Neogen Corporation (NEOG) — Cash Flow-to-Debt Ratio
Neogen Corporation (NEOG) has a Cash Flow-to-Debt Ratio of 0.02x as of May 2026, meaning its operating cash flow of $30.20 Million could theoretically repay 0% of its total liabilities ($1.25 Billion) in one year. See Neogen Corporation free cash flow to debt 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
Neogen Corporation Cash Flow-to-Debt Ratio (1992–2026)
Historical debt coverage capacity for Neogen Corporation across 35 annual periods. For the full cash flow conversion analysis, see Neogen Corporation operating cash flow efficiency.
Annual Cash Flow-to-Debt Ratio for Neogen Corporation (1992–2026)
Year-by-year debt coverage analysis for Neogen Corporation. Check NEOG operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2026 | 0.07x | $83.20 Million | $1.25 Billion | ▲ +56.5% |
| 2025 | 0.04x | $58.24 Million | $1.37 Billion | ▲ +69.0% |
| 2024 | 0.03x | $35.26 Million | $1.40 Billion | ▼ -13.1% |
| 2023 | 0.03x | $41.03 Million | $1.42 Billion | ▼ -95.5% |
| 2022 | 0.64x | $68.04 Million | $105.56 Million | ▼ -36.6% |
| 2021 | 1.02x | $81.09 Million | $79.81 Million | ▼ -14.8% |
| 2020 | 1.19x | $85.88 Million | $72.00 Million | ▲ +8.1% |
| 2019 | 1.10x | $63.84 Million | $57.84 Million | ▼ -7.7% |
| 2018 | 1.20x | $69.13 Million | $57.83 Million | ▲ +12.4% |
| 2017 | 1.06x | $60.27 Million | $56.65 Million | ▲ +43.2% |
| 2016 | 0.74x | $35.33 Million | $47.55 Million | ▼ -30.1% |
| 2015 | 1.06x | $43.79 Million | $41.22 Million | ▲ +91.2% |
| 2014 | 0.56x | $21.67 Million | $39.00 Million | ▼ -35.2% |
| 2013 | 0.86x | $26.56 Million | $30.96 Million | ▲ +25.3% |
| 2012 | 0.68x | $22.28 Million | $32.55 Million | ▼ -27.2% |
| 2011 | 0.94x | $28.84 Million | $30.68 Million | ▼ -8.7% |
| 2010 | 1.03x | $27.99 Million | $27.18 Million | ▲ +26.5% |
| 2009 | 0.81x | $10.98 Million | $13.50 Million | ▲ +56.2% |
| 2008 | 0.52x | $7.87 Million | $15.11 Million | ▼ -31.6% |
| 2007 | 0.76x | $10.16 Million | $13.34 Million | ▲ +46.8% |
| 2006 | 0.52x | $12.31 Million | $23.74 Million | ▼ -30.2% |
| 2005 | 0.74x | $6.72 Million | $9.05 Million | ▲ +202.3% |
| 2004 | 0.25x | $2.98 Million | $12.13 Million | ▼ -75.7% |
| 2003 | 1.01x | $6.70 Million | $6.63 Million | ▲ +29.6% |
| 2002 | 0.78x | $3.40 Million | $4.36 Million | ▲ +15.0% |
| 2001 | 0.68x | $2.50 Million | $3.69 Million | ▼ -46.1% |
| 2000 | 1.26x | $4.68 Million | $3.72 Million | ▼ -21.9% |
| 1999 | 1.61x | $3.70 Million | $2.30 Million | ▲ +93.0% |
| 1998 | 0.83x | $1.50 Million | $1.80 Million | ▼ -23.9% |
| 1997 | 1.10x | $2.30 Million | $2.10 Million | ▲ +216.4% |
| 1996 | 0.35x | $900.00K | $2.60 Million | ▲ +286.9% |
| 1995 | -0.19x | $-500.00K | $2.70 Million | ▼ -115.3% |
| 1994 | 1.21x | $1.70 Million | $1.40 Million | ▲ +464.3% |
| 1993 | -0.33x | $-400.00K | $1.20 Million | ▲ +42.9% |
| 1992 | -0.58x | $-700.00K | $1.20 Million | — |