Enphase Energy Inc (ENPH) — Cash Flow-to-Debt Ratio
Enphase Energy Inc (ENPH) has a Cash Flow-to-Debt Ratio of 0.06x as of March 2026, meaning its operating cash flow of $102.87 Million could theoretically repay 0% of its total liabilities ($1.62 Billion) in one year. See financial agility of Enphase Energy Inc 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
Enphase Energy Inc Cash Flow-to-Debt Ratio (2009–2025)
Historical debt coverage capacity for Enphase Energy Inc across 17 annual periods. For the full cash flow conversion analysis, see Enphase Energy Inc (ENPH) cash conversion ratio.
Annual Cash Flow-to-Debt Ratio for Enphase Energy Inc (2009–2025)
Year-by-year debt coverage analysis for Enphase Energy Inc. Check earnings quality score of Enphase Energy 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 | 0.06x | $136.54 Million | $2.42 Billion | ▼ -73.5% |
| 2024 | 0.21x | $513.69 Million | $2.42 Billion | ▼ -26.8% |
| 2023 | 0.29x | $696.78 Million | $2.40 Billion | ▼ -11.9% |
| 2022 | 0.33x | $744.82 Million | $2.26 Billion | ▲ +54.5% |
| 2021 | 0.21x | $352.03 Million | $1.65 Billion | ▼ -29.3% |
| 2020 | 0.30x | $216.33 Million | $716.11 Million | ▼ -4.2% |
| 2019 | 0.32x | $139.07 Million | $441.01 Million | ▲ +549.3% |
| 2018 | 0.05x | $16.13 Million | $332.16 Million | ▲ +130.4% |
| 2017 | -0.16x | $-28.44 Million | $178.27 Million | ▲ +21.4% |
| 2016 | -0.20x | $-32.95 Million | $162.28 Million | ▼ -19.1% |
| 2015 | -0.17x | $-21.16 Million | $124.08 Million | ▼ -174.1% |
| 2014 | 0.23x | $24.22 Million | $105.24 Million | ▲ +2118.2% |
| 2013 | -0.01x | $-872.00K | $76.46 Million | ▲ +98.3% |
| 2012 | -0.68x | $-44.65 Million | $65.64 Million | ▼ -13182.6% |
| 2011 | -0.01x | $-367.00K | $71.67 Million | ▲ +99.4% |
| 2010 | -0.85x | $-17.85 Million | $21.02 Million | ▲ +67.1% |
| 2009 | -2.58x | $-18.89 Million | $7.32 Million | — |