Topgolf Callaway Brands Corp. (MODG) — Cash Flow-to-Debt Ratio
Topgolf Callaway Brands Corp. (MODG) has a Cash Flow-to-Debt Ratio of 0.04x as of September 2025, meaning its operating cash flow of $228.40 Million could theoretically repay 0% of its total liabilities ($5.09 Billion) in one year. See Topgolf Callaway Brands Corp. free cash flow ratio 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
Topgolf Callaway Brands Corp. Cash Flow-to-Debt Ratio (1991–2024)
Historical debt coverage capacity for Topgolf Callaway Brands Corp. across 34 annual periods. Also explore Topgolf Callaway Brands Corp. net asset momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Topgolf Callaway Brands Corp. (1991–2024)
Year-by-year debt coverage analysis for Topgolf Callaway Brands Corp.. For market capitalisation and broader financial context, see market cap of Topgolf Callaway Brands Corp..
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.07x | $382.00 Million | $5.23 Billion | ▲ +5.0% |
| 2023 | 0.07x | $364.70 Million | $5.24 Billion | ▲ +1054.5% |
| 2022 | -0.01x | $-35.10 Million | $4.82 Billion | ▼ -110.6% |
| 2021 | 0.07x | $278.26 Million | $4.06 Billion | ▼ -60.9% |
| 2020 | 0.17x | $228.24 Million | $1.30 Billion | ▲ +141.1% |
| 2019 | 0.07x | $86.55 Million | $1.19 Billion | ▼ -75.0% |
| 2018 | 0.29x | $92.28 Million | $318.64 Million | ▼ -18.4% |
| 2017 | 0.35x | $117.70 Million | $331.78 Million | ▼ -12.0% |
| 2016 | 0.40x | $77.71 Million | $192.68 Million | ▲ +187.9% |
| 2015 | 0.14x | $30.58 Million | $218.28 Million | ▲ +26.6% |
| 2014 | 0.11x | $36.88 Million | $333.28 Million | ▲ +569.0% |
| 2013 | -0.02x | $-8.95 Million | $379.24 Million | ▲ +74.1% |
| 2012 | -0.09x | $-28.81 Million | $316.21 Million | ▼ -293.3% |
| 2011 | 0.05x | $10.10 Million | $214.30 Million | ▼ -7.5% |
| 2010 | 0.05x | $9.63 Million | $189.13 Million | ▼ -80.3% |
| 2009 | 0.26x | $42.87 Million | $166.05 Million | ▲ +85.7% |
| 2008 | 0.14x | $41.62 Million | $299.31 Million | ▼ -73.8% |
| 2007 | 0.53x | $151.98 Million | $286.75 Million | ▲ +718.1% |
| 2006 | 0.06x | $17.29 Million | $266.84 Million | ▼ -84.5% |
| 2005 | 0.42x | $70.30 Million | $168.45 Million | ▲ +630.4% |
| 2004 | 0.06x | $8.54 Million | $149.42 Million | ▼ -92.3% |
| 2003 | 0.75x | $118.74 Million | $159.18 Million | ▼ -26.9% |
| 2002 | 1.02x | $139.21 Million | $136.46 Million | ▲ +35.7% |
| 2001 | 0.75x | $100.15 Million | $133.25 Million | ▼ -1.6% |
| 2000 | 0.76x | $91.06 Million | $119.19 Million | ▼ -46.3% |
| 1999 | 1.42x | $166.30 Million | $116.90 Million | ▲ +848.5% |
| 1998 | 0.15x | $30.40 Million | $202.70 Million | ▼ -92.7% |
| 1997 | 2.06x | $165.50 Million | $80.30 Million | ▲ +82.4% |
| 1996 | 1.13x | $74.70 Million | $66.10 Million | ▼ -22.9% |
| 1995 | 1.47x | $95.40 Million | $65.10 Million | ▲ +100.5% |
| 1994 | 0.73x | $41.80 Million | $57.20 Million | ▼ -38.4% |
| 1993 | 1.19x | $33.00 Million | $27.80 Million | ▲ +63.1% |
| 1992 | 0.73x | $13.90 Million | $19.10 Million | ▲ +97.9% |
| 1991 | 0.37x | $5.00 Million | $13.60 Million | — |