Nasdaq Inc (NDAQ) — Cash Flow-to-Debt Ratio
Nasdaq Inc (NDAQ) has a Cash Flow-to-Debt Ratio of 0.03x as of December 2025, meaning its operating cash flow of $625.00 Million could theoretically repay 0% of its total liabilities ($18.82 Billion) in one year. See free cash flow generation of Nasdaq Inc 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
Nasdaq Inc Cash Flow-to-Debt Ratio (2000–2025)
Historical debt coverage capacity for Nasdaq Inc across 26 annual periods. Also explore Nasdaq Inc net asset momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Nasdaq Inc (2000–2025)
Year-by-year debt coverage analysis for Nasdaq Inc. For market capitalisation and broader financial context, see Nasdaq Inc stock valuation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.12x | $2.25 Billion | $18.82 Billion | ▲ +18.6% |
| 2024 | 0.10x | $1.94 Billion | $19.20 Billion | ▲ +27.9% |
| 2023 | 0.08x | $1.70 Billion | $21.47 Billion | ▼ -31.9% |
| 2022 | 0.12x | $1.71 Billion | $14.70 Billion | ▲ +46.9% |
| 2021 | 0.08x | $1.08 Billion | $13.71 Billion | ▼ -27.2% |
| 2020 | 0.11x | $1.25 Billion | $11.54 Billion | ▼ -6.7% |
| 2019 | 0.12x | $963.00 Million | $8.29 Billion | ▲ +15.9% |
| 2018 | 0.10x | $1.03 Billion | $10.25 Billion | ▲ +9.2% |
| 2017 | 0.09x | $909.00 Million | $9.90 Billion | ▲ +10.9% |
| 2016 | 0.08x | $722.00 Million | $8.72 Billion | ▼ -24.4% |
| 2015 | 0.11x | $685.00 Million | $6.25 Billion | ▲ +0.4% |
| 2014 | 0.11x | $687.00 Million | $6.29 Billion | ▲ +21.6% |
| 2013 | 0.09x | $574.00 Million | $6.39 Billion | ▼ -40.7% |
| 2012 | 0.15x | $594.00 Million | $3.92 Billion | ▲ +106.1% |
| 2011 | 0.07x | $669.00 Million | $9.11 Billion | ▲ +91.7% |
| 2010 | 0.04x | $440.00 Million | $11.48 Billion | ▼ -61.9% |
| 2009 | 0.10x | $582.00 Million | $5.78 Billion | ▲ +108.4% |
| 2008 | 0.05x | $407.73 Million | $8.44 Billion | ▼ -78.5% |
| 2007 | 0.22x | $173.24 Million | $771.11 Million | ▲ +152.4% |
| 2006 | 0.09x | $201.07 Million | $2.26 Billion | ▲ +32.0% |
| 2005 | 0.07x | $120.90 Million | $1.79 Billion | ▼ -62.1% |
| 2004 | 0.18x | $117.03 Million | $658.26 Million | ▲ +16.6% |
| 2003 | 0.15x | $105.27 Million | $690.56 Million | ▼ -11.6% |
| 2002 | 0.17x | $157.15 Million | $911.52 Million | ▲ +112.7% |
| 2001 | 0.08x | $65.03 Million | $802.49 Million | ▼ -84.0% |
| 2000 | 0.51x | $255.55 Million | $503.70 Million | — |