Tenaris SA ADR (TS) — Cash Flow-to-Debt Ratio
Tenaris SA ADR (TS) has a Cash Flow-to-Debt Ratio of 0.20x as of March 2026, meaning its operating cash flow of $619.89 Million could theoretically repay 0% of its total liabilities ($3.17 Billion) in one year. See Tenaris SA ADR (TS) flexibility index to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Tenaris SA ADR Cash Flow-to-Debt Ratio (2000–2025)
Historical debt coverage capacity for Tenaris SA ADR across 26 annual periods. For the full cash flow conversion analysis, see Tenaris SA ADR (TS) cash conversion ratio.
Annual Cash Flow-to-Debt Ratio for Tenaris SA ADR (2000–2025)
Year-by-year debt coverage analysis for Tenaris SA ADR. Check how high is Tenaris SA ADR's earnings quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.80x | $2.60 Billion | $3.24 Billion | ▲ +1.7% |
| 2024 | 0.79x | $2.87 Billion | $3.64 Billion | ▼ -27.3% |
| 2023 | 1.08x | $4.40 Billion | $4.05 Billion | ▲ +226.8% |
| 2022 | 0.33x | $1.17 Billion | $3.52 Billion | ▲ +553.5% |
| 2021 | 0.05x | $119.08 Million | $2.34 Billion | ▼ -92.4% |
| 2020 | 0.67x | $1.52 Billion | $2.27 Billion | ▲ +16.5% |
| 2019 | 0.58x | $1.53 Billion | $2.66 Billion | ▲ +123.7% |
| 2018 | 0.26x | $610.80 Million | $2.38 Billion | ▲ +3388.5% |
| 2017 | -0.01x | $-22.02 Million | $2.82 Billion | ▼ -102.3% |
| 2016 | 0.33x | $863.57 Million | $2.59 Billion | ▼ -54.5% |
| 2015 | 0.73x | $2.22 Billion | $3.02 Billion | ▲ +32.9% |
| 2014 | 0.55x | $2.04 Billion | $3.70 Billion | ▼ -18.9% |
| 2013 | 0.68x | $2.36 Billion | $3.46 Billion | ▲ +61.1% |
| 2012 | 0.42x | $1.86 Billion | $4.40 Billion | ▲ +21.5% |
| 2011 | 0.35x | $1.28 Billion | $3.69 Billion | ▲ +52.3% |
| 2010 | 0.23x | $870.82 Million | $3.81 Billion | ▼ -72.0% |
| 2009 | 0.81x | $3.06 Billion | $3.76 Billion | ▲ +255.7% |
| 2008 | 0.23x | $1.47 Billion | $6.40 Billion | ▼ -12.6% |
| 2007 | 0.26x | $2.02 Billion | $7.71 Billion | ▼ -0.3% |
| 2006 | 0.26x | $1.81 Billion | $6.89 Billion | ▼ -40.6% |
| 2005 | 0.44x | $1.30 Billion | $2.93 Billion | ▲ +1249.8% |
| 2004 | 0.03x | $98.29 Million | $3.00 Billion | ▼ -72.1% |
| 2003 | 0.12x | $275.64 Million | $2.35 Billion | ▼ -45.7% |
| 2002 | 0.22x | $461.44 Million | $2.14 Billion | ▼ -18.9% |
| 2001 | 0.27x | $544.23 Million | $2.04 Billion | ▲ +74.8% |
| 2000 | 0.15x | $274.19 Million | $1.80 Billion | — |