Applied Materials Inc (AMAT) — Cash Flow-to-Debt Ratio
Applied Materials Inc (AMAT) has a Cash Flow-to-Debt Ratio of 0.11x as of January 2026, meaning its operating cash flow of $1.69 Billion could theoretically repay 0% of its total liabilities ($15.93 Billion) in one year. See AMAT cash flow after capex 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
Applied Materials Inc Cash Flow-to-Debt Ratio (1989–2025)
Historical debt coverage capacity for Applied Materials Inc across 37 annual periods. Also explore AMAT net asset momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Applied Materials Inc (1989–2025)
Year-by-year debt coverage analysis for Applied Materials Inc. For market capitalisation and broader financial context, see AMAT stock market capitalisation.
| 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 | — |