Novoray Corporation (688300) — Cash Flow-to-Debt Ratio
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. See Novoray Corporation free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Novoray Corporation Cash Flow-to-Debt Ratio (2012–2024)
Historical debt coverage capacity for Novoray Corporation across 13 annual periods. Also explore net asset growth rate of Novoray Corporation to track the company's year-over-year net asset growth rate.
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 how much is Novoray Corporation 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 | — |