Amgen Inc Cash Flow-to-Debt Ratio
Amgen Inc cash flow-to-debt ratio. Amgen Inc (AMGN) has a Cash Flow-to-Debt Ratio of 0.02x as of December 2025, meaning its operating cash flow of $1.60 Billion could theoretically repay 0% of its total liabilities ($81.93 Billion) in one year. Check AMGN total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Amgen Inc (1988–2025)
Cash flow-to-debt ratio of Amgen Inc from 1988 to 2025. Historical debt coverage capacity for Amgen Inc across 38 annual periods. Check Amgen Inc (AMGN) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Amgen Inc Cash Flow-to-Debt Ratio by Year (1988–2025)
Amgen Inc cash flow-to-debt ratio by year from 1988 to 2025. Year-by-year debt coverage analysis for Amgen Inc. For the full cash flow conversion analysis, see Amgen Inc (AMGN) cash conversion ratio.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.12x | $9.96 Billion | $81.93 Billion | ▼ -9.1% |
| 2024 | 0.13x | $11.49 Billion | $85.96 Billion | ▲ +43.5% |
| 2023 | 0.09x | $8.47 Billion | $90.92 Billion | ▼ -41.1% |
| 2022 | 0.16x | $9.72 Billion | $61.46 Billion | ▼ -7.0% |
| 2021 | 0.17x | $9.26 Billion | $54.47 Billion | ▼ -13.3% |
| 2020 | 0.20x | $10.50 Billion | $53.54 Billion | ▲ +7.2% |
| 2019 | 0.18x | $9.15 Billion | $50.03 Billion | ▼ -12.7% |
| 2018 | 0.21x | $11.30 Billion | $53.92 Billion | ▲ +2.6% |
| 2017 | 0.20x | $11.18 Billion | $54.71 Billion | ▼ -5.8% |
| 2016 | 0.22x | $10.35 Billion | $47.75 Billion | ▲ +3.6% |
| 2015 | 0.21x | $9.08 Billion | $43.37 Billion | ▲ +5.8% |
| 2014 | 0.20x | $8.55 Billion | $43.23 Billion | ▲ +38.5% |
| 2013 | 0.14x | $6.29 Billion | $44.03 Billion | ▼ -14.4% |
| 2012 | 0.17x | $5.88 Billion | $35.24 Billion | ▼ -2.7% |
| 2011 | 0.17x | $5.12 Billion | $29.84 Billion | ▼ -42.1% |
| 2010 | 0.30x | $5.79 Billion | $19.54 Billion | ▼ -20.7% |
| 2009 | 0.37x | $6.34 Billion | $16.96 Billion | ▲ +0.2% |
| 2008 | 0.37x | $5.99 Billion | $16.06 Billion | ▲ +15.8% |
| 2007 | 0.32x | $5.40 Billion | $16.77 Billion | ▼ -11.4% |
| 2006 | 0.36x | $5.39 Billion | $14.82 Billion | ▼ -34.5% |
| 2005 | 0.56x | $4.91 Billion | $8.85 Billion | ▲ +42.9% |
| 2004 | 0.39x | $3.70 Billion | $9.52 Billion | ▼ -26.8% |
| 2003 | 0.53x | $3.57 Billion | $6.72 Billion | ▲ +45.5% |
| 2002 | 0.36x | $2.25 Billion | $6.17 Billion | ▼ -69.8% |
| 2001 | 1.21x | $1.48 Billion | $1.23 Billion | ▼ -19.8% |
| 2000 | 1.51x | $1.63 Billion | $1.09 Billion | ▲ +47.7% |
| 1999 | 1.02x | $1.08 Billion | $1.05 Billion | ▲ +8.7% |
| 1998 | 0.94x | $1.04 Billion | $1.11 Billion | ▲ +0.9% |
| 1997 | 0.93x | $902.90 Million | $970.90 Million | ▼ -2.9% |
| 1996 | 0.96x | $822.60 Million | $859.30 Million | ▼ -5.8% |
| 1995 | 1.02x | $773.20 Million | $761.00 Million | ▲ +37.5% |
| 1994 | 0.74x | $531.90 Million | $719.80 Million | ▲ +1.3% |
| 1993 | 0.73x | $433.00 Million | $593.50 Million | ▲ +9.8% |
| 1992 | 0.66x | $292.80 Million | $440.60 Million | ▲ +1.1% |
| 1991 | 0.66x | $219.70 Million | $334.40 Million | ▲ +464.5% |
| 1990 | 0.12x | $13.50 Million | $116.00 Million | ▼ -25.3% |
| 1989 | 0.16x | $18.70 Million | $120.00 Million | ▲ +219.4% |
| 1988 | -0.13x | $-5.90 Million | $45.20 Million | — |