ZTO Express (Cayman) Inc (ZTO) — Cash Flow-to-Debt Ratio
ZTO Express (Cayman) Inc (ZTO) has a Cash Flow-to-Debt Ratio of 0.50x as of December 2025, meaning its operating cash flow of $11.97 Billion could theoretically repay 1% of its total liabilities ($23.90 Billion) in one year. See cash generation quality of ZTO Express (Cayman) Inc 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
ZTO Express (Cayman) Inc Cash Flow-to-Debt Ratio (2014–2025)
Historical debt coverage capacity for ZTO Express (Cayman) Inc across 12 annual periods. Also explore how fast is ZTO Express (Cayman) Inc growing its equity to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for ZTO Express (Cayman) Inc (2014–2025)
Year-by-year debt coverage analysis for ZTO Express (Cayman) Inc. For market capitalisation and broader financial context, see ZTO company net worth.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.50x | $11.97 Billion | $23.90 Billion | ▲ +30.0% |
| 2024 | 0.39x | $11.43 Billion | $29.67 Billion | ▼ -18.7% |
| 2023 | 0.47x | $13.36 Billion | $28.18 Billion | ▼ -0.7% |
| 2022 | 0.48x | $11.48 Billion | $24.05 Billion | ▼ -8.5% |
| 2021 | 0.52x | $7.22 Billion | $13.84 Billion | ▲ +6.4% |
| 2020 | 0.49x | $4.95 Billion | $10.11 Billion | ▼ -41.8% |
| 2019 | 0.84x | $6.30 Billion | $7.49 Billion | ▲ +3.5% |
| 2018 | 0.81x | $4.40 Billion | $5.41 Billion | ▼ -1.7% |
| 2017 | 0.83x | $3.63 Billion | $4.39 Billion | ▲ +19.2% |
| 2016 | 0.69x | $2.54 Billion | $3.65 Billion | ▲ +1.7% |
| 2015 | 0.68x | $1.87 Billion | $2.74 Billion | ▲ +0.5% |
| 2014 | 0.68x | $1.07 Billion | $1.58 Billion | — |