Air Liquide SA Cash Flow-to-Debt Ratio
Air Liquide SA cash flow-to-debt ratio. 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. Check Air Liquide SA total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Air Liquide SA (2004–2025)
Cash flow-to-debt ratio of Air Liquide SA from 2004 to 2025. Historical debt coverage capacity for Air Liquide SA across 22 annual periods. Check Air Liquide SA earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Air Liquide SA Cash Flow-to-Debt Ratio by Year (2004–2025)
Air Liquide SA cash flow-to-debt ratio by year from 2004 to 2025. Year-by-year debt coverage analysis for Air Liquide SA. For the full cash flow conversion analysis, see Air Liquide SA cash conversion from operations.
| 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 | — |