Varun Beverages Limited (VBL) — Cash Flow-to-Debt Ratio
Varun Beverages Limited (VBL) has a Cash Flow-to-Debt Ratio of 0.16x as of December 2025, meaning its operating cash flow of Rs9.44 Billion could theoretically repay 0% of its total liabilities (Rs58.24 Billion) in one year. See how financially flexible is Varun Beverages Limited 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
Varun Beverages Limited Cash Flow-to-Debt Ratio (2012–2025)
Historical debt coverage capacity for Varun Beverages Limited across 14 annual periods. For the full cash flow conversion analysis, see Varun Beverages Limited (VBL) cash conversion ratio.
Annual Cash Flow-to-Debt Ratio for Varun Beverages Limited (2012–2025)
Year-by-year debt coverage analysis for Varun Beverages Limited. Check Varun Beverages 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 |
|---|---|---|---|---|
| 2025 | 0.59x | Rs34.48 Billion | Rs58.24 Billion | ▲ +12.1% |
| 2024 | 0.53x | Rs33.81 Billion | Rs64.04 Billion | ▲ +78.9% |
| 2023 | 0.30x | Rs23.91 Billion | Rs81.02 Billion | ▲ +5.5% |
| 2022 | 0.28x | Rs17.90 Billion | Rs64.03 Billion | ▲ +22.3% |
| 2021 | 0.23x | Rs12.31 Billion | Rs53.85 Billion | ▲ +10.0% |
| 2020 | 0.21x | Rs10.12 Billion | Rs48.70 Billion | ▼ -19.9% |
| 2019 | 0.26x | Rs13.05 Billion | Rs50.29 Billion | ▲ +4.5% |
| 2018 | 0.25x | Rs10.00 Billion | Rs40.25 Billion | ▲ +41.1% |
| 2017 | 0.18x | Rs6.19 Billion | Rs35.16 Billion | ▼ -29.3% |
| 2016 | 0.25x | Rs8.30 Billion | Rs33.35 Billion | ▲ +113.8% |
| 2015 | 0.12x | Rs5.55 Billion | Rs47.64 Billion | ▼ -20.2% |
| 2014 | 0.15x | Rs4.31 Billion | Rs29.52 Billion | ▲ +36.3% |
| 2013 | 0.11x | Rs2.97 Billion | Rs27.74 Billion | ▼ -9.0% |
| 2012 | 0.12x | Rs2.80 Billion | Rs23.83 Billion | — |