Morgan Stanley (MS) — Cash Flow-to-Debt Ratio
Morgan Stanley (MS) has a Cash Flow-to-Debt Ratio of 0.00x as of March 2026, meaning its operating cash flow of $-7.10 Billion could theoretically repay 0% of its total liabilities ($1.47 Trillion) in one year. See MS financial flexibility index 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
Morgan Stanley Cash Flow-to-Debt Ratio (1989–2025)
Historical debt coverage capacity for Morgan Stanley across 37 annual periods. For the full cash flow conversion analysis, see Morgan Stanley (MS) cash conversion ratio.
Annual Cash Flow-to-Debt Ratio for Morgan Stanley (1989–2025)
Year-by-year debt coverage analysis for Morgan Stanley. Check MS cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.04x | $49.00 Billion | $1.31 Trillion | ▲ +2952.8% |
| 2024 | 0.00x | $1.36 Billion | $1.11 Trillion | ▲ +104.0% |
| 2023 | -0.03x | $-33.54 Billion | $1.09 Trillion | ▼ -417.2% |
| 2022 | -0.01x | $-6.40 Billion | $1.08 Trillion | ▼ -118.9% |
| 2021 | 0.03x | $33.97 Billion | $1.08 Trillion | ▲ +226.1% |
| 2020 | -0.02x | $-25.23 Billion | $1.01 Trillion | ▼ -149.7% |
| 2019 | 0.05x | $40.77 Billion | $812.73 Billion | ▲ +430.3% |
| 2018 | 0.01x | $7.30 Billion | $772.12 Billion | ▲ +262.4% |
| 2017 | -0.01x | $-4.50 Billion | $773.27 Billion | ▼ -275.7% |
| 2016 | 0.00x | $2.45 Billion | $737.77 Billion | ▼ -35.8% |
| 2015 | 0.01x | $3.67 Billion | $711.28 Billion | ▲ +233.1% |
| 2014 | 0.00x | $1.13 Billion | $729.41 Billion | ▼ -96.6% |
| 2013 | 0.05x | $35.01 Billion | $763.67 Billion | ▲ +32.5% |
| 2012 | 0.03x | $24.76 Billion | $715.53 Billion | ▲ +52.9% |
| 2011 | 0.02x | $15.38 Billion | $679.82 Billion | ▼ -58.6% |
| 2010 | 0.05x | $40.61 Billion | $742.29 Billion | ▲ +185.6% |
| 2009 | -0.06x | $-45.95 Billion | $718.68 Billion | ▼ -154.6% |
| 2008 | 0.12x | $73.42 Billion | $627.31 Billion | ▲ +637.2% |
| 2007 | -0.02x | $-22.09 Billion | $1.01 Trillion | ▲ +61.1% |
| 2006 | -0.06x | $-60.80 Billion | $1.09 Trillion | ▼ -55.3% |
| 2005 | -0.04x | $-31.35 Billion | $869.34 Billion | ▼ -5.8% |
| 2004 | -0.03x | $-24.51 Billion | $719.13 Billion | ▼ -932.3% |
| 2003 | 0.00x | $2.35 Billion | $575.17 Billion | ▲ +141.0% |
| 2002 | -0.01x | $-5.05 Billion | $506.40 Billion | ▲ +80.9% |
| 2001 | -0.05x | $-24.09 Billion | $460.70 Billion | ▼ -780.9% |
| 2000 | -0.01x | $-2.38 Billion | $401.61 Billion | ▲ +92.9% |
| 1999 | -0.08x | $-29.27 Billion | $349.55 Billion | ▼ -264.6% |
| 1998 | 0.05x | $15.37 Billion | $302.07 Billion | ▲ +2586.2% |
| 1997 | 0.00x | $-588.00 Million | $287.33 Billion | ▼ -103.5% |
| 1996 | 0.06x | $2.21 Billion | $37.25 Billion | ▲ +34.0% |
| 1995 | 0.04x | $1.48 Billion | $33.37 Billion | ▼ -57.6% |
| 1994 | 0.10x | $2.89 Billion | $27.75 Billion | ▲ +86.7% |
| 1993 | 0.06x | $1.35 Billion | $24.19 Billion | ▼ -10.5% |
| 1992 | 0.06x | $4.80 Billion | $76.92 Billion | ▲ +237.4% |
| 1991 | -0.05x | $-2.76 Billion | $60.72 Billion | ▲ +50.2% |
| 1990 | -0.09x | $-4.68 Billion | $51.35 Billion | ▲ +44.8% |
| 1989 | -0.17x | $-8.46 Billion | $51.25 Billion | — |