Waters Corporation Cash Flow-to-Debt Ratio
Waters Corporation cash flow-to-debt ratio. Waters Corporation (WAT) has a Cash Flow-to-Debt Ratio of 0.00x as of March 2026, meaning its operating cash flow of $-3.00 Million could theoretically repay 0% of its total liabilities ($9.24 Billion) in one year. Check WAT cash to earnings ratio 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 Waters Corporation (1995–2025)
Cash flow-to-debt ratio of Waters Corporation from 1995 to 2025. Historical debt coverage capacity for Waters Corporation across 31 annual periods. Check Waters Corporation (WAT) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Waters Corporation Cash Flow-to-Debt Ratio by Year (1995–2025)
Waters Corporation cash flow-to-debt ratio by year from 1995 to 2025. Year-by-year debt coverage analysis for Waters Corporation. For the full cash flow conversion analysis, see WAT operating cash flow.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.26x | $652.55 Million | $2.52 Billion | ▼ -7.2% |
| 2024 | 0.28x | $762.12 Million | $2.73 Billion | ▲ +61.3% |
| 2023 | 0.17x | $602.81 Million | $3.48 Billion | ▼ -21.3% |
| 2022 | 0.22x | $611.66 Million | $2.78 Billion | ▼ -19.6% |
| 2021 | 0.27x | $747.27 Million | $2.73 Billion | ▼ -9.6% |
| 2020 | 0.30x | $790.51 Million | $2.61 Billion | ▲ +30.7% |
| 2019 | 0.23x | $643.09 Million | $2.77 Billion | ▼ -17.1% |
| 2018 | 0.28x | $604.45 Million | $2.16 Billion | ▲ +24.6% |
| 2017 | 0.22x | $697.64 Million | $3.11 Billion | ▼ -15.7% |
| 2016 | 0.27x | $629.08 Million | $2.36 Billion | ▲ +4.8% |
| 2015 | 0.25x | $560.29 Million | $2.20 Billion | ▼ -1.3% |
| 2014 | 0.26x | $511.65 Million | $1.98 Billion | ▼ -3.6% |
| 2013 | 0.27x | $484.88 Million | $1.81 Billion | ▲ +1.3% |
| 2012 | 0.26x | $449.28 Million | $1.70 Billion | ▼ -20.5% |
| 2011 | 0.33x | $497.37 Million | $1.50 Billion | ▼ -8.6% |
| 2010 | 0.36x | $457.86 Million | $1.26 Billion | ▼ -7.9% |
| 2009 | 0.39x | $418.26 Million | $1.06 Billion | ▼ -9.2% |
| 2008 | 0.43x | $418.25 Million | $961.89 Million | ▲ +52.0% |
| 2007 | 0.29x | $370.51 Million | $1.29 Billion | ▲ +36.2% |
| 2006 | 0.21x | $263.59 Million | $1.25 Billion | ▼ -19.3% |
| 2005 | 0.26x | $298.07 Million | $1.15 Billion | ▼ -21.6% |
| 2004 | 0.33x | $259.45 Million | $781.74 Million | ▲ +14.2% |
| 2003 | 0.29x | $157.00 Million | $540.38 Million | ▼ -54.3% |
| 2002 | 0.64x | $219.65 Million | $345.64 Million | ▲ +2.5% |
| 2001 | 0.62x | $189.15 Million | $305.17 Million | ▼ -15.1% |
| 2000 | 0.73x | $175.59 Million | $240.56 Million | ▲ +42.0% |
| 1999 | 0.51x | $150.20 Million | $292.20 Million | ▲ +95.2% |
| 1998 | 0.26x | $110.20 Million | $418.50 Million | ▲ +31.6% |
| 1997 | 0.20x | $96.40 Million | $481.70 Million | ▲ +8.0% |
| 1996 | 0.19x | $55.70 Million | $300.50 Million | ▼ -5.5% |
| 1995 | 0.20x | $46.20 Million | $235.50 Million | — |