Morningstar Inc (MORN) — Cash Flow-to-Debt Ratio
Morningstar Inc (MORN) has a Cash Flow-to-Debt Ratio of 0.03x as of March 2026, meaning its operating cash flow of $91.50 Million could theoretically repay 0% of its total liabilities ($2.97 Billion) in one year. See Morningstar Inc (MORN) free cash flow 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
Morningstar Inc Cash Flow-to-Debt Ratio (2002–2025)
Historical debt coverage capacity for Morningstar Inc across 24 annual periods. Also explore MORN year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Morningstar Inc (2002–2025)
Year-by-year debt coverage analysis for Morningstar Inc. For market capitalisation and broader financial context, see MORN market cap overview.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.25x | $589.70 Million | $2.37 Billion | ▼ -18.8% |
| 2024 | 0.31x | $591.60 Million | $1.93 Billion | ▲ +101.1% |
| 2023 | 0.15x | $316.40 Million | $2.08 Billion | ▲ +16.1% |
| 2022 | 0.13x | $297.80 Million | $2.27 Billion | ▼ -57.8% |
| 2021 | 0.31x | $449.90 Million | $1.45 Billion | ▲ +15.3% |
| 2020 | 0.27x | $384.30 Million | $1.42 Billion | ▲ +3.8% |
| 2019 | 0.26x | $334.40 Million | $1.29 Billion | ▼ -57.2% |
| 2018 | 0.61x | $314.80 Million | $519.10 Million | ▲ +45.7% |
| 2017 | 0.42x | $250.10 Million | $600.80 Million | ▲ +27.4% |
| 2016 | 0.33x | $213.70 Million | $654.10 Million | ▼ -47.5% |
| 2015 | 0.62x | $241.50 Million | $388.40 Million | ▲ +71.6% |
| 2014 | 0.36x | $132.22 Million | $364.88 Million | ▼ -34.1% |
| 2013 | 0.55x | $186.66 Million | $339.38 Million | ▲ +18.7% |
| 2012 | 0.46x | $146.00 Million | $315.06 Million | ▼ -11.5% |
| 2011 | 0.52x | $164.98 Million | $315.07 Million | ▲ +29.1% |
| 2010 | 0.41x | $123.62 Million | $304.88 Million | ▲ +2.3% |
| 2009 | 0.40x | $96.18 Million | $242.71 Million | ▼ -30.2% |
| 2008 | 0.57x | $152.45 Million | $268.41 Million | ▲ +21.8% |
| 2007 | 0.47x | $112.37 Million | $241.00 Million | ▼ -15.7% |
| 2006 | 0.55x | $98.68 Million | $178.41 Million | ▲ +40.0% |
| 2005 | 0.40x | $48.45 Million | $122.60 Million | ▲ +79.1% |
| 2004 | 0.22x | $32.86 Million | $148.98 Million | ▲ +0.6% |
| 2003 | 0.22x | $29.70 Million | $135.44 Million | ▲ +38.7% |
| 2002 | 0.16x | $16.54 Million | $104.65 Million | — |