Air Products and Chemicals Inc (APD) — 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. See Air Products and Chemicals Inc free cash flow generation 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
Air Products and Chemicals Inc Cash Flow-to-Debt Ratio (1989–2025)
Historical debt coverage capacity for Air Products and Chemicals Inc across 37 annual periods. Also explore APD shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Air Products and Chemicals Inc (1989–2025)
Year-by-year debt coverage analysis for Air Products and Chemicals Inc. For market capitalisation and broader financial context, see APD stock market capitalisation.
| 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 | — |