First Tractor Co Ltd Cash Flow-to-Debt Ratio
First Tractor Co Ltd cash flow-to-debt ratio. First Tractor Co Ltd (601038) has a Cash Flow-to-Debt Ratio of -0.01x as of December 2025, meaning its operating cash flow of CN¥-71.98 Million could theoretically repay 0% of its total liabilities (CN¥6.66 Billion) in one year. Check First Tractor Co Ltd (601038) reinvestment rate 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 First Tractor Co Ltd (2004–2025)
Cash flow-to-debt ratio of First Tractor Co Ltd from 2004 to 2025. Historical debt coverage capacity for First Tractor Co Ltd across 22 annual periods. Check First Tractor Co Ltd (601038) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
First Tractor Co Ltd Cash Flow-to-Debt Ratio by Year (2004–2025)
First Tractor Co Ltd cash flow-to-debt ratio by year from 2004 to 2025. Year-by-year debt coverage analysis for First Tractor Co Ltd. For the full cash flow conversion analysis, see First Tractor Co Ltd cash flow conversion.
| Year | CF-to-Debt Ratio | Operating CF (CNY) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.16x | CN¥1.06 Billion | CN¥6.66 Billion | ▼ -9.9% |
| 2024 | 0.18x | CN¥1.22 Billion | CN¥6.91 Billion | ▲ +9.9% |
| 2023 | 0.16x | CN¥1.06 Billion | CN¥6.60 Billion | ▼ -71.2% |
| 2022 | 0.56x | CN¥3.60 Billion | CN¥6.49 Billion | ▲ +506.1% |
| 2021 | 0.09x | CN¥582.28 Million | CN¥6.36 Billion | ▼ -46.0% |
| 2020 | 0.17x | CN¥1.25 Billion | CN¥7.37 Billion | ▲ +250.8% |
| 2019 | 0.05x | CN¥330.73 Million | CN¥6.85 Billion | ▲ +206.6% |
| 2018 | -0.05x | CN¥-384.40 Million | CN¥8.48 Billion | ▲ +29.4% |
| 2017 | -0.06x | CN¥-556.31 Million | CN¥8.66 Billion | ▼ -123.6% |
| 2016 | 0.27x | CN¥2.09 Billion | CN¥7.71 Billion | ▲ +235.3% |
| 2015 | 0.08x | CN¥637.80 Million | CN¥7.87 Billion | ▲ +661.1% |
| 2014 | 0.01x | CN¥74.87 Million | CN¥7.03 Billion | ▲ +152.0% |
| 2013 | -0.02x | CN¥-131.90 Million | CN¥6.44 Billion | ▼ -121.5% |
| 2012 | 0.10x | CN¥555.13 Million | CN¥5.84 Billion | ▲ +10.5% |
| 2011 | 0.09x | CN¥463.70 Million | CN¥5.39 Billion | ▼ -24.1% |
| 2010 | 0.11x | CN¥543.23 Million | CN¥4.80 Billion | ▼ -0.6% |
| 2009 | 0.11x | CN¥338.32 Million | CN¥2.97 Billion | ▲ +1.1% |
| 2008 | 0.11x | CN¥329.80 Million | CN¥2.93 Billion | ▲ +254.7% |
| 2007 | 0.03x | CN¥86.09 Million | CN¥2.71 Billion | ▼ -66.1% |
| 2006 | 0.09x | CN¥242.18 Million | CN¥2.59 Billion | ▼ -36.9% |
| 2005 | 0.15x | CN¥241.47 Million | CN¥1.63 Billion | ▲ +174.3% |
| 2004 | -0.20x | CN¥-282.12 Million | CN¥1.41 Billion | — |