U.S. Physical Therapy, Inc. (USPH) — Cash Flow-to-Debt Ratio
U.S. Physical Therapy, Inc. (USPH) has a Cash Flow-to-Debt Ratio of 0.07x as of June 2026, meaning its operating cash flow of $34.17 Million could theoretically repay 0% of its total liabilities ($482.22 Million) in one year. See financial agility of U.S. Physical Therapy, Inc. 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
U.S. Physical Therapy, Inc. Cash Flow-to-Debt Ratio (1991–2025)
Historical debt coverage capacity for U.S. Physical Therapy, Inc. across 35 annual periods. For the full cash flow conversion analysis, see USPH operating cash flow.
Annual Cash Flow-to-Debt Ratio for U.S. Physical Therapy, Inc. (1991–2025)
Year-by-year debt coverage analysis for U.S. Physical Therapy, Inc.. Check U.S. Physical Therapy, Inc. cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.17x | $75.06 Million | $433.81 Million | ▼ -5.7% |
| 2024 | 0.18x | $74.94 Million | $408.42 Million | ▼ -22.8% |
| 2023 | 0.24x | $81.98 Million | $345.00 Million | ▲ +51.6% |
| 2022 | 0.16x | $58.54 Million | $373.59 Million | ▼ -39.1% |
| 2021 | 0.26x | $76.41 Million | $296.98 Million | ▼ -52.6% |
| 2020 | 0.54x | $100.00 Million | $184.39 Million | ▲ +57.5% |
| 2019 | 0.34x | $62.45 Million | $181.39 Million | ▼ -56.5% |
| 2018 | 0.79x | $73.00 Million | $92.35 Million | ▲ +53.9% |
| 2017 | 0.51x | $56.53 Million | $110.01 Million | ▼ -6.0% |
| 2016 | 0.55x | $51.05 Million | $93.35 Million | ▲ +3.4% |
| 2015 | 0.53x | $41.24 Million | $77.96 Million | ▼ -18.1% |
| 2014 | 0.65x | $45.19 Million | $69.96 Million | ▼ -0.5% |
| 2013 | 0.65x | $44.80 Million | $69.01 Million | ▼ -38.7% |
| 2012 | 1.06x | $39.25 Million | $37.05 Million | ▲ +35.2% |
| 2011 | 0.78x | $32.66 Million | $41.67 Million | ▼ -37.2% |
| 2010 | 1.25x | $30.52 Million | $24.48 Million | ▼ -23.3% |
| 2009 | 1.63x | $30.94 Million | $19.03 Million | ▲ +64.0% |
| 2008 | 0.99x | $30.17 Million | $30.43 Million | ▲ +10.4% |
| 2007 | 0.90x | $19.05 Million | $21.20 Million | ▼ -41.3% |
| 2006 | 1.53x | $18.47 Million | $12.07 Million | ▼ -16.0% |
| 2005 | 1.82x | $18.25 Million | $10.02 Million | ▼ -17.3% |
| 2004 | 2.20x | $17.88 Million | $8.12 Million | ▼ -26.5% |
| 2003 | 3.00x | $17.53 Million | $5.85 Million | ▼ -16.0% |
| 2002 | 3.57x | $19.52 Million | $5.47 Million | ▲ +47.4% |
| 2001 | 2.42x | $15.17 Million | $6.27 Million | ▲ +188.1% |
| 2000 | 0.84x | $8.86 Million | $10.55 Million | ▲ +70.4% |
| 1999 | 0.49x | $5.05 Million | $10.24 Million | ▲ +6.5% |
| 1998 | 0.46x | $5.00 Million | $10.80 Million | ▲ +32.8% |
| 1997 | 0.35x | $3.80 Million | $10.90 Million | ▼ -19.1% |
| 1996 | 0.43x | $4.70 Million | $10.90 Million | ▲ +79.7% |
| 1995 | 0.24x | $2.40 Million | $10.00 Million | ▲ +184.0% |
| 1994 | -0.29x | $-2.80 Million | $9.80 Million | ▲ +64.7% |
| 1993 | -0.81x | $-3.40 Million | $4.20 Million | ▲ +66.7% |
| 1992 | -2.43x | $-1.70 Million | $700.00K | ▼ -142.9% |
| 1991 | -1.00x | $-200.00K | $200.00K | — |