Advantage Oil & Gas Ltd. (AAV) — Cash Flow-to-Debt Ratio
Advantage Oil & Gas Ltd. (AAV) has a Cash Flow-to-Debt Ratio of 0.06x as of September 2025, meaning its operating cash flow of CA$80.10 Million could theoretically repay 0% of its total liabilities (CA$1.35 Billion) in one year. See cash generation quality of Advantage Oil & Gas Ltd. 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
Advantage Oil & Gas Ltd. Cash Flow-to-Debt Ratio (1989–2024)
Historical debt coverage capacity for Advantage Oil & Gas Ltd. across 33 annual periods. Also explore AAV shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Advantage Oil & Gas Ltd. (1989–2024)
Year-by-year debt coverage analysis for Advantage Oil & Gas Ltd.. For market capitalisation and broader financial context, see AAV stock market capitalisation.
| Year | CF-to-Debt Ratio | Operating CF (CAD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.17x | CA$217.53 Million | CA$1.31 Billion | ▼ -61.9% |
| 2023 | 0.44x | CA$323.35 Million | CA$742.63 Million | ▼ -43.5% |
| 2022 | 0.77x | CA$502.38 Million | CA$652.28 Million | ▲ +84.6% |
| 2021 | 0.42x | CA$223.15 Million | CA$534.87 Million | ▲ +104.5% |
| 2020 | 0.20x | CA$100.71 Million | CA$493.55 Million | ▼ -34.3% |
| 2019 | 0.31x | CA$156.06 Million | CA$502.36 Million | ▼ -14.8% |
| 2018 | 0.36x | CA$160.16 Million | CA$439.00 Million | ▼ -25.7% |
| 2017 | 0.49x | CA$186.40 Million | CA$379.51 Million | ▼ -19.1% |
| 2016 | 0.61x | CA$174.91 Million | CA$288.19 Million | ▲ +111.7% |
| 2015 | 0.29x | CA$113.36 Million | CA$395.50 Million | ▼ -43.3% |
| 2014 | 0.51x | CA$182.34 Million | CA$360.44 Million | ▲ +71.9% |
| 2013 | 0.29x | CA$165.02 Million | CA$560.83 Million | ▲ +94.0% |
| 2012 | 0.15x | CA$106.96 Million | CA$705.09 Million | ▼ -49.0% |
| 2011 | 0.30x | CA$218.18 Million | CA$733.86 Million | ▼ -6.9% |
| 2010 | 0.32x | CA$202.49 Million | CA$634.38 Million | ▲ +27.8% |
| 2009 | 0.25x | CA$172.69 Million | CA$691.44 Million | ▼ -26.9% |
| 2008 | 0.34x | CA$374.75 Million | CA$1.10 Billion | ▲ +43.1% |
| 2007 | 0.24x | CA$249.13 Million | CA$1.04 Billion | ▼ -14.8% |
| 2006 | 0.28x | CA$229.09 Million | CA$817.03 Million | ▼ -11.1% |
| 2005 | 0.32x | CA$186.61 Million | CA$591.38 Million | ▲ +17.7% |
| 2004 | 0.27x | CA$132.28 Million | CA$493.44 Million | ▼ -31.2% |
| 2003 | 0.39x | CA$98.47 Million | CA$252.61 Million | ▲ +68.0% |
| 2002 | 0.23x | CA$52.86 Million | CA$227.80 Million | ▲ +93.7% |
| 2001 | 0.12x | CA$11.95 Million | CA$99.76 Million | ▲ +148.4% |
| 1997 | -0.25x | CA$-16.07 Million | CA$64.85 Million | ▼ -134.1% |
| 1996 | 0.73x | CA$75.84 Million | CA$104.44 Million | ▲ +2229.3% |
| 1995 | 0.03x | CA$50.00 Million | CA$1.60 Billion | ▲ +229.7% |
| 1994 | -0.02x | CA$-43.06 Million | CA$1.79 Billion | ▼ -273.7% |
| 1993 | 0.01x | CA$19.63 Million | CA$1.42 Billion | ▲ +172.3% |
| 1992 | -0.02x | CA$-25.13 Million | CA$1.31 Billion | ▼ -466.7% |
| 1991 | 0.01x | CA$3.21 Million | CA$616.41 Million | ▼ -92.1% |
| 1990 | 0.07x | CA$43.25 Million | CA$657.77 Million | ▲ +60.9% |
| 1989 | 0.04x | CA$38.36 Million | CA$938.76 Million | — |