Incyte Corporation (INCY) — Cash Flow-to-Debt Ratio
Incyte Corporation (INCY) has a Cash Flow-to-Debt Ratio of 0.21x as of March 2026, meaning its operating cash flow of $369.35 Million could theoretically repay 0% of its total liabilities ($1.79 Billion) in one year. See cash generation quality of Incyte Corporation 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
Incyte Corporation Cash Flow-to-Debt Ratio (1993–2025)
Historical debt coverage capacity for Incyte Corporation across 33 annual periods. Also explore INCY net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Incyte Corporation (1993–2025)
Year-by-year debt coverage analysis for Incyte Corporation. For market capitalisation and broader financial context, see how much is Incyte Corporation worth.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.78x | $1.41 Billion | $1.80 Billion | ▲ +366.7% |
| 2024 | 0.17x | $335.34 Million | $2.00 Billion | ▼ -46.1% |
| 2023 | 0.31x | $496.49 Million | $1.59 Billion | ▼ -52.7% |
| 2022 | 0.66x | $969.94 Million | $1.47 Billion | ▲ +2.4% |
| 2021 | 0.64x | $749.49 Million | $1.16 Billion | ▲ +591.0% |
| 2020 | -0.13x | $-124.60 Million | $949.65 Million | ▼ -115.3% |
| 2019 | 0.86x | $710.66 Million | $828.34 Million | ▲ +83.7% |
| 2018 | 0.47x | $336.23 Million | $719.79 Million | ▲ +437.5% |
| 2017 | -0.14x | $-92.99 Million | $671.95 Million | ▼ -155.4% |
| 2016 | 0.25x | $304.76 Million | $1.22 Billion | ▲ +141.6% |
| 2015 | 0.10x | $86.54 Million | $836.28 Million | ▲ +246.1% |
| 2014 | 0.03x | $26.26 Million | $878.11 Million | ▲ +168.0% |
| 2013 | 0.01x | $9.18 Million | $822.68 Million | ▲ +105.9% |
| 2012 | -0.19x | $-94.83 Million | $505.38 Million | ▲ +35.5% |
| 2011 | -0.29x | $-161.72 Million | $556.04 Million | ▼ -271.7% |
| 2010 | 0.17x | $97.94 Million | $578.23 Million | ▲ +1016.7% |
| 2009 | 0.02x | $12.36 Million | $814.77 Million | ▲ +104.9% |
| 2008 | -0.31x | $-140.86 Million | $453.14 Million | ▼ -46.0% |
| 2007 | -0.21x | $-92.69 Million | $435.21 Million | ▼ -85.4% |
| 2006 | -0.11x | $-50.37 Million | $438.51 Million | ▲ +55.6% |
| 2005 | -0.26x | $-101.87 Million | $393.50 Million | ▲ +1.0% |
| 2004 | -0.26x | $-114.67 Million | $438.40 Million | ▲ +50.2% |
| 2003 | -0.53x | $-118.33 Million | $225.21 Million | ▼ -125.2% |
| 2002 | -0.23x | $-58.27 Million | $249.73 Million | ▼ -31.7% |
| 2001 | -0.18x | $-47.00 Million | $265.36 Million | ▼ -537.1% |
| 2000 | -0.03x | $-7.34 Million | $264.13 Million | ▲ +93.3% |
| 1999 | -0.41x | $-21.40 Million | $51.60 Million | ▼ -158.1% |
| 1998 | 0.71x | $36.20 Million | $50.70 Million | ▲ +103.9% |
| 1997 | 0.35x | $18.70 Million | $53.40 Million | ▼ -52.5% |
| 1996 | 0.74x | $16.00 Million | $21.70 Million | ▲ +190.1% |
| 1995 | -0.82x | $-9.00 Million | $11.00 Million | ▲ +39.0% |
| 1994 | -1.34x | $-6.30 Million | $4.70 Million | ▲ +54.3% |
| 1993 | -2.93x | $-4.40 Million | $1.50 Million | — |