Mercury Systems Inc (MRCY) — Cash Flow-to-Debt Ratio
Mercury Systems Inc (MRCY) has a Cash Flow-to-Debt Ratio of 0.05x as of December 2025, meaning its operating cash flow of $48.45 Million could theoretically repay 0% of its total liabilities ($1.04 Billion) in one year. See Mercury Systems Inc leverage flexibility ratio 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
Mercury Systems Inc Cash Flow-to-Debt Ratio (1998–2025)
Historical debt coverage capacity for Mercury Systems Inc across 28 annual periods. For the full cash flow conversion analysis, see Mercury Systems Inc cash conversion from operations.
Annual Cash Flow-to-Debt Ratio for Mercury Systems Inc (1998–2025)
Year-by-year debt coverage analysis for Mercury Systems Inc. Check how high is Mercury Systems Inc's earnings quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.14x | $138.85 Million | $961.30 Million | ▼ -5.7% |
| 2024 | 0.15x | $138.85 Million | $906.13 Million | ▲ +109.3% |
| 2023 | 0.07x | $60.38 Million | $824.68 Million | ▲ +364.3% |
| 2022 | -0.03x | $-21.25 Million | $767.23 Million | ▲ +30.9% |
| 2021 | -0.04x | $-18.87 Million | $470.99 Million | ▼ -107.9% |
| 2020 | 0.51x | $115.18 Million | $225.94 Million | ▼ -30.9% |
| 2019 | 0.74x | $97.52 Million | $132.24 Million | ▲ +398.1% |
| 2018 | 0.15x | $43.32 Million | $292.59 Million | ▼ -77.4% |
| 2017 | 0.65x | $59.15 Million | $90.33 Million | ▲ +367.0% |
| 2016 | 0.14x | $36.94 Million | $263.45 Million | ▼ -82.7% |
| 2015 | 0.81x | $32.21 Million | $39.85 Million | ▲ +164.3% |
| 2014 | 0.31x | $14.24 Million | $46.56 Million | ▲ +850.8% |
| 2013 | -0.04x | $-1.87 Million | $45.93 Million | ▼ -106.7% |
| 2012 | 0.61x | $31.87 Million | $52.50 Million | ▲ +4.4% |
| 2011 | 0.58x | $31.47 Million | $54.13 Million | ▲ +67.4% |
| 2010 | 0.35x | $15.71 Million | $45.23 Million | ▲ +130.5% |
| 2009 | 0.15x | $11.20 Million | $74.33 Million | ▲ +110.8% |
| 2008 | 0.07x | $13.73 Million | $192.04 Million | ▲ +232.8% |
| 2007 | -0.05x | $-10.31 Million | $191.61 Million | ▼ -147.5% |
| 2006 | 0.11x | $22.05 Million | $194.46 Million | ▼ -46.5% |
| 2005 | 0.21x | $37.99 Million | $179.30 Million | ▲ +54.3% |
| 2004 | 0.14x | $25.94 Million | $188.88 Million | ▼ -89.7% |
| 2003 | 1.33x | $50.50 Million | $37.90 Million | ▲ +162.3% |
| 2002 | 0.51x | $15.94 Million | $31.39 Million | ▼ -30.3% |
| 2001 | 0.73x | $26.08 Million | $35.80 Million | ▼ -14.8% |
| 2000 | 0.86x | $30.66 Million | $35.86 Million | ▲ +88.9% |
| 1999 | 0.45x | $9.10 Million | $20.10 Million | ▼ -19.7% |
| 1998 | 0.56x | $7.10 Million | $12.60 Million | — |