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 (FSL) free cash flow 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
Firstsource Solutions Limited Cash Flow-to-Debt Ratio (2005–2025)
Historical debt coverage capacity for Firstsource Solutions Limited across 21 annual periods. Also explore Firstsource Solutions Limited (FSL) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Firstsource Solutions Limited (2005–2025)
Year-by-year debt coverage analysis for Firstsource Solutions Limited. For market capitalisation and broader financial context, see FSL market cap overview.
| 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 | — |