VEON Ltd (VEON) — Cash Flow-to-Debt Ratio
VEON Ltd (VEON) has a Cash Flow-to-Debt Ratio of 0.05x as of September 2025, meaning its operating cash flow of $323.00 Million could theoretically repay 0% of its total liabilities ($7.17 Billion) in one year. See VEON Ltd free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
VEON Ltd Cash Flow-to-Debt Ratio (2000–2024)
Historical debt coverage capacity for VEON Ltd across 25 annual periods. Also explore VEON Ltd equity growth rate to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for VEON Ltd (2000–2024)
Year-by-year debt coverage analysis for VEON Ltd. For market capitalisation and broader financial context, see VEON Ltd market capitalisation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.17x | $1.15 Billion | $6.78 Billion | ▼ -5.0% |
| 2023 | 0.18x | $2.56 Billion | $14.32 Billion | ▲ +0.0% |
| 2022 | 0.18x | $2.56 Billion | $14.32 Billion | ▼ -2.4% |
| 2021 | 0.18x | $2.64 Billion | $14.42 Billion | ▲ +1.4% |
| 2020 | 0.18x | $2.44 Billion | $13.54 Billion | ▼ -15.3% |
| 2019 | 0.21x | $2.95 Billion | $13.84 Billion | ▼ -4.3% |
| 2018 | 0.22x | $2.52 Billion | $11.32 Billion | ▲ +39.9% |
| 2017 | 0.16x | $2.48 Billion | $15.59 Billion | ▲ +26.8% |
| 2016 | 0.13x | $1.90 Billion | $15.15 Billion | ▲ +86.0% |
| 2015 | 0.07x | $2.03 Billion | $29.98 Billion | ▼ -52.6% |
| 2014 | 0.14x | $5.28 Billion | $37.06 Billion | ▼ -12.3% |
| 2013 | 0.16x | $6.35 Billion | $39.11 Billion | ▼ -10.5% |
| 2012 | 0.18x | $7.26 Billion | $39.99 Billion | ▲ +16.0% |
| 2011 | 0.16x | $6.11 Billion | $39.03 Billion | ▼ -61.5% |
| 2010 | 0.41x | $3.70 Billion | $9.12 Billion | ▲ +12.3% |
| 2009 | 0.36x | $3.51 Billion | $9.72 Billion | ▲ +16.1% |
| 2008 | 0.31x | $3.46 Billion | $11.12 Billion | ▼ -50.1% |
| 2007 | 0.62x | $3.04 Billion | $4.87 Billion | ▲ +34.1% |
| 2006 | 0.47x | $1.97 Billion | $4.24 Billion | ▲ +21.1% |
| 2005 | 0.38x | $1.30 Billion | $3.38 Billion | ▲ +25.1% |
| 2004 | 0.31x | $805.41 Million | $2.62 Billion | ▼ -32.5% |
| 2003 | 0.46x | $511.88 Million | $1.12 Billion | ▲ +91.3% |
| 2002 | 0.24x | $221.72 Million | $931.59 Million | ▼ -1.7% |
| 2001 | 0.24x | $101.06 Million | $417.38 Million | ▲ +837.7% |
| 2000 | 0.03x | $8.55 Million | $331.17 Million | — |