Hero MotoCorp Limited (HEROMOTOCO) — Cash Flow-to-Debt Ratio
Hero MotoCorp Limited (HEROMOTOCO) has a Cash Flow-to-Debt Ratio of 0.31x as of September 2025, meaning its operating cash flow of Rs35.82 Billion could theoretically repay 0% of its total liabilities (Rs115.11 Billion) in one year. See Hero MotoCorp Limited 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
Hero MotoCorp Limited Cash Flow-to-Debt Ratio (2004–2026)
Historical debt coverage capacity for Hero MotoCorp Limited across 23 annual periods. For the full cash flow conversion analysis, see how efficiently does Hero MotoCorp Limited generate cash.
Annual Cash Flow-to-Debt Ratio for Hero MotoCorp Limited (2004–2026)
Year-by-year debt coverage analysis for Hero MotoCorp Limited. Check how high is Hero MotoCorp Limited's earnings quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (INR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2026 | 0.74x | Rs85.59 Billion | Rs116.42 Billion | ▲ +53.7% |
| 2025 | 0.48x | Rs42.97 Billion | Rs89.86 Billion | ▼ -19.2% |
| 2024 | 0.59x | Rs49.23 Billion | Rs83.18 Billion | ▲ +61.6% |
| 2023 | 0.37x | Rs26.14 Billion | Rs71.36 Billion | ▲ +12.9% |
| 2022 | 0.32x | Rs21.04 Billion | Rs64.84 Billion | ▼ -40.5% |
| 2021 | 0.55x | Rs41.10 Billion | Rs75.36 Billion | ▼ -49.3% |
| 2020 | 1.08x | Rs55.18 Billion | Rs51.27 Billion | ▲ +449.2% |
| 2019 | 0.20x | Rs10.32 Billion | Rs52.68 Billion | ▼ -74.0% |
| 2018 | 0.75x | Rs40.17 Billion | Rs53.32 Billion | ▼ -7.3% |
| 2017 | 0.81x | Rs40.07 Billion | Rs49.29 Billion | ▼ -12.5% |
| 2016 | 0.93x | Rs37.22 Billion | Rs40.07 Billion | ▲ +74.1% |
| 2015 | 0.53x | Rs21.86 Billion | Rs40.96 Billion | ▼ -19.0% |
| 2014 | 0.66x | Rs29.63 Billion | Rs44.98 Billion | ▲ +61.8% |
| 2013 | 0.41x | Rs18.90 Billion | Rs46.43 Billion | ▼ -3.4% |
| 2012 | 0.42x | Rs23.60 Billion | Rs55.99 Billion | ▲ +45.3% |
| 2011 | 0.29x | Rs22.88 Billion | Rs78.89 Billion | ▼ -45.4% |
| 2010 | 0.53x | Rs26.87 Billion | Rs50.58 Billion | ▼ -10.7% |
| 2009 | 0.59x | Rs13.59 Billion | Rs22.84 Billion | ▲ +2.5% |
| 2008 | 0.58x | Rs12.12 Billion | Rs20.87 Billion | ▲ +64.8% |
| 2007 | 0.35x | Rs6.25 Billion | Rs17.74 Billion | ▼ -29.7% |
| 2006 | 0.50x | Rs9.36 Billion | Rs18.69 Billion | ▲ +21.0% |
| 2005 | 0.41x | Rs7.47 Billion | Rs18.04 Billion | ▼ -35.1% |
| 2004 | 0.64x | Rs9.73 Billion | Rs15.25 Billion | — |