Air Liquide SA (AI) — Cash Flow-to-Debt Ratio

Latest as of December 2025: 0.14x

Air Liquide SA (AI) has a Cash Flow-to-Debt Ratio of 0.14x as of December 2025, meaning its operating cash flow of €3.50 Billion could theoretically repay 0% of its total liabilities (€24.97 Billion) in one year. See Air Liquide SA (AI) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

CF-to-Debt Ratio

0.14x
Operating CF / Total Liabilities

Operating Cash Flow

€3.50 Billion
EUR

Total Liabilities

€24.97 Billion
EUR

Data as of

Dec 2025
Most recent filing

Air Liquide SA Cash Flow-to-Debt Ratio (2004–2025)

Historical debt coverage capacity for Air Liquide SA across 22 annual periods. Also explore Air Liquide SA net asset momentum to track the company's year-over-year net asset growth rate.

Annual Cash Flow-to-Debt Ratio for Air Liquide SA (2004–2025)

Year-by-year debt coverage analysis for Air Liquide SA. For market capitalisation and broader financial context, see Air Liquide SA market capitalisation.

Year CF-to-Debt Ratio Operating CF (EUR) Total Liabilities YoY Change
2025 0.25x €6.35 Billion €24.97 Billion ▼ -2.4%
2024 0.26x €6.32 Billion €24.25 Billion ▼ -3.0%
2023 0.27x €6.26 Billion €23.29 Billion ▲ +15.5%
2022 0.23x €5.81 Billion €24.95 Billion ▲ +3.6%
2021 0.22x €5.57 Billion €24.78 Billion ▼ -0.8%
2020 0.23x €5.21 Billion €22.97 Billion ▲ +17.1%
2019 0.19x €4.71 Billion €24.34 Billion ▼ -2.4%
2018 0.20x €4.72 Billion €23.77 Billion ▲ +13.4%
2017 0.17x €4.25 Billion €24.31 Billion ▲ +27.8%
2016 0.14x €3.70 Billion €26.99 Billion ▼ -21.8%
2015 0.18x €2.83 Billion €16.17 Billion ▼ -7.8%
2014 0.19x €2.83 Billion €14.90 Billion ▼ -3.7%
2013 0.20x €2.80 Billion €14.21 Billion ▲ +6.1%
2012 0.19x €2.71 Billion €14.56 Billion ▲ +8.3%
2011 0.17x €2.43 Billion €14.13 Billion ▼ -4.7%
2010 0.18x €2.42 Billion €13.43 Billion ▼ -5.4%
2009 0.19x €2.45 Billion €12.87 Billion ▲ +13.0%
2008 0.17x €2.29 Billion €13.60 Billion ▼ -5.2%
2007 0.18x €2.10 Billion €11.82 Billion ▼ -2.0%
2006 0.18x €1.77 Billion €9.73 Billion ▲ +6.4%
2005 0.17x €1.72 Billion €10.08 Billion ▲ +2.4%
2004 0.17x €1.45 Billion €8.71 Billion
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.