Apple Inc (AAPL) — Cash Flow-to-Debt Ratio
Latest as of December 2025:
0.19x
Apple Inc (AAPL) has a Cash Flow-to-Debt Ratio of 0.19x as of December 2025, meaning its operating cash flow of $53.92 Billion could theoretically repay 0% of its total liabilities ($291.11 Billion) in one year. See AAPL FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
0.19x
Operating CF / Total Liabilities
Operating Cash Flow
$53.92 Billion
USD
Total Liabilities
$291.11 Billion
USD
Data as of
Dec 2025
Most recent filing
Apple Inc Cash Flow-to-Debt Ratio (1989–2025)
Historical debt coverage capacity for Apple Inc across 37 annual periods. Also explore AAPL net asset momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Apple Inc (1989–2025)
Year-by-year debt coverage analysis for Apple Inc. For market capitalisation and broader financial context, see AAPL market cap.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.39x | $111.48 Billion | $285.51 Billion | ▲ +1.7% |
| 2024 | 0.38x | $118.25 Billion | $308.03 Billion | ▲ +0.9% |
| 2023 | 0.38x | $110.54 Billion | $290.44 Billion | ▼ -5.9% |
| 2022 | 0.40x | $122.15 Billion | $302.08 Billion | ▲ +11.9% |
| 2021 | 0.36x | $104.04 Billion | $287.91 Billion | ▲ +15.8% |
| 2020 | 0.31x | $80.67 Billion | $258.55 Billion | ▲ +11.5% |
| 2019 | 0.28x | $69.39 Billion | $248.03 Billion | ▼ -6.6% |
| 2018 | 0.30x | $77.43 Billion | $258.58 Billion | ▲ +13.6% |
| 2017 | 0.26x | $63.60 Billion | $241.27 Billion | ▼ -22.5% |
| 2016 | 0.34x | $65.82 Billion | $193.44 Billion | ▼ -28.3% |
| 2015 | 0.47x | $81.27 Billion | $171.12 Billion | ▼ -4.3% |
| 2014 | 0.50x | $59.71 Billion | $120.29 Billion | ▼ -22.8% |
| 2013 | 0.64x | $53.67 Billion | $83.45 Billion | ▼ -26.8% |
| 2012 | 0.88x | $50.86 Billion | $57.85 Billion | ▼ -6.9% |
| 2011 | 0.94x | $37.53 Billion | $39.76 Billion | ▲ +39.1% |
| 2010 | 0.68x | $18.59 Billion | $27.39 Billion | ▲ +73.9% |
| 2009 | 0.39x | $10.16 Billion | $26.02 Billion | ▼ -24.6% |
| 2008 | 0.52x | $9.60 Billion | $18.54 Billion | ▲ +2.3% |
| 2007 | 0.51x | $5.47 Billion | $10.81 Billion | ▲ +64.5% |
| 2006 | 0.31x | $2.22 Billion | $7.22 Billion | ▼ -50.5% |
| 2005 | 0.62x | $2.54 Billion | $4.08 Billion | ▲ +97.6% |
| 2004 | 0.31x | $934.00 Million | $2.97 Billion | ▲ +181.7% |
| 2003 | 0.11x | $289.00 Million | $2.59 Billion | ▲ +176.0% |
| 2002 | 0.04x | $89.00 Million | $2.20 Billion | ▼ -54.1% |
| 2001 | 0.09x | $185.00 Million | $2.10 Billion | ▼ -71.3% |
| 2000 | 0.31x | $826.00 Million | $2.70 Billion | ▼ -21.0% |
| 1999 | 0.39x | $798.00 Million | $2.06 Billion | ▲ +32.5% |
| 1998 | 0.29x | $775.00 Million | $2.65 Billion | ▲ +372.3% |
| 1997 | 0.06x | $188.00 Million | $3.03 Billion | ▼ -60.5% |
| 1996 | 0.16x | $519.00 Million | $3.31 Billion | ▲ +317.8% |
| 1995 | -0.07x | $-240.00 Million | $3.33 Billion | ▼ -128.5% |
| 1994 | 0.25x | $737.00 Million | $2.92 Billion | ▲ +220.0% |
| 1993 | -0.21x | $-661.80 Million | $3.15 Billion | ▼ -148.5% |
| 1992 | 0.43x | $883.70 Million | $2.04 Billion | ▲ +482.3% |
| 1991 | 0.07x | $128.70 Million | $1.73 Billion | ▼ -88.2% |
| 1990 | 0.63x | $963.90 Million | $1.53 Billion | ▲ +56.4% |
| 1989 | 0.40x | $507.30 Million | $1.26 Billion | — |
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.