Plug Power Inc (PLUG) — Cash Flow-to-Debt Ratio
Plug Power Inc (PLUG) has a Cash Flow-to-Debt Ratio of -0.09x as of March 2026, meaning its operating cash flow of $-150.04 Million could theoretically repay 0% of its total liabilities ($1.59 Billion) in one year. Explore how much of Plug Power Inc's assets are long-term investments to see how much of total assets are deployed in long-term investments.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Plug Power Inc Cash Flow-to-Debt Ratio (1998–2025)
Historical debt coverage capacity for Plug Power Inc across 28 annual periods. Also explore Plug Power Inc balance sheet assets for the complete picture of this company's asset base.
Annual Cash Flow-to-Debt Ratio for Plug Power Inc (1998–2025)
Year-by-year debt coverage analysis for Plug Power Inc. For market capitalisation and broader financial context, see PLUG stock market capitalisation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | -0.34x | $-535.84 Million | $1.59 Billion | ▲ +17.0% |
| 2024 | -0.41x | $-728.64 Million | $1.80 Billion | ▲ +26.5% |
| 2023 | -0.55x | $-1.11 Billion | $2.00 Billion | ▼ -51.5% |
| 2022 | -0.36x | $-620.83 Million | $1.70 Billion | ▼ -36.7% |
| 2021 | -0.27x | $-358.18 Million | $1.34 Billion | ▼ -31.9% |
| 2020 | -0.20x | $-155.48 Million | $769.83 Million | ▼ -151.5% |
| 2019 | -0.08x | $-53.32 Million | $664.16 Million | ▲ +46.7% |
| 2018 | -0.15x | $-58.35 Million | $387.61 Million | ▲ +50.7% |
| 2017 | -0.31x | $-60.18 Million | $197.16 Million | ▼ -60.4% |
| 2016 | -0.19x | $-29.64 Million | $155.74 Million | ▲ +65.9% |
| 2015 | -0.56x | $-47.27 Million | $84.72 Million | ▲ +34.9% |
| 2014 | -0.86x | $-40.78 Million | $47.60 Million | ▼ -69.7% |
| 2013 | -0.51x | $-26.88 Million | $53.23 Million | ▲ +38.8% |
| 2012 | -0.83x | $-20.16 Million | $24.43 Million | ▲ +34.0% |
| 2011 | -1.25x | $-33.31 Million | $26.62 Million | ▲ +50.1% |
| 2010 | -2.51x | $-40.77 Million | $16.26 Million | ▼ -397.8% |
| 2009 | -0.50x | $-38.23 Million | $75.92 Million | ▲ +25.9% |
| 2008 | -0.68x | $-56.60 Million | $83.25 Million | ▲ +73.1% |
| 2007 | -2.53x | $-49.31 Million | $19.49 Million | ▲ +26.5% |
| 2006 | -3.44x | $-46.11 Million | $13.39 Million | ▼ -28.1% |
| 2005 | -2.69x | $-39.87 Million | $14.83 Million | ▼ -26.0% |
| 2004 | -2.13x | $-33.90 Million | $15.88 Million | ▲ +8.5% |
| 2003 | -2.33x | $-38.02 Million | $16.30 Million | ▼ -1.0% |
| 2002 | -2.31x | $-36.89 Million | $15.99 Million | ▲ +31.7% |
| 2001 | -3.38x | $-55.29 Million | $16.37 Million | ▲ +13.9% |
| 2000 | -3.92x | $-65.49 Million | $16.70 Million | ▼ -143.2% |
| 1999 | -1.61x | $-23.74 Million | $14.72 Million | ▲ +44.1% |
| 1998 | -2.88x | $-7.50 Million | $2.60 Million | — |