Thermo Fisher Scientific Inc (TMO) — Cash Flow-to-Debt Ratio
Thermo Fisher Scientific Inc (TMO) has a Cash Flow-to-Debt Ratio of 0.04x as of September 2025, meaning its operating cash flow of $2.24 Billion could theoretically repay 0% of its total liabilities ($52.00 Billion) in one year. See cash generation quality of Thermo Fisher Scientific Inc 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
Thermo Fisher Scientific Inc Cash Flow-to-Debt Ratio (1989–2024)
Historical debt coverage capacity for Thermo Fisher Scientific Inc across 36 annual periods. Also explore TMO net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Thermo Fisher Scientific Inc (1989–2024)
Year-by-year debt coverage analysis for Thermo Fisher Scientific Inc. For market capitalisation and broader financial context, see TMO market cap overview.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.18x | $8.67 Billion | $47.65 Billion | ▲ +12.3% |
| 2023 | 0.16x | $8.41 Billion | $51.88 Billion | ▼ -6.2% |
| 2022 | 0.17x | $9.15 Billion | $53.01 Billion | ▼ -2.0% |
| 2021 | 0.18x | $9.54 Billion | $54.15 Billion | ▼ -26.6% |
| 2020 | 0.24x | $8.29 Billion | $34.53 Billion | ▲ +38.5% |
| 2019 | 0.17x | $4.97 Billion | $28.71 Billion | ▲ +9.2% |
| 2018 | 0.16x | $4.54 Billion | $28.65 Billion | ▲ +23.8% |
| 2017 | 0.13x | $4.00 Billion | $31.26 Billion | ▼ -1.1% |
| 2016 | 0.13x | $3.16 Billion | $24.37 Billion | ▼ -10.4% |
| 2015 | 0.14x | $2.82 Billion | $19.48 Billion | ▲ +23.1% |
| 2014 | 0.12x | $2.62 Billion | $22.30 Billion | ▼ -12.3% |
| 2013 | 0.13x | $2.01 Billion | $15.01 Billion | ▼ -21.3% |
| 2012 | 0.17x | $2.04 Billion | $11.98 Billion | ▲ +18.8% |
| 2011 | 0.14x | $1.69 Billion | $11.80 Billion | ▼ -42.3% |
| 2010 | 0.25x | $1.50 Billion | $6.03 Billion | ▼ -7.6% |
| 2009 | 0.27x | $1.66 Billion | $6.17 Billion | ▲ +16.7% |
| 2008 | 0.23x | $1.42 Billion | $6.16 Billion | ▲ +4.4% |
| 2007 | 0.22x | $1.48 Billion | $6.72 Billion | ▲ +300.1% |
| 2006 | 0.06x | $405.65 Million | $7.35 Billion | ▼ -70.3% |
| 2005 | 0.19x | $270.91 Million | $1.46 Billion | ▼ -36.0% |
| 2004 | 0.29x | $264.51 Million | $911.17 Million | ▲ +34.8% |
| 2003 | 0.22x | $216.72 Million | $1.01 Billion | ▲ +237.8% |
| 2002 | 0.06x | $102.89 Million | $1.61 Billion | ▼ -35.4% |
| 2001 | 0.10x | $188.40 Million | $1.91 Billion | ▲ +13.7% |
| 2000 | 0.09x | $199.92 Million | $2.30 Billion | ▼ -28.1% |
| 1999 | 0.12x | $337.12 Million | $2.80 Billion | ▲ +22.6% |
| 1998 | 0.10x | $328.50 Million | $3.34 Billion | ▲ +9.1% |
| 1997 | 0.09x | $269.00 Million | $2.99 Billion | ▲ +5.4% |
| 1996 | 0.09x | $224.50 Million | $2.63 Billion | ▼ -14.1% |
| 1995 | 0.10x | $194.60 Million | $1.96 Billion | ▼ -17.1% |
| 1994 | 0.12x | $204.20 Million | $1.70 Billion | ▲ +25.3% |
| 1993 | 0.10x | $126.70 Million | $1.32 Billion | ▲ +91.1% |
| 1992 | 0.05x | $54.90 Million | $1.10 Billion | ▲ +28.7% |
| 1991 | 0.04x | $23.00 Million | $590.50 Million | ▲ +4.4% |
| 1990 | 0.04x | $18.60 Million | $498.40 Million | ▼ -71.7% |
| 1989 | 0.13x | $47.60 Million | $361.40 Million | — |