PDD Holdings Inc. Cash Flow-to-Debt Ratio
PDD Holdings Inc. 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. Check how high is PDD Holdings Inc.'s earnings quality to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of PDD Holdings Inc. (2016–2024)
Cash flow-to-debt ratio of PDD Holdings Inc. from 2016 to 2024. Historical debt coverage capacity for PDD Holdings Inc. across 9 annual periods. Check PDD total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
PDD Holdings Inc. Cash Flow-to-Debt Ratio by Year (2016–2024)
PDD Holdings Inc. cash flow-to-debt ratio by year from 2016 to 2024. Year-by-year debt coverage analysis for PDD Holdings Inc.. For the full cash flow conversion analysis, see how efficiently does PDD Holdings Inc. generate cash.
| 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 | — |