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. Explore MFSL long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Max Financial Services Limited Cash Flow-to-Debt Ratio (2004–2026)
Historical debt coverage capacity for Max Financial Services Limited across 23 annual periods. Also explore Max Financial Services Limited balance sheet assets for the complete picture of this company's asset base.
Annual Cash Flow-to-Debt Ratio for Max Financial Services Limited (2004–2026)
Year-by-year debt coverage analysis for Max Financial Services Limited. For market capitalisation and broader financial context, see Max Financial Services Limited stock valuation.
| Year | CF-to-Debt Ratio | Operating CF (INR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2026 | 0.06x | Rs114.73 Billion | Rs1.93 Trillion | ▲ +31.0% |
| 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 | — |