British American Tobacco PLC (BATS) — Cash Flow-to-Debt Ratio
British American Tobacco PLC (BATS) has a Cash Flow-to-Debt Ratio of 0.06x as of December 2025, meaning its operating cash flow of GBX3.40 Billion could theoretically repay 0% of its total liabilities (GBX61.15 Billion) in one year. Check BATS cash flow 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
British American Tobacco PLC Cash Flow-to-Debt Ratio (1995–2025)
Historical debt coverage capacity for British American Tobacco PLC across 31 annual periods. Also explore BATS total asset value for the complete picture of this company's asset base.
Annual Cash Flow-to-Debt Ratio for British American Tobacco PLC (1995–2025)
Year-by-year debt coverage analysis for British American Tobacco PLC. For market capitalisation and broader financial context, see BATS stock market capitalisation.
| Year | CF-to-Debt Ratio | Operating CF (GBX) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.08x | GBX4.91 Billion | GBX61.15 Billion | ▼ -45.3% |
| 2024 | 0.15x | GBX10.12 Billion | GBX68.90 Billion | ▼ -9.8% |
| 2023 | 0.16x | GBX10.71 Billion | GBX65.78 Billion | ▲ +22.0% |
| 2022 | 0.13x | GBX10.39 Billion | GBX77.84 Billion | ▼ -3.9% |
| 2021 | 0.14x | GBX9.72 Billion | GBX69.96 Billion | ▲ +6.1% |
| 2020 | 0.13x | GBX9.79 Billion | GBX74.73 Billion | ▲ +11.9% |
| 2019 | 0.12x | GBX9.00 Billion | GBX76.84 Billion | ▼ -8.3% |
| 2018 | 0.13x | GBX10.29 Billion | GBX80.65 Billion | ▲ +91.0% |
| 2017 | 0.07x | GBX5.35 Billion | GBX80.01 Billion | ▼ -54.5% |
| 2016 | 0.15x | GBX4.61 Billion | GBX31.37 Billion | ▼ -17.5% |
| 2015 | 0.18x | GBX4.72 Billion | GBX26.48 Billion | ▼ -2.4% |
| 2014 | 0.18x | GBX3.72 Billion | GBX20.35 Billion | ▼ -17.9% |
| 2013 | 0.22x | GBX4.44 Billion | GBX19.95 Billion | ▼ -1.8% |
| 2012 | 0.23x | GBX4.43 Billion | GBX19.55 Billion | ▲ +7.2% |
| 2011 | 0.21x | GBX3.94 Billion | GBX18.64 Billion | ▼ -1.8% |
| 2010 | 0.22x | GBX3.94 Billion | GBX18.31 Billion | ▲ +26.7% |
| 2009 | 0.17x | GBX3.17 Billion | GBX18.70 Billion | ▲ +5.8% |
| 2008 | 0.16x | GBX3.26 Billion | GBX20.34 Billion | ▼ -17.2% |
| 2007 | 0.19x | GBX2.26 Billion | GBX11.68 Billion | ▲ +14.5% |
| 2006 | 0.17x | GBX1.88 Billion | GBX11.09 Billion | ▲ +2.9% |
| 2005 | 0.16x | GBX2.00 Billion | GBX12.17 Billion | ▲ +43.3% |
| 2004 | 0.11x | GBX1.34 Billion | GBX11.66 Billion | ▲ +35.7% |
| 2003 | 0.08x | GBX1.21 Billion | GBX14.27 Billion | ▼ -5.2% |
| 2002 | 0.09x | GBX967.00 Million | GBX10.83 Billion | ▼ -12.2% |
| 2001 | 0.10x | GBX1.24 Billion | GBX12.15 Billion | ▲ +15.0% |
| 2000 | 0.09x | GBX1.08 Billion | GBX12.22 Billion | ▼ -4.6% |
| 1999 | 0.09x | GBX1.01 Billion | GBX10.96 Billion | ▲ +296.6% |
| 1998 | 0.02x | GBX165.00 Million | GBX7.07 Billion | ▼ -44.1% |
| 1997 | 0.04x | GBX347.00 Million | GBX8.30 Billion | ▼ -37.9% |
| 1996 | 0.07x | GBX475.00 Million | GBX7.06 Billion | ▼ -11.4% |
| 1995 | 0.08x | GBX546.00 Million | GBX7.19 Billion | — |