Azad Engineering Limited (AZAD) — Cash Flow-to-Debt Ratio
Azad Engineering Limited (AZAD) has a Cash Flow-to-Debt Ratio of -0.16x as of September 2025, meaning its operating cash flow of Rs-758.90 Million could theoretically repay 0% of its total liabilities (Rs4.78 Billion) in one year. See how financially flexible is Azad Engineering Limited 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
Azad Engineering Limited Cash Flow-to-Debt Ratio (2021–2026)
Historical debt coverage capacity for Azad Engineering Limited across 6 annual periods. For the full cash flow conversion analysis, see AZAD cash flow metrics.
Annual Cash Flow-to-Debt Ratio for Azad Engineering Limited (2021–2026)
Year-by-year debt coverage analysis for Azad Engineering Limited. Check AZAD operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (INR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2026 | -0.18x | Rs-1.19 Billion | Rs6.71 Billion | ▼ -254.5% |
| 2025 | 0.11x | Rs536.67 Million | Rs4.68 Billion | ▲ +351.0% |
| 2024 | -0.05x | Rs-69.49 Million | Rs1.52 Billion | ▼ -72.5% |
| 2023 | -0.03x | Rs-102.09 Million | Rs3.85 Billion | ▼ -136.0% |
| 2022 | 0.07x | Rs209.39 Million | Rs2.84 Billion | ▲ +2294.3% |
| 2021 | 0.00x | Rs5.08 Million | Rs1.65 Billion | — |