Max Financial Services Limited (MFSL) — Cash Flow-to-Debt Ratio
Max Financial Services Limited (MFSL) has a Cash Flow-to-Debt Ratio of 0.01x as of September 2025, meaning its operating cash flow of Rs16.90 Billion could theoretically repay 0% of its total liabilities (Rs1.90 Trillion) in one year. See Max Financial Services Limited (MFSL) 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
Max Financial Services Limited Cash Flow-to-Debt Ratio (2004–2025)
Historical debt coverage capacity for Max Financial Services Limited across 22 annual periods. Also explore net asset momentum of Max Financial Services Limited to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Max Financial Services Limited (2004–2025)
Year-by-year debt coverage analysis for Max Financial Services Limited. For market capitalisation and broader financial context, see Max Financial Services Limited (MFSL) market capitalisation.
| Year | CF-to-Debt Ratio | Operating CF (INR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.05x | Rs83.52 Billion | Rs1.84 Trillion | ▲ +18.0% |
| 2024 | 0.04x | Rs61.07 Billion | Rs1.58 Trillion | ▼ -50.3% |
| 2023 | 0.08x | Rs99.22 Billion | Rs1.28 Trillion | ▲ +3.5% |
| 2022 | 0.08x | Rs84.96 Billion | Rs1.13 Trillion | ▼ -17.8% |
| 2021 | 0.09x | Rs86.21 Billion | Rs945.27 Billion | ▼ -30.9% |
| 2020 | 0.13x | Rs94.68 Billion | Rs717.07 Billion | ▼ -3.7% |
| 2019 | 0.14x | Rs88.26 Billion | Rs643.78 Billion | ▲ +2.4% |
| 2018 | 0.13x | Rs69.51 Billion | Rs518.99 Billion | ▲ +37.1% |
| 2017 | 0.10x | Rs42.66 Billion | Rs436.56 Billion | ▼ -8.8% |
| 2016 | 0.11x | Rs38.02 Billion | Rs354.79 Billion | ▲ +31.2% |
| 2015 | 0.08x | Rs25.79 Billion | Rs315.84 Billion | ▼ -5.3% |
| 2014 | 0.09x | Rs21.78 Billion | Rs252.47 Billion | ▼ -6.6% |
| 2013 | 0.09x | Rs19.41 Billion | Rs210.15 Billion | ▼ -43.6% |
| 2012 | 0.16x | Rs28.54 Billion | Rs174.29 Billion | ▼ -9.0% |
| 2011 | 0.18x | Rs26.81 Billion | Rs149.02 Billion | ▼ -19.0% |
| 2010 | 0.22x | Rs24.67 Billion | Rs111.01 Billion | ▼ -11.2% |
| 2009 | 0.25x | Rs15.24 Billion | Rs60.93 Billion | ▼ -19.8% |
| 2008 | 0.31x | Rs14.00 Billion | Rs44.92 Billion | ▲ +19.2% |
| 2007 | 0.26x | Rs6.62 Billion | Rs25.32 Billion | ▲ +46.4% |
| 2006 | 0.18x | Rs2.52 Billion | Rs14.10 Billion | ▲ +235.8% |
| 2005 | 0.05x | Rs530.62 Million | Rs9.98 Billion | ▼ -39.2% |
| 2004 | 0.09x | Rs267.30 Million | Rs3.06 Billion | — |