Firstsource Solutions Limited (FSL) — Cash Flow-to-Debt Ratio
Firstsource Solutions Limited (FSL) has a Cash Flow-to-Debt Ratio of 0.11x as of December 2025, meaning its operating cash flow of Rs4.60 Billion could theoretically repay 0% of its total liabilities (Rs42.95 Billion) in one year. See Firstsource Solutions Limited free cash flow to debt 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
Firstsource Solutions Limited Cash Flow-to-Debt Ratio (2005–2025)
Historical debt coverage capacity for Firstsource Solutions Limited across 21 annual periods. For the full cash flow conversion analysis, see how efficiently does Firstsource Solutions Limited generate cash.
Annual Cash Flow-to-Debt Ratio for Firstsource Solutions Limited (2005–2025)
Year-by-year debt coverage analysis for Firstsource Solutions Limited. Check earnings quality score of Firstsource Solutions Limited to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (INR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.18x | Rs7.01 Billion | Rs38.24 Billion | ▼ -32.3% |
| 2024 | 0.27x | Rs6.45 Billion | Rs23.82 Billion | ▼ -21.8% |
| 2023 | 0.35x | Rs7.95 Billion | Rs22.97 Billion | ▲ +31.6% |
| 2022 | 0.26x | Rs7.04 Billion | Rs26.75 Billion | ▼ -45.3% |
| 2021 | 0.48x | Rs9.76 Billion | Rs20.30 Billion | ▲ +113.3% |
| 2020 | 0.23x | Rs4.10 Billion | Rs18.21 Billion | ▼ -44.1% |
| 2019 | 0.40x | Rs3.85 Billion | Rs9.54 Billion | ▲ +33.7% |
| 2018 | 0.30x | Rs3.15 Billion | Rs10.45 Billion | ▲ +126.9% |
| 2017 | 0.13x | Rs1.98 Billion | Rs14.90 Billion | ▼ -45.0% |
| 2016 | 0.24x | Rs3.00 Billion | Rs12.40 Billion | ▲ +31.3% |
| 2015 | 0.18x | Rs2.46 Billion | Rs13.36 Billion | ▼ -25.7% |
| 2014 | 0.25x | Rs3.96 Billion | Rs15.97 Billion | ▲ +103.5% |
| 2013 | 0.12x | Rs1.99 Billion | Rs16.37 Billion | ▲ +5257.9% |
| 2012 | 0.00x | Rs56.81 Million | Rs25.00 Billion | ▼ -98.3% |
| 2011 | 0.14x | Rs2.46 Billion | Rs18.20 Billion | ▲ +24.7% |
| 2010 | 0.11x | Rs1.72 Billion | Rs15.84 Billion | ▲ +3.3% |
| 2009 | 0.10x | Rs1.74 Billion | Rs16.58 Billion | ▼ -14.0% |
| 2008 | 0.12x | Rs2.27 Billion | Rs18.60 Billion | ▼ -55.3% |
| 2007 | 0.27x | Rs913.67 Million | Rs3.35 Billion | ▲ +83.3% |
| 2006 | 0.15x | Rs370.56 Million | Rs2.49 Billion | ▼ -33.2% |
| 2005 | 0.22x | Rs380.96 Million | Rs1.71 Billion | — |