Argan SA (ARG) — Cash Flow-to-Debt Ratio
Latest as of June 2026:
0.04x
Argan SA (ARG) has a Cash Flow-to-Debt Ratio of 0.04x as of June 2026, meaning its operating cash flow of €96.27 Million could theoretically repay 0% of its total liabilities (€2.37 Billion) in one year. See how financially flexible is Argan SA to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
0.04x
Operating CF / Total Liabilities
Operating Cash Flow
€96.27 Million
EUR
Total Liabilities
€2.37 Billion
EUR
Data as of
Jun 2026
Most recent filing
Argan SA Cash Flow-to-Debt Ratio (2009–2025)
Historical debt coverage capacity for Argan SA across 17 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Argan SA.
Annual Cash Flow-to-Debt Ratio for Argan SA (2009–2025)
Year-by-year debt coverage analysis for Argan SA. Check ARG cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (EUR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.10x | €198.97 Million | €1.91 Billion | ▲ +19.6% |
| 2024 | 0.09x | €173.68 Million | €2.00 Billion | ▲ +0.3% |
| 2023 | 0.09x | €186.29 Million | €2.15 Billion | ▲ +39.3% |
| 2022 | 0.06x | €135.92 Million | €2.18 Billion | ▼ -15.5% |
| 2021 | 0.07x | €172.19 Million | €2.34 Billion | ▲ +7.1% |
| 2020 | 0.07x | €131.75 Million | €1.92 Billion | ▲ +758.1% |
| 2019 | 0.01x | €13.69 Million | €1.71 Billion | ▼ -91.3% |
| 2018 | 0.09x | €81.25 Million | €879.07 Million | ▼ -5.2% |
| 2017 | 0.10x | €88.11 Million | €903.83 Million | ▲ +42.7% |
| 2016 | 0.07x | €49.62 Million | €726.55 Million | ▼ -18.9% |
| 2015 | 0.08x | €64.03 Million | €760.24 Million | ▼ -10.3% |
| 2014 | 0.09x | €67.27 Million | €716.12 Million | ▲ +27.0% |
| 2013 | 0.07x | €54.35 Million | €734.93 Million | ▲ +1.1% |
| 2012 | 0.07x | €47.28 Million | €646.12 Million | ▲ +25.6% |
| 2011 | 0.06x | €31.32 Million | €537.46 Million | ▼ -17.0% |
| 2010 | 0.07x | €31.24 Million | €444.85 Million | ▲ +10.1% |
| 2009 | 0.06x | €20.62 Million | €323.14 Million | — |
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.