National Fertilizers Limited (NFL) — Cash Flow-to-Debt Ratio
National Fertilizers Limited (NFL) has a Cash Flow-to-Debt Ratio of -0.22x as of September 2025, meaning its operating cash flow of Rs-23.15 Billion could theoretically repay 0% of its total liabilities (Rs107.20 Billion) in one year. See National Fertilizers 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
National Fertilizers Limited Cash Flow-to-Debt Ratio (2005–2026)
Historical debt coverage capacity for National Fertilizers Limited across 22 annual periods. For the full cash flow conversion analysis, see NFL cash flow metrics.
Annual Cash Flow-to-Debt Ratio for National Fertilizers Limited (2005–2026)
Year-by-year debt coverage analysis for National Fertilizers Limited. Check National Fertilizers Limited cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (INR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2026 | -0.18x | Rs-15.73 Billion | Rs88.83 Billion | ▼ -145.1% |
| 2025 | 0.39x | Rs25.90 Billion | Rs65.95 Billion | ▲ +408.6% |
| 2024 | 0.08x | Rs6.68 Billion | Rs86.51 Billion | ▲ +331.6% |
| 2023 | -0.03x | Rs-3.33 Billion | Rs99.92 Billion | ▲ +72.6% |
| 2022 | -0.12x | Rs-10.29 Billion | Rs84.47 Billion | ▼ -110.9% |
| 2021 | 1.12x | Rs70.21 Billion | Rs62.72 Billion | ▲ +3010.0% |
| 2020 | -0.04x | Rs-4.87 Billion | Rs126.61 Billion | ▲ +83.4% |
| 2019 | -0.23x | Rs-27.07 Billion | Rs116.93 Billion | ▼ -206.5% |
| 2018 | 0.22x | Rs16.61 Billion | Rs76.41 Billion | ▼ -25.9% |
| 2017 | 0.29x | Rs24.53 Billion | Rs83.55 Billion | ▲ +67.1% |
| 2016 | 0.18x | Rs18.48 Billion | Rs105.18 Billion | ▲ +593.0% |
| 2015 | 0.03x | Rs3.04 Billion | Rs119.74 Billion | ▲ +119.3% |
| 2014 | -0.13x | Rs-16.08 Billion | Rs122.58 Billion | ▼ -83.6% |
| 2013 | -0.07x | Rs-6.78 Billion | Rs94.91 Billion | ▼ -181.6% |
| 2012 | -0.03x | Rs-1.18 Billion | Rs46.55 Billion | ▲ +84.9% |
| 2011 | -0.17x | Rs-2.86 Billion | Rs16.96 Billion | ▼ -239.7% |
| 2010 | 0.12x | Rs1.59 Billion | Rs13.20 Billion | ▲ +82.1% |
| 2009 | 0.07x | Rs838.90 Million | Rs12.67 Billion | ▼ -84.1% |
| 2008 | 0.42x | Rs6.26 Billion | Rs14.98 Billion | ▲ +902.8% |
| 2007 | -0.05x | Rs-632.34 Million | Rs12.16 Billion | ▲ +76.9% |
| 2006 | -0.23x | Rs-2.23 Billion | Rs9.89 Billion | ▼ -146.7% |
| 2005 | 0.48x | Rs5.71 Billion | Rs11.81 Billion | — |