Banco Santander S.A. (SAN) — Cash Flow-to-Debt Ratio
Banco Santander S.A. (SAN) has a Cash Flow-to-Debt Ratio of 0.05x as of December 2025, meaning its operating cash flow of €80.93 Billion could theoretically repay 0% of its total liabilities (€1.75 Trillion) in one year. See Banco Santander S.A. free cash flow ratio 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
Banco Santander S.A. Cash Flow-to-Debt Ratio (1991–2025)
Historical debt coverage capacity for Banco Santander S.A. across 28 annual periods. Also explore Banco Santander S.A. annual equity growth to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Banco Santander S.A. (1991–2025)
Year-by-year debt coverage analysis for Banco Santander S.A.. For market capitalisation and broader financial context, see SAN market cap overview.
| Year | CF-to-Debt Ratio | Operating CF (EUR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.05x | €83.53 Billion | €1.75 Trillion | ▲ +440.9% |
| 2024 | -0.01x | €-24.16 Billion | €1.73 Trillion | ▼ -129.3% |
| 2023 | 0.05x | €80.56 Billion | €1.69 Trillion | ▲ +181.2% |
| 2022 | 0.02x | €27.71 Billion | €1.64 Trillion | ▼ -55.3% |
| 2021 | 0.04x | €56.69 Billion | €1.50 Trillion | ▼ -19.0% |
| 2020 | 0.05x | €66.15 Billion | €1.42 Trillion | ▲ +1845.3% |
| 2019 | 0.00x | €3.39 Billion | €1.41 Trillion | ▼ -5.0% |
| 2018 | 0.00x | €3.42 Billion | €1.35 Trillion | ▼ -91.6% |
| 2017 | 0.03x | €40.19 Billion | €1.34 Trillion | ▲ +70.2% |
| 2016 | 0.02x | €21.82 Billion | €1.24 Trillion | ▲ +70.4% |
| 2015 | 0.01x | €12.86 Billion | €1.24 Trillion | ▲ +409.3% |
| 2014 | 0.00x | €-3.94 Billion | €1.18 Trillion | ▲ +90.0% |
| 2013 | -0.03x | €-34.85 Billion | €1.04 Trillion | ▼ -264.4% |
| 2012 | 0.02x | €24.32 Billion | €1.19 Trillion | ▼ -33.6% |
| 2011 | 0.03x | €35.99 Billion | €1.17 Trillion | ▼ -32.5% |
| 2010 | 0.05x | €51.87 Billion | €1.14 Trillion | ▲ +362.3% |
| 2009 | -0.02x | €-18.04 Billion | €1.04 Trillion | ▼ -208.8% |
| 2008 | 0.02x | €15.83 Billion | €989.63 Billion | ▼ -56.8% |
| 2007 | 0.04x | €31.65 Billion | €855.36 Billion | ▲ +155.8% |
| 2006 | -0.07x | €-52.14 Billion | €786.80 Billion | ▼ -48.7% |
| 2005 | -0.04x | €-34.27 Billion | €768.97 Billion | ▼ -107.0% |
| 2004 | -0.02x | €-13.52 Billion | €627.99 Billion | ▼ -113.2% |
| 1996 | 0.16x | €1.56 Billion | €9.54 Billion | ▲ +10.3% |
| 1995 | 0.15x | €1.07 Billion | €7.21 Billion | ▲ +15.2% |
| 1994 | 0.13x | €856.23 Million | €6.66 Billion | ▲ +407.1% |
| 1993 | 0.03x | €1.57 Billion | €61.91 Billion | ▲ +37.3% |
| 1992 | 0.02x | €884.32 Million | €47.94 Billion | ▼ -28.6% |
| 1991 | 0.03x | €1.10 Billion | €42.55 Billion | — |