Target Hospitality Corp (TH) — Cash Flow-to-Debt Ratio
Target Hospitality Corp (TH) has a Cash Flow-to-Debt Ratio of 0.04x as of March 2026, meaning its operating cash flow of $7.04 Million could theoretically repay 0% of its total liabilities ($162.92 Million) in one year. See TH financial flexibility score 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
Target Hospitality Corp Cash Flow-to-Debt Ratio (2016–2025)
Historical debt coverage capacity for Target Hospitality Corp across 10 annual periods. For the full cash flow conversion analysis, see Target Hospitality Corp (TH) cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Target Hospitality Corp (2016–2025)
Year-by-year debt coverage analysis for Target Hospitality Corp. Check TH operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.52x | $74.09 Million | $141.15 Million | ▲ +5.4% |
| 2024 | 0.50x | $151.68 Million | $304.68 Million | ▲ +0.7% |
| 2023 | 0.49x | $156.80 Million | $317.05 Million | ▼ -7.6% |
| 2022 | 0.54x | $305.61 Million | $570.88 Million | ▲ +113.0% |
| 2021 | 0.25x | $104.60 Million | $416.12 Million | ▲ +133.6% |
| 2020 | 0.11x | $46.78 Million | $434.82 Million | ▼ -15.1% |
| 2019 | 0.13x | $60.49 Million | $477.39 Million | ▲ +4.5% |
| 2018 | 0.12x | $26.20 Million | $216.04 Million | ▼ -99.9% |
| 2017 | 180.50x | $40.77 Million | $225.89K | ▲ +45784.6% |
| 2016 | 0.39x | $44.73 Million | $113.70 Million | — |