International Paper (IP) — Cash Flow-to-Debt Ratio
International Paper (IP) has a Cash Flow-to-Debt Ratio of 0.02x as of June 2026, meaning its operating cash flow of $526.00 Million could theoretically repay 0% of its total liabilities ($22.07 Billion) in one year. See IP financial flexibility score 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
International Paper Cash Flow-to-Debt Ratio (1989–2025)
Historical debt coverage capacity for International Paper across 37 annual periods. For the full cash flow conversion analysis, see International Paper cash conversion from operations.
Annual Cash Flow-to-Debt Ratio for International Paper (1989–2025)
Year-by-year debt coverage analysis for International Paper. Check International Paper earnings quality 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 | 0.07x | $1.70 Billion | $23.14 Billion | ▼ -36.0% |
| 2024 | 0.11x | $1.68 Billion | $14.63 Billion | ▼ -6.7% |
| 2023 | 0.12x | $1.83 Billion | $14.91 Billion | ▼ -12.6% |
| 2022 | 0.14x | $2.17 Billion | $15.44 Billion | ▲ +12.1% |
| 2021 | 0.13x | $2.03 Billion | $16.16 Billion | ▼ -2.2% |
| 2020 | 0.13x | $3.06 Billion | $23.85 Billion | ▼ -8.4% |
| 2019 | 0.14x | $3.61 Billion | $25.75 Billion | ▲ +13.8% |
| 2018 | 0.12x | $3.23 Billion | $26.19 Billion | ▲ +91.8% |
| 2017 | 0.06x | $1.76 Billion | $27.36 Billion | ▼ -24.9% |
| 2016 | 0.09x | $2.48 Billion | $28.99 Billion | ▼ -11.6% |
| 2015 | 0.10x | $2.58 Billion | $26.68 Billion | ▼ -26.4% |
| 2014 | 0.13x | $3.08 Billion | $23.42 Billion | ▲ +0.9% |
| 2013 | 0.13x | $3.03 Billion | $23.24 Billion | ▲ +12.0% |
| 2012 | 0.12x | $2.97 Billion | $25.52 Billion | ▼ -12.9% |
| 2011 | 0.13x | $2.67 Billion | $20.03 Billion | ▲ +49.7% |
| 2010 | 0.09x | $1.63 Billion | $18.28 Billion | ▼ -63.0% |
| 2009 | 0.24x | $4.66 Billion | $19.29 Billion | ▲ +103.5% |
| 2008 | 0.12x | $2.67 Billion | $22.51 Billion | ▼ -4.1% |
| 2007 | 0.12x | $1.89 Billion | $15.26 Billion | ▲ +60.3% |
| 2006 | 0.08x | $1.22 Billion | $15.86 Billion | ▲ +3.2% |
| 2005 | 0.07x | $1.51 Billion | $20.21 Billion | ▼ -23.6% |
| 2004 | 0.10x | $2.39 Billion | $24.41 Billion | ▲ +36.8% |
| 2003 | 0.07x | $1.82 Billion | $25.49 Billion | ▼ -14.8% |
| 2002 | 0.08x | $2.09 Billion | $24.97 Billion | ▲ +25.2% |
| 2001 | 0.07x | $1.71 Billion | $25.59 Billion | ▼ -20.8% |
| 2000 | 0.08x | $2.43 Billion | $28.72 Billion | ▼ -10.0% |
| 1999 | 0.09x | $1.73 Billion | $18.38 Billion | ▼ -10.9% |
| 1998 | 0.11x | $1.67 Billion | $15.85 Billion | ▲ +39.3% |
| 1997 | 0.08x | $1.24 Billion | $16.40 Billion | ▼ -25.8% |
| 1996 | 0.10x | $1.74 Billion | $17.04 Billion | ▼ -35.5% |
| 1995 | 0.16x | $2.25 Billion | $14.21 Billion | ▲ +25.4% |
| 1994 | 0.13x | $1.27 Billion | $10.11 Billion | ▲ +25.2% |
| 1993 | 0.10x | $929.00 Million | $9.22 Billion | ▼ -15.5% |
| 1992 | 0.12x | $1.08 Billion | $9.04 Billion | ▼ -16.0% |
| 1991 | 0.14x | $1.15 Billion | $8.12 Billion | ▼ -24.4% |
| 1990 | 0.19x | $1.39 Billion | $7.39 Billion | ▼ -19.8% |
| 1989 | 0.23x | $1.42 Billion | $6.07 Billion | — |