Orange S.A. (ORA) — Cash Flow-to-Debt Ratio
Orange S.A. (ORA) has a Cash Flow-to-Debt Ratio of 0.07x as of June 2026, meaning its operating cash flow of €6.28 Billion could theoretically repay 0% of its total liabilities (€91.25 Billion) in one year. See ORA free cash flow debt coverage 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
Orange S.A. Cash Flow-to-Debt Ratio (1997–2025)
Historical debt coverage capacity for Orange S.A. across 29 annual periods. For the full cash flow conversion analysis, see Orange S.A. cash conversion from operations.
Annual Cash Flow-to-Debt Ratio for Orange S.A. (1997–2025)
Year-by-year debt coverage analysis for Orange S.A.. Check Orange S.A. cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (EUR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.13x | €10.78 Billion | €82.15 Billion | ▼ -11.6% |
| 2024 | 0.15x | €10.20 Billion | €68.71 Billion | ▼ -7.7% |
| 2023 | 0.16x | €12.05 Billion | €74.95 Billion | ▲ +19.1% |
| 2022 | 0.14x | €11.23 Billion | €83.17 Billion | ▼ -2.1% |
| 2021 | 0.14x | €11.24 Billion | €81.46 Billion | ▼ -13.6% |
| 2020 | 0.16x | €12.70 Billion | €79.52 Billion | ▲ +27.7% |
| 2019 | 0.13x | €10.19 Billion | €81.50 Billion | ▼ -16.7% |
| 2018 | 0.15x | €9.51 Billion | €63.34 Billion | ▼ -8.8% |
| 2017 | 0.16x | €10.17 Billion | €61.84 Billion | ▲ +15.8% |
| 2016 | 0.14x | €8.75 Billion | €61.57 Billion | ▼ -13.2% |
| 2015 | 0.16x | €9.53 Billion | €58.16 Billion | ▲ +5.5% |
| 2014 | 0.16x | €8.80 Billion | €56.70 Billion | ▲ +27.2% |
| 2013 | 0.12x | €7.26 Billion | €59.50 Billion | ▼ -22.5% |
| 2012 | 0.16x | €10.02 Billion | €63.60 Billion | ▼ -18.7% |
| 2011 | 0.19x | €12.88 Billion | €66.49 Billion | ▼ -3.5% |
| 2010 | 0.20x | €12.59 Billion | €62.73 Billion | ▼ -17.1% |
| 2009 | 0.24x | €15.32 Billion | €63.30 Billion | ▲ +3.5% |
| 2008 | 0.23x | €15.03 Billion | €64.25 Billion | ▲ +6.8% |
| 2007 | 0.22x | €14.67 Billion | €66.96 Billion | ▲ +13.0% |
| 2006 | 0.19x | €13.86 Billion | €71.53 Billion | ▲ +17.2% |
| 2005 | 0.17x | €13.36 Billion | €80.85 Billion | ▼ -1.2% |
| 2004 | 0.17x | €12.81 Billion | €76.54 Billion | ▲ +21.0% |
| 2003 | 0.14x | €11.30 Billion | €81.70 Billion | ▲ +24.8% |
| 2002 | 0.11x | €11.83 Billion | €106.67 Billion | ▲ +53.8% |
| 2001 | 0.07x | €7.09 Billion | €98.34 Billion | ▲ +2.9% |
| 2000 | 0.07x | €6.63 Billion | €94.65 Billion | ▼ -70.8% |
| 1999 | 0.24x | €8.11 Billion | €33.81 Billion | ▼ -4.4% |
| 1998 | 0.25x | €7.14 Billion | €28.42 Billion | ▲ +13.6% |
| 1997 | 0.22x | €6.18 Billion | €27.98 Billion | — |