NorthWestern Corporation (NWE) — Cash Flow-to-Debt Ratio
NorthWestern Corporation (NWE) has a Cash Flow-to-Debt Ratio of 0.01x as of June 2026, meaning its operating cash flow of $73.82 Million could theoretically repay 0% of its total liabilities ($5.81 Billion) in one year. See NWE financial flexibility score 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
NorthWestern Corporation Cash Flow-to-Debt Ratio (1994–2025)
Historical debt coverage capacity for NorthWestern Corporation across 32 annual periods. For the full cash flow conversion analysis, see how efficiently does NorthWestern Corporation generate cash.
Annual Cash Flow-to-Debt Ratio for NorthWestern Corporation (1994–2025)
Year-by-year debt coverage analysis for NorthWestern Corporation. Check NorthWestern Corporation earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.07x | $394.45 Million | $5.57 Billion | ▼ -10.6% |
| 2024 | 0.08x | $406.74 Million | $5.14 Billion | ▼ -22.1% |
| 2023 | 0.10x | $489.23 Million | $4.82 Billion | ▲ +53.9% |
| 2022 | 0.07x | $307.24 Million | $4.65 Billion | ▲ +33.3% |
| 2021 | 0.05x | $219.98 Million | $4.44 Billion | ▼ -39.4% |
| 2020 | 0.08x | $352.15 Million | $4.31 Billion | ▲ +6.6% |
| 2019 | 0.08x | $296.70 Million | $3.87 Billion | ▼ -25.7% |
| 2018 | 0.10x | $381.99 Million | $3.70 Billion | ▲ +15.5% |
| 2017 | 0.09x | $323.61 Million | $3.62 Billion | ▲ +18.2% |
| 2016 | 0.08x | $289.01 Million | $3.82 Billion | ▼ -18.2% |
| 2015 | 0.09x | $339.82 Million | $3.68 Billion | ▲ +29.2% |
| 2014 | 0.07x | $250.04 Million | $3.50 Billion | ▼ -0.9% |
| 2013 | 0.07x | $193.72 Million | $2.68 Billion | ▼ -26.7% |
| 2012 | 0.10x | $251.19 Million | $2.55 Billion | ▼ -1.0% |
| 2011 | 0.10x | $233.76 Million | $2.35 Billion | ▲ +0.7% |
| 2010 | 0.10x | $218.92 Million | $2.22 Billion | ▲ +69.7% |
| 2009 | 0.06x | $116.80 Million | $2.01 Billion | ▼ -41.4% |
| 2008 | 0.10x | $198.33 Million | $2.00 Billion | ▼ -15.3% |
| 2007 | 0.12x | $201.96 Million | $1.72 Billion | ▲ +14.0% |
| 2006 | 0.10x | $169.90 Million | $1.65 Billion | ▲ +13.5% |
| 2005 | 0.09x | $150.51 Million | $1.66 Billion | ▲ +1679.6% |
| 2004 | -0.01x | $-9.77 Million | $1.70 Billion | ▲ +81.5% |
| 2003 | -0.03x | $-93.86 Million | $3.03 Billion | ▼ -383.7% |
| 2002 | 0.01x | $34.04 Million | $3.12 Billion | ▼ -82.5% |
| 2001 | 0.06x | $127.00 Million | $2.03 Billion | ▲ +77.2% |
| 2000 | 0.04x | $76.72 Million | $2.18 Billion | ▼ -36.5% |
| 1999 | 0.06x | $71.70 Million | $1.29 Billion | ▼ -15.7% |
| 1998 | 0.07x | $69.90 Million | $1.06 Billion | ▼ -22.7% |
| 1997 | 0.09x | $62.70 Million | $736.00 Million | ▲ +6.2% |
| 1996 | 0.08x | $60.90 Million | $759.40 Million | ▼ -9.5% |
| 1995 | 0.09x | $35.40 Million | $399.70 Million | ▼ -18.6% |
| 1994 | 0.11x | $26.30 Million | $241.80 Million | — |