United States Cellular Corporation (USM) — Cash Flow-to-Debt Ratio
United States Cellular Corporation (USM) has a Cash Flow-to-Debt Ratio of -0.19x as of September 2025, meaning its operating cash flow of $-462.49 Million could theoretically repay 0% of its total liabilities ($2.38 Billion) in one year. See how much free cash does United States Cellular Corporation generate 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
United States Cellular Corporation Cash Flow-to-Debt Ratio (1989–2024)
Historical debt coverage capacity for United States Cellular Corporation across 36 annual periods. Also explore United States Cellular Corporation (USM) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for United States Cellular Corporation (1989–2024)
Year-by-year debt coverage analysis for United States Cellular Corporation. For market capitalisation and broader financial context, see United States Cellular Corporation market capitalisation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.15x | $883.00 Million | $5.84 Billion | ▲ +6.4% |
| 2023 | 0.14x | $866.00 Million | $6.10 Billion | ▲ +11.6% |
| 2022 | 0.13x | $832.00 Million | $6.54 Billion | ▼ -8.5% |
| 2021 | 0.14x | $802.00 Million | $5.77 Billion | ▼ -41.0% |
| 2020 | 0.24x | $1.24 Billion | $5.25 Billion | ▲ +28.4% |
| 2019 | 0.18x | $724.00 Million | $3.94 Billion | ▼ -17.2% |
| 2018 | 0.22x | $709.00 Million | $3.20 Billion | ▲ +49.1% |
| 2017 | 0.15x | $469.00 Million | $3.15 Billion | ▲ +2.8% |
| 2016 | 0.14x | $501.00 Million | $3.46 Billion | ▼ -9.1% |
| 2015 | 0.16x | $555.11 Million | $3.49 Billion | ▲ +193.0% |
| 2014 | 0.05x | $172.34 Million | $3.17 Billion | ▼ -43.3% |
| 2013 | 0.10x | $290.90 Million | $3.04 Billion | ▼ -70.3% |
| 2012 | 0.32x | $899.29 Million | $2.79 Billion | ▼ -13.6% |
| 2011 | 0.37x | $987.86 Million | $2.65 Billion | ▲ +2.3% |
| 2010 | 0.36x | $874.29 Million | $2.40 Billion | ▼ -5.4% |
| 2009 | 0.39x | $881.81 Million | $2.29 Billion | ▼ -3.6% |
| 2008 | 0.40x | $922.78 Million | $2.31 Billion | ▲ +9.8% |
| 2007 | 0.36x | $863.08 Million | $2.37 Billion | ▲ +39.1% |
| 2006 | 0.26x | $693.45 Million | $2.65 Billion | ▲ +7.4% |
| 2005 | 0.24x | $642.17 Million | $2.64 Billion | ▲ +20.0% |
| 2004 | 0.20x | $518.41 Million | $2.55 Billion | ▼ -22.7% |
| 2003 | 0.26x | $621.65 Million | $2.37 Billion | ▼ -5.6% |
| 2002 | 0.28x | $620.08 Million | $2.23 Billion | ▼ -15.2% |
| 2001 | 0.33x | $440.35 Million | $1.34 Billion | ▼ -23.4% |
| 2000 | 0.43x | $521.33 Million | $1.22 Billion | ▲ +52.2% |
| 1999 | 0.28x | $333.20 Million | $1.18 Billion | ▼ -4.7% |
| 1998 | 0.30x | $311.10 Million | $1.05 Billion | ▲ +9.8% |
| 1997 | 0.27x | $222.10 Million | $825.70 Million | ▲ +9.2% |
| 1996 | 0.25x | $137.50 Million | $558.40 Million | ▲ +7.4% |
| 1995 | 0.23x | $115.90 Million | $505.30 Million | ▲ +8.2% |
| 1994 | 0.21x | $84.30 Million | $397.60 Million | ▲ +62.7% |
| 1993 | 0.13x | $35.30 Million | $270.90 Million | ▲ +1294.3% |
| 1992 | 0.01x | $3.50 Million | $374.50 Million | ▲ +111.4% |
| 1991 | -0.08x | $-18.90 Million | $230.10 Million | ▼ -143.1% |
| 1990 | -0.03x | $-5.50 Million | $162.80 Million | ▲ +58.9% |
| 1989 | -0.08x | $-7.30 Million | $88.90 Million | — |