Mahindra & Mahindra Limited (M&M) — Cash Flow-to-Debt Ratio
Mahindra & Mahindra Limited (M&M) has a Cash Flow-to-Debt Ratio of 0.09x as of December 2025, meaning its operating cash flow of Rs91.28 Billion could theoretically repay 0% of its total liabilities (Rs1.04 Trillion) in one year. See M&M free cash flow generation 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
Mahindra & Mahindra Limited Cash Flow-to-Debt Ratio (2005–2026)
Historical debt coverage capacity for Mahindra & Mahindra Limited across 22 annual periods. Also explore how fast is Mahindra & Mahindra Limited growing its equity to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Mahindra & Mahindra Limited (2005–2026)
Year-by-year debt coverage analysis for Mahindra & Mahindra Limited. For market capitalisation and broader financial context, see M&M company net worth.
| Year | CF-to-Debt Ratio | Operating CF (INR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2026 | 0.13x | Rs131.14 Billion | Rs1.04 Trillion | ▲ +646.1% |
| 2025 | 0.02x | Rs31.75 Billion | Rs1.88 Trillion | ▲ +147.5% |
| 2024 | -0.04x | Rs-56.30 Billion | Rs1.59 Trillion | ▲ +30.4% |
| 2023 | -0.05x | Rs-70.74 Billion | Rs1.39 Trillion | ▼ -164.6% |
| 2022 | 0.08x | Rs92.48 Billion | Rs1.17 Trillion | ▼ -49.0% |
| 2021 | 0.15x | Rs179.09 Billion | Rs1.16 Trillion | ▲ +1372.0% |
| 2020 | -0.01x | Rs-14.51 Billion | Rs1.19 Trillion | ▲ +67.8% |
| 2019 | -0.04x | Rs-43.47 Billion | Rs1.15 Trillion | ▼ -610.9% |
| 2018 | 0.01x | Rs6.82 Billion | Rs921.85 Billion | ▲ +784.5% |
| 2017 | 0.00x | Rs658.40 Million | Rs787.31 Billion | ▼ -93.7% |
| 2016 | 0.01x | Rs9.71 Billion | Rs732.76 Billion | ▼ -20.8% |
| 2015 | 0.02x | Rs10.55 Billion | Rs630.95 Billion | ▲ +506.3% |
| 2014 | 0.00x | Rs-2.44 Billion | Rs592.30 Billion | ▲ +77.1% |
| 2013 | -0.02x | Rs-9.22 Billion | Rs512.12 Billion | ▼ -1349.7% |
| 2012 | 0.00x | Rs613.10 Million | Rs425.74 Billion | ▲ +102.0% |
| 2011 | -0.07x | Rs-23.26 Billion | Rs315.41 Billion | ▼ -160.6% |
| 2010 | 0.12x | Rs27.99 Billion | Rs229.96 Billion | ▼ -24.1% |
| 2009 | 0.16x | Rs34.02 Billion | Rs212.22 Billion | ▲ +290.8% |
| 2008 | 0.04x | Rs6.99 Billion | Rs170.41 Billion | ▲ +437.0% |
| 2007 | -0.01x | Rs-1.62 Billion | Rs133.48 Billion | ▲ +76.2% |
| 2006 | -0.05x | Rs-4.59 Billion | Rs89.68 Billion | ▼ -0.8% |
| 2005 | -0.05x | Rs-3.35 Billion | Rs66.04 Billion | — |