Thermo Fisher Scientific Inc Cash Flow-to-Debt Ratio
Thermo Fisher Scientific Inc 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. Check TMO operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Thermo Fisher Scientific Inc (1989–2024)
Cash flow-to-debt ratio of Thermo Fisher Scientific Inc from 1989 to 2024. Historical debt coverage capacity for Thermo Fisher Scientific Inc across 36 annual periods. Check TMO cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Thermo Fisher Scientific Inc Cash Flow-to-Debt Ratio by Year (1989–2024)
Thermo Fisher Scientific Inc cash flow-to-debt ratio by year from 1989 to 2024. Year-by-year debt coverage analysis for Thermo Fisher Scientific Inc. For the full cash flow conversion analysis, see cash flow conversion of Thermo Fisher Scientific Inc.
| 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 | — |