Zscaler Inc (ZS) — Cash Flow-to-Debt Ratio
Zscaler Inc (ZS) has a Cash Flow-to-Debt Ratio of 0.10x as of October 2025, meaning its operating cash flow of $448.28 Million could theoretically repay 0% of its total liabilities ($4.52 Billion) in one year. See Zscaler Inc leverage flexibility ratio 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
Zscaler Inc Cash Flow-to-Debt Ratio (2015–2025)
Historical debt coverage capacity for Zscaler Inc across 11 annual periods. For the full cash flow conversion analysis, see Zscaler Inc (ZS) cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Zscaler Inc (2015–2025)
Year-by-year debt coverage analysis for Zscaler Inc. Check Zscaler Inc (ZS) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.21x | $972.45 Million | $4.62 Billion | ▼ -7.4% |
| 2024 | 0.23x | $779.85 Million | $3.43 Billion | ▲ +41.7% |
| 2023 | 0.16x | $462.34 Million | $2.88 Billion | ▲ +12.5% |
| 2022 | 0.14x | $321.91 Million | $2.26 Billion | ▲ +21.9% |
| 2021 | 0.12x | $202.04 Million | $1.73 Billion | ▲ +98.7% |
| 2020 | 0.06x | $79.32 Million | $1.35 Billion | ▼ -70.0% |
| 2019 | 0.20x | $58.03 Million | $295.60 Million | ▲ +135.4% |
| 2018 | 0.08x | $17.31 Million | $207.54 Million | ▲ +284.4% |
| 2017 | -0.05x | $-6.02 Million | $133.07 Million | ▲ +67.0% |
| 2016 | -0.14x | $-11.92 Million | $86.85 Million | ▼ -136.6% |
| 2015 | -0.06x | $-3.28 Million | $56.55 Million | — |