iRay Technology Co Ltd (688301) — Cash Flow-to-Debt Ratio
iRay Technology Co Ltd (688301) has a Cash Flow-to-Debt Ratio of 0.07x as of September 2025, meaning its operating cash flow of CN¥343.82 Million could theoretically repay 0% of its total liabilities (CN¥5.26 Billion) in one year. See 688301 financial flexibility score 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
iRay Technology Co Ltd Cash Flow-to-Debt Ratio (2015–2024)
Historical debt coverage capacity for iRay Technology Co Ltd across 10 annual periods. For the full cash flow conversion analysis, see 688301 cash flow conversion.
Annual Cash Flow-to-Debt Ratio for iRay Technology Co Ltd (2015–2024)
Year-by-year debt coverage analysis for iRay Technology Co Ltd. Check iRay Technology Co Ltd (688301) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (CNY) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.08x | CN¥360.42 Million | CN¥4.44 Billion | ▼ -24.6% |
| 2023 | 0.11x | CN¥340.32 Million | CN¥3.16 Billion | ▼ -34.8% |
| 2022 | 0.17x | CN¥316.62 Million | CN¥1.92 Billion | ▼ -69.3% |
| 2021 | 0.54x | CN¥248.02 Million | CN¥460.55 Million | ▼ -46.3% |
| 2020 | 1.00x | CN¥262.32 Million | CN¥261.57 Million | ▲ +786.5% |
| 2019 | 0.11x | CN¥30.78 Million | CN¥272.03 Million | ▼ -5.8% |
| 2018 | 0.12x | CN¥19.29 Million | CN¥160.66 Million | ▼ -84.7% |
| 2017 | 0.78x | CN¥101.68 Million | CN¥129.89 Million | ▲ +62.2% |
| 2016 | 0.48x | CN¥40.10 Million | CN¥83.11 Million | ▼ -66.0% |
| 2015 | 1.42x | CN¥63.45 Million | CN¥44.65 Million | — |