51 Billion | ▲ +33.2% |
| 2015 | 0.05x | GBX808.00 Million | GBX17.08 Billion | ▲ +26.6% |
| 2014 | 0.04x | GBX669.00 Million | GBX17.91 Billion | ▲ +652.2% |
| 2013 | -0.01x | GBX-110.00 Million | GBX16.26 Billion | ▼ -105.8% |
| 2012 | 0.12x | GBX2.17 Billion | GBX18.50 Billion | ▲ +358.2% |
| 2011 | 0.03x | GBX482.00 Million | GBX18.80 Billion | ▼ -50.4% |
| 2010 | 0.05x | GBX962.00 Million | GBX18.63 Billion | ▼ -34.1% |
| 2009 | 0.08x | GBX1.63 Billion | GBX20.83 Billion | ▼ -8.9% |
| 2008 | 0.09x | GBX1.58 Billion | GBX18.39 Billion | ▼ -35.3% |
| 2007 | 0.13x | GBX1.90 Billion | GBX14.26 Billion | ▲ +264.3% |
| 2006 | 0.04x | GBX512.00 Million | GBX14.01 Billion | ▼ -67.0% |
| 2005 | 0.11x | GBX1.93 Billion | GBX17.43 Billion | ▼ -30.4% |
| 2004 | 0.16x | GBX2.16 Billion | GBX13.60 Billion | ▲ +193.5% |
| 2003 | 0.05x | GBX529.00 Million | GBX9.76 Billion | ▲ +264.3% |
| 2002 | -0.03x | GBX-327.00 Million | GBX9.91 Billion | ▼ -258.2% |
| 2001 | 0.02x | GBX220.00 Million | GBX10.55 Billion | ▼ -86.2% |
| 2000 | 0.15x | GBX1.55 Billion | GBX10.30 Billion | ▲ +631.7% |
| 1999 | 0.02x | GBX206.00 Million | GBX9.99 Billion | ▲ +124.0% |
| 1998 | -0.09x | GBX-603.00 Million | GBX7.02 Billion | ▼ -329.7% |
| 1997 | 0.04x | GBX238.00 Million | GBX6.37 Billion | ▼ -55.6% |
| 1996 | 0.08x | GBX507.00 Million | GBX6.02 Billion | ▲ +1052.8% |
| 1995 | 0.01x | GBX49.00 Million | GBX6.71 Billion | ▲ +115.0% |
| 1994 | -0.05x | GBX-340.00 Million | GBX6.98 Billion | ▼ -427.6% |
| 1993 | 0.01x | GBX138.00 Million | GBX9.29 Billion | ▲ +758.7% |
| 1992 | 0.00x | GBX-20.00 Million | GBX8.86 Billion | ▲ +93.6% |
| 1991 | -0.04x | GBX-255.00 Million | GBX7.20 Billion | — |