Discover Financial Services (DFS) — Cash Flow-to-Debt Ratio
Discover Financial Services (DFS) has a Cash Flow-to-Debt Ratio of 0.02x as of March 2025, meaning its operating cash flow of $2.13 Billion could theoretically repay 0% of its total liabilities ($128.95 Billion) in one year. See cash generation quality of Discover Financial Services 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
Discover Financial Services Cash Flow-to-Debt Ratio (2005–2024)
Historical debt coverage capacity for Discover Financial Services across 20 annual periods. Also explore DFS year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Discover Financial Services (2005–2024)
Year-by-year debt coverage analysis for Discover Financial Services. For market capitalisation and broader financial context, see market value of Discover Financial Services.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.06x | $8.43 Billion | $129.71 Billion | ▲ +3.7% |
| 2023 | 0.06x | $8.56 Billion | $136.69 Billion | ▲ +2.7% |
| 2022 | 0.06x | $7.14 Billion | $117.04 Billion | ▼ -1.9% |
| 2021 | 0.06x | $6.02 Billion | $96.83 Billion | ▼ -78.7% |
| 2020 | 0.29x | $6.20 Billion | $21.24 Billion | ▲ +21.0% |
| 2019 | 0.24x | $6.20 Billion | $25.70 Billion | ▲ +357.1% |
| 2018 | 0.05x | $5.19 Billion | $98.42 Billion | ▼ -9.7% |
| 2017 | 0.06x | $5.21 Billion | $89.19 Billion | ▲ +6.9% |
| 2016 | 0.05x | $4.42 Billion | $80.98 Billion | ▲ +7.3% |
| 2015 | 0.05x | $3.85 Billion | $75.66 Billion | ▼ -4.2% |
| 2014 | 0.05x | $3.83 Billion | $71.99 Billion | ▲ +3.6% |
| 2013 | 0.05x | $3.52 Billion | $68.53 Billion | ▲ +7.4% |
| 2012 | 0.05x | $3.04 Billion | $63.62 Billion | ▼ -19.4% |
| 2011 | 0.06x | $3.61 Billion | $60.88 Billion | ▼ -16.8% |
| 2010 | 0.07x | $3.87 Billion | $54.33 Billion | ▼ -25.5% |
| 2009 | 0.10x | $3.60 Billion | $37.59 Billion | ▼ -27.8% |
| 2008 | 0.13x | $4.50 Billion | $33.98 Billion | ▲ +106.7% |
| 2007 | 0.06x | $2.04 Billion | $31.78 Billion | ▼ -13.2% |
| 2006 | 0.07x | $1.72 Billion | $23.29 Billion | ▲ +0.9% |
| 2005 | 0.07x | $1.64 Billion | $22.34 Billion | — |