PDD Holdings Inc. (PDD) — Cash Flow-to-Debt Ratio
PDD Holdings Inc. (PDD) has a Cash Flow-to-Debt Ratio of 0.21x as of September 2025, meaning its operating cash flow of $45.66 Billion could theoretically repay 0% of its total liabilities ($222.32 Billion) in one year. See PDD Holdings Inc. (PDD) 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
PDD Holdings Inc. Cash Flow-to-Debt Ratio (2016–2024)
Historical debt coverage capacity for PDD Holdings Inc. across 9 annual periods. Also explore PDD Holdings Inc. (PDD) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for PDD Holdings Inc. (2016–2024)
Year-by-year debt coverage analysis for PDD Holdings Inc.. For market capitalisation and broader financial context, see market value of PDD Holdings Inc..
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.64x | $121.93 Billion | $191.72 Billion | ▲ +8.6% |
| 2023 | 0.59x | $94.16 Billion | $160.84 Billion | ▲ +893.5% |
| 2022 | 0.06x | $7.03 Billion | $119.35 Billion | ▼ -78.3% |
| 2021 | 0.27x | $28.78 Billion | $106.10 Billion | ▼ -5.0% |
| 2020 | 0.29x | $28.20 Billion | $98.73 Billion | ▼ -0.9% |
| 2019 | 0.29x | $14.82 Billion | $51.41 Billion | ▼ -9.6% |
| 2018 | 0.32x | $7.77 Billion | $24.36 Billion | ▲ +1124.0% |
| 2017 | 0.03x | $315.48 Million | $12.11 Billion | ▼ -95.8% |
| 2016 | 0.62x | $879.78 Million | $1.41 Billion | — |