Vardhman Special Steels Limited (VSSL) — Cash Flow-to-Debt Ratio
Vardhman Special Steels Limited (VSSL) has a Cash Flow-to-Debt Ratio of 0.20x as of September 2025, meaning its operating cash flow of Rs709.09 Million could theoretically repay 0% of its total liabilities (Rs3.51 Billion) in one year. See Vardhman Special Steels Limited (VSSL) free cash flow 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
Vardhman Special Steels Limited Cash Flow-to-Debt Ratio (2011–2026)
Historical debt coverage capacity for Vardhman Special Steels Limited across 16 annual periods. Also explore VSSL net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Vardhman Special Steels Limited (2011–2026)
Year-by-year debt coverage analysis for Vardhman Special Steels Limited. For market capitalisation and broader financial context, see market value of Vardhman Special Steels Limited.
| Year | CF-to-Debt Ratio | Operating CF (INR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2026 | 0.30x | Rs1.06 Billion | Rs3.56 Billion | ▼ -20.7% |
| 2025 | 0.38x | Rs1.27 Billion | Rs3.38 Billion | ▼ -15.5% |
| 2024 | 0.44x | Rs1.42 Billion | Rs3.20 Billion | ▲ +134.6% |
| 2023 | 0.19x | Rs735.75 Million | Rs3.88 Billion | ▲ +17.8% |
| 2022 | 0.16x | Rs588.80 Million | Rs3.66 Billion | ▼ -36.7% |
| 2021 | 0.25x | Rs872.39 Million | Rs3.43 Billion | ▼ -33.1% |
| 2020 | 0.38x | Rs1.35 Billion | Rs3.57 Billion | ▲ +1162.6% |
| 2019 | -0.04x | Rs-188.47 Million | Rs5.27 Billion | ▼ -207.5% |
| 2018 | 0.03x | Rs112.10 Million | Rs3.37 Billion | ▼ -79.7% |
| 2017 | 0.16x | Rs680.35 Million | Rs4.15 Billion | ▲ +42.7% |
| 2016 | 0.11x | Rs501.00 Million | Rs4.36 Billion | ▲ +256.2% |
| 2015 | -0.07x | Rs-327.49 Million | Rs4.45 Billion | ▲ +22.4% |
| 2014 | -0.09x | Rs-358.95 Million | Rs3.78 Billion | ▼ -166.9% |
| 2013 | 0.14x | Rs550.14 Million | Rs3.88 Billion | ▲ +676.7% |
| 2012 | 0.02x | Rs51.25 Million | Rs2.81 Billion | ▲ +121.9% |
| 2011 | -0.08x | Rs-77.34 Million | Rs925.96 Million | — |