Bharat Heavy Electricals Limited (BHEL) — Cash Flow-to-Debt Ratio
Bharat Heavy Electricals Limited (BHEL) has a Cash Flow-to-Debt Ratio of -0.02x as of September 2025, meaning its operating cash flow of Rs-11.82 Billion could theoretically repay 0% of its total liabilities (Rs475.72 Billion) in one year. See Bharat Heavy Electricals Limited free cash flow efficiency 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
Bharat Heavy Electricals Limited Cash Flow-to-Debt Ratio (2004–2026)
Historical debt coverage capacity for Bharat Heavy Electricals Limited across 23 annual periods. Also explore Bharat Heavy Electricals Limited equity growth rate to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Bharat Heavy Electricals Limited (2004–2026)
Year-by-year debt coverage analysis for Bharat Heavy Electricals Limited. For market capitalisation and broader financial context, see Bharat Heavy Electricals Limited market cap and net worth.
| Year | CF-to-Debt Ratio | Operating CF (INR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2026 | 0.12x | Rs58.16 Billion | Rs500.39 Billion | ▲ +129.9% |
| 2025 | 0.05x | Rs21.92 Billion | Rs433.61 Billion | ▲ +147.1% |
| 2024 | -0.11x | Rs-37.13 Billion | Rs345.67 Billion | ▼ -371.4% |
| 2023 | -0.02x | Rs-7.42 Billion | Rs325.42 Billion | ▼ -202.6% |
| 2022 | 0.02x | Rs6.60 Billion | Rs297.37 Billion | ▲ +15.7% |
| 2021 | 0.02x | Rs5.62 Billion | Rs292.68 Billion | ▲ +121.3% |
| 2020 | -0.09x | Rs-28.92 Billion | Rs321.33 Billion | ▲ +23.5% |
| 2019 | -0.12x | Rs-38.86 Billion | Rs330.54 Billion | ▼ -471.0% |
| 2018 | 0.03x | Rs9.89 Billion | Rs312.14 Billion | ▲ +71.2% |
| 2017 | 0.02x | Rs5.36 Billion | Rs289.60 Billion | ▲ +116.5% |
| 2016 | 0.01x | Rs3.12 Billion | Rs364.71 Billion | ▼ -61.8% |
| 2015 | 0.02x | Rs8.21 Billion | Rs366.80 Billion | ▼ -79.1% |
| 2014 | 0.11x | Rs45.12 Billion | Rs420.82 Billion | ▲ +152.4% |
| 2013 | 0.04x | Rs17.51 Billion | Rs412.15 Billion | ▲ +354.8% |
| 2012 | -0.02x | Rs-7.01 Billion | Rs420.22 Billion | ▼ -124.5% |
| 2011 | 0.07x | Rs26.99 Billion | Rs395.81 Billion | ▲ +37.2% |
| 2010 | 0.05x | Rs16.30 Billion | Rs328.04 Billion | ▼ -58.8% |
| 2009 | 0.12x | Rs34.63 Billion | Rs287.31 Billion | ▼ -31.0% |
| 2008 | 0.17x | Rs34.78 Billion | Rs199.16 Billion | ▼ -10.2% |
| 2007 | 0.19x | Rs28.21 Billion | Rs145.09 Billion | ▲ +30.3% |
| 2006 | 0.15x | Rs16.24 Billion | Rs108.78 Billion | ▲ +63.9% |
| 2005 | 0.09x | Rs8.18 Billion | Rs89.83 Billion | ▼ -63.1% |
| 2004 | 0.25x | Rs16.96 Billion | Rs68.77 Billion | — |