Novoray Corporation (688300) — Cash Flow-to-Debt Ratio

Latest as of September 2025: 0.16x

Novoray Corporation (688300) has a Cash Flow-to-Debt Ratio of 0.16x as of September 2025, meaning its operating cash flow of CN¥93.17 Million could theoretically repay 0% of its total liabilities (CN¥585.16 Million) in one year. Check 688300 cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

CF-to-Debt Ratio

0.16x
Operating CF / Total Liabilities

Operating Cash Flow

CN¥93.17 Million
CNY

Total Liabilities

CN¥585.16 Million
CNY

Data as of

Sep 2025
Most recent filing

Novoray Corporation Cash Flow-to-Debt Ratio (2012–2024)

Historical debt coverage capacity for Novoray Corporation across 13 annual periods. Also explore Novoray Corporation asset portfolio for the complete picture of this company's asset base.

Annual Cash Flow-to-Debt Ratio for Novoray Corporation (2012–2024)

Year-by-year debt coverage analysis for Novoray Corporation. For market capitalisation and broader financial context, see Novoray Corporation market cap and net worth.

Year CF-to-Debt Ratio Operating CF (CNY) Total Liabilities YoY Change
2024 0.55x CN¥254.71 Million CN¥464.29 Million ▼ -9.5%
2023 0.61x CN¥246.95 Million CN¥407.26 Million ▼ -22.5%
2022 0.78x CN¥240.68 Million CN¥307.59 Million ▲ +7.7%
2021 0.73x CN¥153.42 Million CN¥211.19 Million ▲ +4.2%
2020 0.70x CN¥89.69 Million CN¥128.62 Million ▲ +10.4%
2019 0.63x CN¥80.58 Million CN¥127.58 Million ▲ +6.8%
2018 0.59x CN¥55.69 Million CN¥94.19 Million ▲ +902.0%
2017 0.06x CN¥6.50 Million CN¥110.11 Million ▼ -79.3%
2016 0.28x CN¥23.17 Million CN¥81.45 Million ▲ +179.0%
2015 0.10x CN¥7.42 Million CN¥72.76 Million ▼ -52.3%
2014 0.21x CN¥17.33 Million CN¥81.05 Million ▼ -13.2%
2013 0.25x CN¥27.80 Million CN¥112.77 Million ▼ -30.2%
2012 0.35x CN¥16.16 Million CN¥45.78 Million
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.