Zoetis Inc (ZTS) — Cash Flow-to-Debt Ratio
Zoetis Inc (ZTS) has a Cash Flow-to-Debt Ratio of 0.10x as of September 2025, meaning its operating cash flow of $938.00 Million could theoretically repay 0% of its total liabilities ($9.76 Billion) in one year. See ZTS financial flexibility index 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
Zoetis Inc Cash Flow-to-Debt Ratio (2010–2024)
Historical debt coverage capacity for Zoetis Inc across 15 annual periods. For the full cash flow conversion analysis, see how efficiently does Zoetis Inc generate cash.
Annual Cash Flow-to-Debt Ratio for Zoetis Inc (2010–2024)
Year-by-year debt coverage analysis for Zoetis Inc. Check ZTS 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 |
|---|---|---|---|---|
| 2024 | 0.31x | $2.95 Billion | $9.47 Billion | ▲ +23.2% |
| 2023 | 0.25x | $2.35 Billion | $9.29 Billion | ▲ +39.3% |
| 2022 | 0.18x | $1.91 Billion | $10.52 Billion | ▼ -23.2% |
| 2021 | 0.24x | $2.21 Billion | $9.36 Billion | ▲ +9.4% |
| 2020 | 0.22x | $2.13 Billion | $9.84 Billion | ▲ +6.4% |
| 2019 | 0.20x | $1.79 Billion | $8.84 Billion | ▼ -2.5% |
| 2018 | 0.21x | $1.79 Billion | $8.59 Billion | ▲ +5.3% |
| 2017 | 0.20x | $1.35 Billion | $6.80 Billion | ▲ +70.7% |
| 2016 | 0.12x | $713.00 Million | $6.15 Billion | ▲ +19.1% |
| 2015 | 0.10x | $664.00 Million | $6.82 Billion | ▼ -18.4% |
| 2014 | 0.12x | $626.00 Million | $5.25 Billion | ▼ -2.0% |
| 2013 | 0.12x | $681.00 Million | $5.60 Billion | ▼ -40.5% |
| 2012 | 0.20x | $454.00 Million | $2.22 Billion | ▼ -18.8% |
| 2011 | 0.25x | $497.00 Million | $1.98 Billion | ▲ +92.2% |
| 2010 | 0.13x | $254.00 Million | $1.94 Billion | — |