Polaris Industries Inc (PII) — Cash Flow-to-Debt Ratio
Polaris Industries Inc (PII) has a Cash Flow-to-Debt Ratio of 0.04x as of December 2025, meaning its operating cash flow of $178.70 Million could theoretically repay 0% of its total liabilities ($4.05 Billion) in one year. See PII free cash flow to operating cash 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
Polaris Industries Inc Cash Flow-to-Debt Ratio (1990–2025)
Historical debt coverage capacity for Polaris Industries Inc across 36 annual periods. Also explore Polaris Industries Inc equity growth rate to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Polaris Industries Inc (1990–2025)
Year-by-year debt coverage analysis for Polaris Industries Inc. For market capitalisation and broader financial context, see PII company net worth.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.18x | $741.00 Million | $4.05 Billion | ▲ +188.3% |
| 2024 | 0.06x | $268.20 Million | $4.23 Billion | ▼ -72.0% |
| 2023 | 0.23x | $925.80 Million | $4.10 Billion | ▲ +83.0% |
| 2022 | 0.12x | $508.60 Million | $4.12 Billion | ▲ +60.8% |
| 2021 | 0.08x | $293.70 Million | $3.82 Billion | ▼ -73.7% |
| 2020 | 0.29x | $1.02 Billion | $3.49 Billion | ▲ +48.1% |
| 2019 | 0.20x | $655.04 Million | $3.32 Billion | ▲ +34.6% |
| 2018 | 0.15x | $477.11 Million | $3.26 Billion | ▼ -45.5% |
| 2017 | 0.27x | $579.98 Million | $2.16 Billion | ▲ +4.9% |
| 2016 | 0.26x | $571.78 Million | $2.23 Billion | ▼ -18.3% |
| 2015 | 0.31x | $440.23 Million | $1.40 Billion | ▼ -28.1% |
| 2014 | 0.44x | $529.27 Million | $1.21 Billion | ▲ +1.9% |
| 2013 | 0.43x | $492.24 Million | $1.15 Billion | ▼ -17.9% |
| 2012 | 0.52x | $416.12 Million | $798.00 Million | ▲ +25.5% |
| 2011 | 0.42x | $302.53 Million | $727.97 Million | ▼ -3.6% |
| 2010 | 0.43x | $297.62 Million | $690.66 Million | ▲ +24.7% |
| 2009 | 0.35x | $193.20 Million | $559.11 Million | ▲ +20.7% |
| 2008 | 0.29x | $175.75 Million | $614.12 Million | ▼ -18.7% |
| 2007 | 0.35x | $210.16 Million | $596.90 Million | ▲ +47.8% |
| 2006 | 0.24x | $145.62 Million | $611.42 Million | ▼ -42.0% |
| 2005 | 0.41x | $161.53 Million | $393.61 Million | ▼ -28.3% |
| 2004 | 0.57x | $246.83 Million | $431.19 Million | ▲ +29.3% |
| 2003 | 0.44x | $155.76 Million | $351.97 Million | ▼ -23.9% |
| 2002 | 0.58x | $192.77 Million | $331.54 Million | ▲ +0.6% |
| 2001 | 0.58x | $188.58 Million | $326.38 Million | ▲ +53.2% |
| 2000 | 0.38x | $107.67 Million | $285.45 Million | ▼ -17.0% |
| 1999 | 0.45x | $124.40 Million | $273.80 Million | ▼ -15.6% |
| 1998 | 0.54x | $121.40 Million | $225.50 Million | ▲ +13.4% |
| 1997 | 0.47x | $102.30 Million | $215.50 Million | ▲ +4.6% |
| 1996 | 0.45x | $89.10 Million | $196.40 Million | ▲ +16.3% |
| 1995 | 0.39x | $76.40 Million | $195.90 Million | ▼ -43.6% |
| 1994 | 0.69x | $111.70 Million | $161.50 Million | ▼ -14.5% |
| 1993 | 0.81x | $79.30 Million | $98.00 Million | ▲ +1.1% |
| 1992 | 0.80x | $55.30 Million | $69.10 Million | ▼ -9.7% |
| 1991 | 0.89x | $46.60 Million | $52.60 Million | ▼ -24.7% |
| 1990 | 1.18x | $54.80 Million | $46.60 Million | — |