Applied Materials Inc (AMAT) — Cash Flow-to-Debt Ratio
Applied Materials Inc (AMAT) has a Cash Flow-to-Debt Ratio of 0.05x as of April 2026, meaning its operating cash flow of $843.00 Million could theoretically repay 0% of its total liabilities ($16.38 Billion) in one year. See Applied Materials Inc (AMAT) financial flexibility to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Applied Materials Inc Cash Flow-to-Debt Ratio (1989–2025)
Historical debt coverage capacity for Applied Materials Inc across 37 annual periods. For the full cash flow conversion analysis, see Applied Materials Inc cash conversion from operations.
Annual Cash Flow-to-Debt Ratio for Applied Materials Inc (1989–2025)
Year-by-year debt coverage analysis for Applied Materials Inc. Check earnings quality score of Applied Materials Inc to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.50x | $7.96 Billion | $15.88 Billion | ▼ -11.0% |
| 2024 | 0.56x | $8.68 Billion | $15.41 Billion | ▼ -6.9% |
| 2023 | 0.61x | $8.70 Billion | $14.38 Billion | ▲ +62.8% |
| 2022 | 0.37x | $5.40 Billion | $14.53 Billion | ▼ -7.3% |
| 2021 | 0.40x | $5.44 Billion | $13.58 Billion | ▲ +24.1% |
| 2020 | 0.32x | $3.80 Billion | $11.78 Billion | ▲ +7.6% |
| 2019 | 0.30x | $3.25 Billion | $10.81 Billion | ▼ -13.3% |
| 2018 | 0.35x | $3.79 Billion | $10.93 Billion | ▼ -3.4% |
| 2017 | 0.36x | $3.61 Billion | $10.07 Billion | ▲ +7.1% |
| 2016 | 0.33x | $2.47 Billion | $7.37 Billion | ▲ +121.4% |
| 2015 | 0.15x | $1.16 Billion | $7.70 Billion | ▼ -55.7% |
| 2014 | 0.34x | $1.80 Billion | $5.27 Billion | ▲ +171.6% |
| 2013 | 0.13x | $623.00 Million | $4.96 Billion | ▼ -66.9% |
| 2012 | 0.38x | $1.85 Billion | $4.87 Billion | ▼ -20.7% |
| 2011 | 0.48x | $2.43 Billion | $5.06 Billion | ▼ -5.2% |
| 2010 | 0.51x | $1.72 Billion | $3.41 Billion | ▲ +276.1% |
| 2009 | 0.13x | $333.38 Million | $2.48 Billion | ▼ -72.8% |
| 2008 | 0.49x | $1.71 Billion | $3.46 Billion | ▼ -36.6% |
| 2007 | 0.78x | $2.21 Billion | $2.83 Billion | ▲ +14.0% |
| 2006 | 0.68x | $1.94 Billion | $2.83 Billion | ▲ +28.4% |
| 2005 | 0.53x | $1.25 Billion | $2.34 Billion | ▼ -7.3% |
| 2004 | 0.57x | $1.63 Billion | $2.83 Billion | ▲ +60.8% |
| 2003 | 0.36x | $801.75 Million | $2.24 Billion | ▲ +60.1% |
| 2002 | 0.22x | $492.14 Million | $2.21 Billion | ▼ -68.6% |
| 2001 | 0.71x | $1.58 Billion | $2.22 Billion | ▲ +48.2% |
| 2000 | 0.48x | $1.65 Billion | $3.44 Billion | ▲ +5.3% |
| 1999 | 0.46x | $1.08 Billion | $2.37 Billion | ▲ +1.0% |
| 1998 | 0.45x | $816.40 Million | $1.81 Billion | ▲ +36.9% |
| 1997 | 0.33x | $701.70 Million | $2.13 Billion | ▼ -39.6% |
| 1996 | 0.55x | $692.00 Million | $1.27 Billion | ▲ +352.1% |
| 1995 | 0.12x | $142.70 Million | $1.18 Billion | ▼ -19.9% |
| 1994 | 0.15x | $111.00 Million | $736.40 Million | ▼ -32.8% |
| 1993 | 0.22x | $117.00 Million | $521.40 Million | ▲ +43.9% |
| 1992 | 0.16x | $59.20 Million | $379.70 Million | ▲ +34.0% |
| 1991 | 0.12x | $39.00 Million | $335.30 Million | ▼ -29.3% |
| 1990 | 0.16x | $42.40 Million | $257.70 Million | ▲ +91.8% |
| 1989 | 0.09x | $15.40 Million | $179.50 Million | — |