Air Products and Chemicals Inc Cash Flow-to-Debt Ratio
Air Products and Chemicals Inc cash flow-to-debt ratio. Air Products and Chemicals Inc (APD) has a Cash Flow-to-Debt Ratio of 0.04x as of December 2025, meaning its operating cash flow of $900.70 Million could theoretically repay 0% of its total liabilities ($23.40 Billion) in one year. Check APD capex plus investments ratio 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 Air Products and Chemicals Inc (1989–2025)
Cash flow-to-debt ratio of Air Products and Chemicals Inc from 1989 to 2025. Historical debt coverage capacity for Air Products and Chemicals Inc across 37 annual periods. Check cash flow quality index of Air Products and Chemicals Inc to evaluate the quality of earnings relative to operating cash generation.
Air Products and Chemicals Inc Cash Flow-to-Debt Ratio by Year (1989–2025)
Air Products and Chemicals Inc cash flow-to-debt ratio by year from 1989 to 2025. Year-by-year debt coverage analysis for Air Products and Chemicals Inc. For the full cash flow conversion analysis, see APD operating cash flow.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.14x | $3.25 Billion | $23.71 Billion | ▼ -21.5% |
| 2024 | 0.17x | $3.65 Billion | $20.90 Billion | ▼ -11.1% |
| 2023 | 0.20x | $3.21 Billion | $16.34 Billion | ▼ -18.1% |
| 2022 | 0.24x | $3.23 Billion | $13.49 Billion | ▼ -8.5% |
| 2021 | 0.26x | $3.34 Billion | $12.77 Billion | ▲ +2.0% |
| 2020 | 0.26x | $3.26 Billion | $12.73 Billion | ▼ -34.7% |
| 2019 | 0.39x | $2.97 Billion | $7.55 Billion | ▲ +23.8% |
| 2018 | 0.32x | $2.54 Billion | $8.00 Billion | ▲ +67.8% |
| 2017 | 0.19x | $1.57 Billion | $8.28 Billion | ▼ -23.0% |
| 2016 | 0.25x | $2.66 Billion | $10.82 Billion | ▲ +0.4% |
| 2015 | 0.24x | $2.44 Billion | $9.95 Billion | ▲ +14.9% |
| 2014 | 0.21x | $2.19 Billion | $10.26 Billion | ▲ +44.9% |
| 2013 | 0.15x | $1.57 Billion | $10.65 Billion | ▼ -15.6% |
| 2012 | 0.17x | $1.80 Billion | $10.32 Billion | ▼ -17.0% |
| 2011 | 0.21x | $1.75 Billion | $8.35 Billion | ▲ +7.4% |
| 2010 | 0.20x | $1.52 Billion | $7.79 Billion | ▲ +19.7% |
| 2009 | 0.16x | $1.32 Billion | $8.10 Billion | ▼ -28.0% |
| 2008 | 0.23x | $1.68 Billion | $7.40 Billion | ▲ +5.8% |
| 2007 | 0.21x | $1.50 Billion | $6.99 Billion | ▼ -3.2% |
| 2006 | 0.22x | $1.35 Billion | $6.08 Billion | ▼ -8.5% |
| 2005 | 0.24x | $1.38 Billion | $5.68 Billion | ▲ +21.0% |
| 2004 | 0.20x | $1.09 Billion | $5.43 Billion | ▲ +6.3% |
| 2003 | 0.19x | $1.04 Billion | $5.50 Billion | ▼ -14.2% |
| 2002 | 0.22x | $1.06 Billion | $4.85 Billion | ▼ -1.6% |
| 2001 | 0.22x | $1.08 Billion | $4.86 Billion | ▲ +1.3% |
| 2000 | 0.22x | $1.17 Billion | $5.33 Billion | ▲ +4.0% |
| 1999 | 0.21x | $1.09 Billion | $5.15 Billion | ▲ +4.8% |
| 1998 | 0.20x | $973.70 Million | $4.82 Billion | ▼ -10.2% |
| 1997 | 0.22x | $1.03 Billion | $4.60 Billion | ▲ +17.4% |
| 1996 | 0.19x | $756.00 Million | $3.95 Billion | ▼ -8.8% |
| 1995 | 0.21x | $718.00 Million | $3.42 Billion | ▼ -20.8% |
| 1994 | 0.27x | $751.00 Million | $2.83 Billion | ▲ +20.8% |
| 1993 | 0.22x | $584.40 Million | $2.66 Billion | ▼ -12.2% |
| 1992 | 0.25x | $599.20 Million | $2.39 Billion | ▼ -3.6% |
| 1991 | 0.26x | $619.30 Million | $2.39 Billion | ▲ +8.8% |
| 1990 | 0.24x | $527.50 Million | $2.21 Billion | ▲ +3.0% |
| 1989 | 0.23x | $444.80 Million | $1.92 Billion | — |