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. Explore ZTO Express (Cayman) Inc long-term investment allocation to see how much of total assets are deployed in long-term investments.
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 large is ZTO Express (Cayman) Inc's balance sheet for the complete picture of this company's asset base.
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 market cap.
| 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 | — |