Target Corporation Cash Flow-to-Debt Ratio
Target Corporation cash flow-to-debt ratio. Target Corporation (TGT) has a Cash Flow-to-Debt Ratio of 0.03x as of October 2025, meaning its operating cash flow of $1.13 Billion could theoretically repay 0% of its total liabilities ($44.49 Billion) in one year. Check total reinvestment intensity of Target Corporation to assess the company's total reinvestment commitment from operating cash flow.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Target Corporation (1990–2025)
Cash flow-to-debt ratio of Target Corporation from 1990 to 2025. Historical debt coverage capacity for Target Corporation across 36 annual periods. Check TGT cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
Target Corporation Cash Flow-to-Debt Ratio by Year (1990–2025)
Target Corporation cash flow-to-debt ratio by year from 1990 to 2025. Year-by-year debt coverage analysis for Target Corporation. For the full cash flow conversion analysis, see TGT cash generation efficiency.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.17x | $7.37 Billion | $43.10 Billion | ▼ -16.9% |
| 2024 | 0.21x | $8.62 Billion | $41.92 Billion | ▲ +115.5% |
| 2023 | 0.10x | $4.02 Billion | $42.10 Billion | ▼ -54.7% |
| 2022 | 0.21x | $8.62 Billion | $40.98 Billion | ▼ -26.4% |
| 2021 | 0.29x | $10.53 Billion | $36.81 Billion | ▲ +24.3% |
| 2020 | 0.23x | $7.12 Billion | $30.95 Billion | ▲ +15.5% |
| 2019 | 0.20x | $5.97 Billion | $29.99 Billion | ▼ -17.6% |
| 2018 | 0.24x | $6.92 Billion | $28.65 Billion | ▲ +17.7% |
| 2017 | 0.21x | $5.44 Billion | $26.48 Billion | ▼ -4.1% |
| 2016 | 0.21x | $5.84 Billion | $27.30 Billion | ▲ +31.0% |
| 2015 | 0.16x | $4.44 Billion | $27.18 Billion | ▼ -29.0% |
| 2014 | 0.23x | $6.52 Billion | $28.32 Billion | ▲ +36.6% |
| 2013 | 0.17x | $5.33 Billion | $31.61 Billion | ▼ -4.5% |
| 2012 | 0.18x | $5.43 Billion | $30.81 Billion | ▼ -5.6% |
| 2011 | 0.19x | $5.27 Billion | $28.22 Billion | ▼ -7.3% |
| 2010 | 0.20x | $5.88 Billion | $29.19 Billion | ▲ +38.2% |
| 2009 | 0.15x | $4.43 Billion | $30.39 Billion | ▲ +3.4% |
| 2008 | 0.14x | $4.12 Billion | $29.25 Billion | ▼ -37.0% |
| 2007 | 0.22x | $4.86 Billion | $21.72 Billion | ▲ +4.6% |
| 2006 | 0.21x | $4.45 Billion | $20.79 Billion | ▲ +29.1% |
| 2005 | 0.17x | $3.19 Billion | $19.26 Billion | ▲ +6.7% |
| 2004 | 0.16x | $3.16 Billion | $20.33 Billion | ▲ +87.3% |
| 2003 | 0.08x | $1.59 Billion | $19.16 Billion | ▼ -32.1% |
| 2002 | 0.12x | $1.99 Billion | $16.29 Billion | ▼ -16.8% |
| 2001 | 0.15x | $1.91 Billion | $12.97 Billion | ▼ -26.4% |
| 2000 | 0.20x | $2.25 Billion | $11.28 Billion | ▲ +10.8% |
| 1999 | 0.18x | $1.86 Billion | $10.33 Billion | ▼ -2.6% |
| 1998 | 0.19x | $1.79 Billion | $9.70 Billion | ▲ +21.2% |
| 1997 | 0.15x | $1.46 Billion | $9.55 Billion | ▲ +19.7% |
| 1996 | 0.13x | $1.16 Billion | $9.11 Billion | ▲ +20.9% |
| 1995 | 0.11x | $892.00 Million | $8.46 Billion | ▼ -31.8% |
| 1994 | 0.15x | $1.22 Billion | $7.89 Billion | ▲ +21.6% |
| 1993 | 0.13x | $984.00 Million | $7.74 Billion | ▲ +109.0% |
| 1992 | 0.06x | $437.00 Million | $7.19 Billion | ▼ -37.2% |
| 1991 | 0.10x | $625.00 Million | $6.45 Billion | ▼ -35.4% |
| 1990 | 0.15x | $739.00 Million | $4.93 Billion | — |