BAE Systems plc Cash Flow-to-Debt Ratio
BAE Systems plc 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. Check BAE Systems plc (BA) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of BAE Systems plc (1991–2025)
Cash flow-to-debt ratio of BAE Systems plc from 1991 to 2025. Historical debt coverage capacity for BAE Systems plc across 35 annual periods. Check how high is BAE Systems plc's earnings quality to evaluate the quality of earnings relative to operating cash generation.
BAE Systems plc Cash Flow-to-Debt Ratio by Year (1991–2025)
BAE Systems plc cash flow-to-debt ratio by year from 1991 to 2025. Year-by-year debt coverage analysis for BAE Systems plc. For the full cash flow conversion analysis, see BAE Systems plc cash conversion from operations.
| 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 | — |