The AES Corporation Cash Flow-to-Debt Ratio
The AES Corporation cash flow-to-debt ratio. The AES Corporation (AES) has a Cash Flow-to-Debt Ratio of 0.03x as of March 2026, meaning its operating cash flow of $1.20 Billion could theoretically repay 0% of its total liabilities ($43.46 Billion) in one year. Check how aggressively does The AES Corporation reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of The AES Corporation (1994–2025)
Cash flow-to-debt ratio of The AES Corporation from 1994 to 2025. Historical debt coverage capacity for The AES Corporation across 32 annual periods. Check AES cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
The AES Corporation Cash Flow-to-Debt Ratio by Year (1994–2025)
The AES Corporation cash flow-to-debt ratio by year from 1994 to 2025. Year-by-year debt coverage analysis for The AES Corporation. For the full cash flow conversion analysis, see how efficiently does The AES Corporation generate cash.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.11x | $4.31 Billion | $39.84 Billion | ▲ +55.9% |
| 2024 | 0.07x | $2.75 Billion | $39.70 Billion | ▼ -11.3% |
| 2023 | 0.08x | $3.03 Billion | $38.81 Billion | ▼ -2.5% |
| 2022 | 0.08x | $2.71 Billion | $33.86 Billion | ▲ +19.7% |
| 2021 | 0.07x | $1.90 Billion | $28.40 Billion | ▼ -27.3% |
| 2020 | 0.09x | $2.75 Billion | $29.88 Billion | ▲ +6.2% |
| 2019 | 0.09x | $2.47 Billion | $28.42 Billion | ▼ -0.3% |
| 2018 | 0.09x | $2.34 Billion | $26.92 Billion | ▼ -1.1% |
| 2017 | 0.09x | $2.49 Billion | $28.27 Billion | ▼ -7.1% |
| 2016 | 0.09x | $2.88 Billion | $30.42 Billion | ▲ +34.6% |
| 2015 | 0.07x | $2.13 Billion | $30.30 Billion | ▲ +24.4% |
| 2014 | 0.06x | $1.79 Billion | $31.64 Billion | ▼ -31.7% |
| 2013 | 0.08x | $2.71 Billion | $32.76 Billion | ▼ -2.0% |
| 2012 | 0.08x | $2.90 Billion | $34.32 Billion | ▲ +4.1% |
| 2011 | 0.08x | $2.88 Billion | $35.53 Billion | ▼ -30.4% |
| 2010 | 0.12x | $3.51 Billion | $30.10 Billion | ▲ +61.5% |
| 2009 | 0.07x | $2.21 Billion | $30.66 Billion | ▼ -7.4% |
| 2008 | 0.08x | $2.17 Billion | $27.78 Billion | ▲ +3.5% |
| 2007 | 0.08x | $2.36 Billion | $31.29 Billion | ▼ -11.6% |
| 2006 | 0.09x | $2.41 Billion | $28.30 Billion | ▲ +1.2% |
| 2005 | 0.08x | $2.17 Billion | $25.71 Billion | ▲ +42.8% |
| 2004 | 0.06x | $1.57 Billion | $26.66 Billion | ▲ +1.3% |
| 2003 | 0.06x | $1.64 Billion | $28.21 Billion | ▲ +32.3% |
| 2002 | 0.04x | $1.51 Billion | $34.29 Billion | ▼ -22.6% |
| 2001 | 0.06x | $1.69 Billion | $29.74 Billion | ▲ +222.7% |
| 2000 | 0.02x | $459.00 Million | $26.05 Billion | ▲ +52.9% |
| 1999 | 0.01x | $197.00 Million | $17.09 Billion | ▼ -83.2% |
| 1998 | 0.07x | $528.00 Million | $7.71 Billion | ▲ +125.6% |
| 1997 | 0.03x | $193.00 Million | $6.35 Billion | ▼ -55.1% |
| 1996 | 0.07x | $182.00 Million | $2.69 Billion | ▼ -43.8% |
| 1995 | 0.12x | $197.00 Million | $1.63 Billion | ▼ -1.9% |
| 1994 | 0.12x | $163.50 Million | $1.33 Billion | — |