Shell plc (SHEL) — Cash Flow-to-Debt Ratio
Shell plc (SHEL) has a Cash Flow-to-Debt Ratio of 0.05x as of December 2025, meaning its operating cash flow of GBX8.80 Billion could theoretically repay 0% of its total liabilities (GBX195.10 Billion) in one year. See Shell plc (SHEL) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Shell plc Cash Flow-to-Debt Ratio (1998–2025)
Historical debt coverage capacity for Shell plc across 28 annual periods. Also explore net asset momentum of Shell plc to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Shell plc (1998–2025)
Year-by-year debt coverage analysis for Shell plc. For market capitalisation and broader financial context, see Shell plc market cap and net worth.
| Year | CF-to-Debt Ratio | Operating CF (GBX) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.21x | GBX41.57 Billion | GBX195.10 Billion | ▼ -19.2% |
| 2024 | 0.26x | GBX54.69 Billion | GBX207.44 Billion | ▲ +6.0% |
| 2023 | 0.25x | GBX54.19 Billion | GBX217.91 Billion | ▼ -9.0% |
| 2022 | 0.27x | GBX68.41 Billion | GBX250.43 Billion | ▲ +38.7% |
| 2021 | 0.20x | GBX45.10 Billion | GBX229.05 Billion | ▲ +27.4% |
| 2020 | 0.15x | GBX34.10 Billion | GBX220.73 Billion | ▼ -21.7% |
| 2019 | 0.20x | GBX42.18 Billion | GBX213.87 Billion | ▼ -26.9% |
| 2018 | 0.27x | GBX53.09 Billion | GBX196.66 Billion | ▲ +58.5% |
| 2017 | 0.17x | GBX35.65 Billion | GBX209.28 Billion | ▲ +84.1% |
| 2016 | 0.09x | GBX20.61 Billion | GBX222.76 Billion | ▼ -45.4% |
| 2015 | 0.17x | GBX29.81 Billion | GBX176.04 Billion | ▼ -32.2% |
| 2014 | 0.25x | GBX45.04 Billion | GBX180.33 Billion | ▲ +8.9% |
| 2013 | 0.23x | GBX40.44 Billion | GBX176.36 Billion | ▼ -13.5% |
| 2012 | 0.27x | GBX46.14 Billion | GBX174.11 Billion | ▲ +25.6% |
| 2011 | 0.21x | GBX36.77 Billion | GBX174.25 Billion | ▲ +33.3% |
| 2010 | 0.16x | GBX27.35 Billion | GBX172.78 Billion | ▲ +13.5% |
| 2009 | 0.14x | GBX21.49 Billion | GBX154.05 Billion | ▼ -35.4% |
| 2008 | 0.22x | GBX33.15 Billion | GBX153.53 Billion | ▼ -7.2% |
| 2007 | 0.23x | GBX33.38 Billion | GBX143.50 Billion | ▼ -8.5% |
| 2006 | 0.25x | GBX30.58 Billion | GBX120.33 Billion | ▲ +7.5% |
| 2005 | 0.24x | GBX28.74 Billion | GBX121.59 Billion | ▲ +5.6% |
| 2004 | 0.22x | GBX21.50 Billion | GBX96.06 Billion | ▼ -8.9% |
| 2003 | 0.25x | GBX21.72 Billion | GBX88.39 Billion | ▲ +29.6% |
| 2002 | 0.19x | GBX16.28 Billion | GBX85.85 Billion | ▼ -45.8% |
| 2001 | 0.35x | GBX16.93 Billion | GBX48.43 Billion | ▲ +19.1% |
| 2000 | 0.29x | GBX18.36 Billion | GBX62.53 Billion | ▲ +45.7% |
| 1999 | 0.20x | GBX11.06 Billion | GBX54.87 Billion | ▼ -28.3% |
| 1998 | 0.28x | GBX14.73 Billion | GBX52.41 Billion | — |