Sunworks Inc (SUNWQ) — Cash Flow-to-Debt Ratio
Latest as of September 2023:
-0.19x
Sunworks Inc (SUNWQ) has a Cash Flow-to-Debt Ratio of -0.19x as of September 2023, meaning its operating cash flow of $-8.80 Million could theoretically repay 0% of its total liabilities ($45.89 Million) in one year. See how financially flexible is Sunworks Inc to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
-0.19x
Operating CF / Total Liabilities
Operating Cash Flow
$-8.80 Million
USD
Total Liabilities
$45.89 Million
USD
Data as of
Sep 2023
Most recent filing
Sunworks Inc Cash Flow-to-Debt Ratio (2016–2022)
Historical debt coverage capacity for Sunworks Inc across 7 annual periods. For the full cash flow conversion analysis, see Sunworks Inc cash conversion from operations.
Annual Cash Flow-to-Debt Ratio for Sunworks Inc (2016–2022)
Year-by-year debt coverage analysis for Sunworks Inc.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2022 | -0.50x | $-28.19 Million | $56.00 Million | ▲ +51.7% |
| 2021 | -1.04x | $-29.21 Million | $28.05 Million | ▼ -339.2% |
| 2020 | -0.24x | $-4.34 Million | $18.29 Million | ▲ +17.9% |
| 2019 | -0.29x | $-6.46 Million | $22.36 Million | ▼ -11.4% |
| 2018 | -0.26x | $-5.75 Million | $22.20 Million | ▼ -80.8% |
| 2017 | -0.14x | $-3.65 Million | $25.49 Million | ▼ -260.6% |
| 2016 | 0.09x | $1.83 Million | $20.48 Million | — |
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.