HEICO Corporation (HEI-A) — Cash Flow-to-Debt Ratio
HEICO Corporation (HEI-A) has a Cash Flow-to-Debt Ratio of 0.04x as of January 2026, meaning its operating cash flow of $178.60 Million could theoretically repay 0% of its total liabilities ($4.00 Billion) in one year. See how financially flexible is HEICO Corporation to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
HEICO Corporation Cash Flow-to-Debt Ratio (1989–2025)
Historical debt coverage capacity for HEICO Corporation across 37 annual periods. For the full cash flow conversion analysis, see cash flow conversion of HEICO Corporation.
Annual Cash Flow-to-Debt Ratio for HEICO Corporation (1989–2025)
Year-by-year debt coverage analysis for HEICO Corporation. Check HEICO Corporation (HEI-A) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.23x | $934.27 Million | $4.12 Billion | ▲ +31.3% |
| 2024 | 0.17x | $672.37 Million | $3.90 Billion | ▲ +53.9% |
| 2023 | 0.11x | $448.74 Million | $4.00 Billion | ▼ -73.2% |
| 2022 | 0.42x | $467.86 Million | $1.12 Billion | ▼ -10.7% |
| 2021 | 0.47x | $444.08 Million | $948.88 Million | ▲ +50.5% |
| 2020 | 0.31x | $409.12 Million | $1.32 Billion | ▼ -22.8% |
| 2019 | 0.40x | $437.38 Million | $1.09 Billion | ▲ +24.8% |
| 2018 | 0.32x | $328.49 Million | $1.02 Billion | ▲ +33.0% |
| 2017 | 0.24x | $274.88 Million | $1.13 Billion | ▼ -17.1% |
| 2016 | 0.29x | $249.18 Million | $851.20 Million | ▲ +27.3% |
| 2015 | 0.23x | $172.86 Million | $751.83 Million | ▼ -18.7% |
| 2014 | 0.28x | $190.69 Million | $674.63 Million | ▲ +73.6% |
| 2013 | 0.16x | $131.84 Million | $809.78 Million | ▼ -44.4% |
| 2012 | 0.29x | $138.59 Million | $473.09 Million | ▼ -40.4% |
| 2011 | 0.49x | $125.52 Million | $255.49 Million | ▼ -17.0% |
| 2010 | 0.59x | $101.72 Million | $171.77 Million | ▲ +44.7% |
| 2009 | 0.41x | $75.82 Million | $185.31 Million | ▼ -2.2% |
| 2008 | 0.42x | $73.16 Million | $174.80 Million | ▲ +36.1% |
| 2007 | 0.31x | $57.45 Million | $186.76 Million | ▲ +1.2% |
| 2006 | 0.30x | $46.91 Million | $154.26 Million | ▼ -4.0% |
| 2005 | 0.32x | $35.81 Million | $113.09 Million | ▼ -48.1% |
| 2004 | 0.61x | $44.05 Million | $72.21 Million | ▲ +55.7% |
| 2003 | 0.39x | $27.88 Million | $71.15 Million | ▲ +53.1% |
| 2002 | 0.26x | $23.29 Million | $90.95 Million | ▲ +54.9% |
| 2001 | 0.17x | $16.53 Million | $100.03 Million | ▲ +7.0% |
| 2000 | 0.15x | $12.13 Million | $78.54 Million | ▲ +100.6% |
| 1999 | 0.08x | $8.00 Million | $103.90 Million | ▼ -59.0% |
| 1998 | 0.19x | $9.50 Million | $50.60 Million | ▲ +181.6% |
| 1997 | 0.07x | $1.70 Million | $25.50 Million | ▼ -20.4% |
| 1996 | 0.08x | $1.70 Million | $20.30 Million | ▼ -79.7% |
| 1995 | 0.41x | $7.10 Million | $17.20 Million | ▲ +26.0% |
| 1994 | 0.33x | $3.90 Million | $11.90 Million | ▼ -4.0% |
| 1993 | 0.34x | $2.80 Million | $8.20 Million | ▲ +787.8% |
| 1992 | 0.04x | $800.00K | $20.80 Million | ▼ -95.8% |
| 1991 | 0.92x | $8.00 Million | $8.70 Million | ▲ +408.8% |
| 1990 | 0.18x | $1.50 Million | $8.30 Million | ▼ -65.0% |
| 1989 | 0.52x | $4.90 Million | $9.50 Million | — |