MRF Limited (MRF) — Cash Flow-to-Debt Ratio
MRF Limited (MRF) has a Cash Flow-to-Debt Ratio of 0.17x as of September 2025, meaning its operating cash flow of Rs18.70 Billion could theoretically repay 0% of its total liabilities (Rs108.79 Billion) in one year. See MRF financial flexibility index 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
MRF Limited Cash Flow-to-Debt Ratio (2004–2026)
Historical debt coverage capacity for MRF Limited across 22 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of MRF Limited.
Annual Cash Flow-to-Debt Ratio for MRF Limited (2004–2026)
Year-by-year debt coverage analysis for MRF Limited. Check MRF operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (INR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2026 | 0.40x | Rs44.26 Billion | Rs109.79 Billion | ▲ +139.1% |
| 2025 | 0.17x | Rs18.68 Billion | Rs110.78 Billion | ▼ -48.2% |
| 2024 | 0.33x | Rs33.01 Billion | Rs101.46 Billion | ▲ +14.1% |
| 2023 | 0.29x | Rs27.55 Billion | Rs96.62 Billion | ▲ +545.4% |
| 2022 | -0.06x | Rs-5.78 Billion | Rs90.28 Billion | ▼ -113.6% |
| 2021 | 0.47x | Rs43.25 Billion | Rs91.68 Billion | ▲ +50.0% |
| 2020 | 0.31x | Rs22.73 Billion | Rs72.28 Billion | ▲ +90.8% |
| 2019 | 0.16x | Rs12.53 Billion | Rs76.04 Billion | ▼ -54.2% |
| 2018 | 0.36x | Rs24.25 Billion | Rs67.40 Billion | ▲ +18.6% |
| 2017 | 0.30x | Rs19.55 Billion | Rs64.42 Billion | ▼ -34.0% |
| 2016 | 0.46x | Rs27.90 Billion | Rs60.69 Billion | ▲ +43.4% |
| 2014 | 0.32x | Rs16.98 Billion | Rs52.94 Billion | ▲ +4.0% |
| 2013 | 0.31x | Rs14.26 Billion | Rs46.23 Billion | ▲ +30.3% |
| 2012 | 0.24x | Rs10.34 Billion | Rs43.67 Billion | ▲ +244.1% |
| 2011 | 0.07x | Rs2.77 Billion | Rs40.31 Billion | ▲ +1.1% |
| 2010 | 0.07x | Rs1.58 Billion | Rs23.26 Billion | ▼ -88.7% |
| 2009 | 0.60x | Rs8.47 Billion | Rs14.07 Billion | ▲ +403.0% |
| 2008 | 0.12x | Rs2.70 Billion | Rs22.55 Billion | ▼ -39.7% |
| 2007 | 0.20x | Rs3.06 Billion | Rs15.42 Billion | ▼ -9.6% |
| 2006 | 0.22x | Rs2.75 Billion | Rs12.51 Billion | ▲ +207.1% |
| 2005 | 0.07x | Rs804.00 Million | Rs11.24 Billion | ▼ -31.3% |
| 2004 | 0.10x | Rs1.00 Billion | Rs9.63 Billion | — |