Raytech Holding Limited Ordinary Shares (RAY) — Cash Flow-to-Debt Ratio
Raytech Holding Limited Ordinary Shares (RAY) has a Cash Flow-to-Debt Ratio of -0.19x as of June 2026, meaning its operating cash flow of $-16.14 Million could theoretically repay 0% of its total liabilities ($86.46 Million) in one year. See Raytech Holding Limited Ordinary Shares (RAY) financial flexibility 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
Raytech Holding Limited Ordinary Shares Cash Flow-to-Debt Ratio (2021–2026)
Historical debt coverage capacity for Raytech Holding Limited Ordinary Shares across 6 annual periods. For the full cash flow conversion analysis, see RAY cash generation efficiency.
Annual Cash Flow-to-Debt Ratio for Raytech Holding Limited Ordinary Shares (2021–2026)
Year-by-year debt coverage analysis for Raytech Holding Limited Ordinary Shares. Check Raytech Holding Limited Ordinary Shares cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2026 | -0.17x | $-14.57 Million | $86.46 Million | ▼ -148.6% |
| 2025 | 0.35x | $6.22 Million | $17.93 Million | ▼ -40.4% |
| 2024 | 0.58x | $15.75 Million | $27.04 Million | ▼ -91.9% |
| 2023 | 7.22x | $10.96 Million | $1.52 Million | ▼ -32.4% |
| 2022 | 10.68x | $8.23 Million | $770.67K | ▲ +674.9% |
| 2021 | 1.38x | $6.70 Million | $4.86 Million | — |