S&P Global Inc (SPGI) — Cash Flow-to-Debt Ratio
S&P Global Inc (SPGI) has a Cash Flow-to-Debt Ratio of 0.07x as of December 2025, meaning its operating cash flow of $1.75 Billion could theoretically repay 0% of its total liabilities ($25.05 Billion) in one year. See SPGI 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
S&P Global Inc Cash Flow-to-Debt Ratio (1989–2025)
Historical debt coverage capacity for S&P Global Inc across 37 annual periods. Also explore S&P Global Inc equity growth rate to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for S&P Global Inc (1989–2025)
Year-by-year debt coverage analysis for S&P Global Inc. For market capitalisation and broader financial context, see how much is S&P Global Inc worth.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.23x | $5.65 Billion | $25.05 Billion | ▼ -9.9% |
| 2024 | 0.25x | $5.69 Billion | $22.71 Billion | ▲ +51.8% |
| 2023 | 0.16x | $3.71 Billion | $22.49 Billion | ▲ +39.7% |
| 2022 | 0.12x | $2.60 Billion | $22.04 Billion | ▼ -68.8% |
| 2021 | 0.38x | $3.60 Billion | $9.49 Billion | ▼ -2.4% |
| 2020 | 0.39x | $3.57 Billion | $9.19 Billion | ▲ +19.5% |
| 2019 | 0.32x | $2.78 Billion | $8.54 Billion | ▲ +12.6% |
| 2018 | 0.29x | $2.06 Billion | $7.15 Billion | ▲ +4.6% |
| 2017 | 0.28x | $2.02 Billion | $7.31 Billion | ▲ +29.8% |
| 2016 | 0.21x | $1.46 Billion | $6.89 Billion | ▲ +557.3% |
| 2015 | 0.03x | $227.00 Million | $7.02 Billion | ▼ -85.5% |
| 2014 | 0.22x | $1.21 Billion | $5.42 Billion | ▲ +11.4% |
| 2013 | 0.20x | $782.00 Million | $3.91 Billion | ▲ +44.7% |
| 2012 | 0.14x | $747.00 Million | $5.40 Billion | ▼ -50.2% |
| 2011 | 0.28x | $1.34 Billion | $4.84 Billion | ▼ -9.5% |
| 2010 | 0.31x | $1.46 Billion | $4.76 Billion | ▲ +5.5% |
| 2009 | 0.29x | $1.32 Billion | $4.55 Billion | ▲ +19.3% |
| 2008 | 0.24x | $1.17 Billion | $4.80 Billion | ▼ -32.6% |
| 2007 | 0.36x | $1.72 Billion | $4.75 Billion | ▼ -19.5% |
| 2006 | 0.45x | $1.51 Billion | $3.36 Billion | ▼ -5.6% |
| 2005 | 0.48x | $1.56 Billion | $3.28 Billion | ▲ +28.6% |
| 2004 | 0.37x | $1.06 Billion | $2.88 Billion | ▼ -24.2% |
| 2003 | 0.49x | $1.38 Billion | $2.84 Billion | ▲ +22.3% |
| 2002 | 0.40x | $1.14 Billion | $2.87 Billion | ▲ +23.1% |
| 2001 | 0.32x | $1.07 Billion | $3.31 Billion | ▲ +45.5% |
| 2000 | 0.22x | $705.56 Million | $3.17 Billion | ▼ -24.7% |
| 1999 | 0.30x | $708.10 Million | $2.40 Billion | ▼ -12.5% |
| 1998 | 0.34x | $755.10 Million | $2.24 Billion | ▲ +107.2% |
| 1997 | 0.16x | $373.10 Million | $2.29 Billion | ▼ -19.2% |
| 1996 | 0.20x | $460.20 Million | $2.28 Billion | ▼ -3.6% |
| 1995 | 0.21x | $433.20 Million | $2.07 Billion | ▲ +6.0% |
| 1994 | 0.20x | $413.90 Million | $2.10 Billion | ▼ -4.1% |
| 1993 | 0.21x | $465.60 Million | $2.26 Billion | ▲ +31.1% |
| 1992 | 0.16x | $251.10 Million | $1.60 Billion | ▲ +14.9% |
| 1991 | 0.14x | $208.60 Million | $1.53 Billion | ▲ +11.2% |
| 1990 | 0.12x | $194.10 Million | $1.58 Billion | ▲ +46.6% |
| 1989 | 0.08x | $111.30 Million | $1.33 Billion | — |