Aecon Group Inc. (ARE) — Cash Flow-to-Debt Ratio
Aecon Group Inc. (ARE) has a Cash Flow-to-Debt Ratio of 0.02x as of September 2025, meaning its operating cash flow of CA$56.99 Million could theoretically repay 0% of its total liabilities (CA$2.82 Billion) in one year. See Aecon Group Inc. free cash flow to debt ratio 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
Aecon Group Inc. Cash Flow-to-Debt Ratio (1996–2024)
Historical debt coverage capacity for Aecon Group Inc. across 29 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Aecon Group Inc..
Annual Cash Flow-to-Debt Ratio for Aecon Group Inc. (1996–2024)
Year-by-year debt coverage analysis for Aecon Group Inc.. Check cash flow quality index of Aecon Group Inc. to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (CAD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.01x | CA$28.65 Million | CA$2.26 Billion | ▼ -58.5% |
| 2023 | 0.03x | CA$64.93 Million | CA$2.13 Billion | ▲ +172.6% |
| 2022 | -0.04x | CA$-109.68 Million | CA$2.61 Billion | ▼ -252.3% |
| 2021 | -0.01x | CA$-28.27 Million | CA$2.37 Billion | ▼ -110.5% |
| 2020 | 0.11x | CA$274.95 Million | CA$2.41 Billion | ▲ +26.4% |
| 2019 | 0.09x | CA$203.35 Million | CA$2.26 Billion | ▼ -48.5% |
| 2018 | 0.18x | CA$368.88 Million | CA$2.11 Billion | ▲ +50.8% |
| 2017 | 0.12x | CA$203.66 Million | CA$1.76 Billion | ▲ +289.9% |
| 2016 | 0.03x | CA$37.26 Million | CA$1.25 Billion | ▼ -51.4% |
| 2015 | 0.06x | CA$70.77 Million | CA$1.16 Billion | ▼ -36.9% |
| 2014 | 0.10x | CA$113.97 Million | CA$1.17 Billion | ▼ -3.6% |
| 2013 | 0.10x | CA$141.74 Million | CA$1.41 Billion | ▲ +207.6% |
| 2012 | 0.03x | CA$51.73 Million | CA$1.58 Billion | ▼ -75.2% |
| 2011 | 0.13x | CA$197.48 Million | CA$1.49 Billion | ▲ +317.2% |
| 2010 | -0.06x | CA$-98.25 Million | CA$1.61 Billion | ▼ -1125.2% |
| 2009 | 0.00x | CA$-6.09 Million | CA$1.23 Billion | ▼ -102.8% |
| 2008 | 0.18x | CA$143.91 Million | CA$804.15 Million | ▲ +25.6% |
| 2007 | 0.14x | CA$97.48 Million | CA$684.31 Million | ▲ +4975.7% |
| 2006 | 0.00x | CA$-1.64 Million | CA$562.68 Million | ▲ +95.8% |
| 2005 | -0.07x | CA$-27.91 Million | CA$398.09 Million | ▼ -207.8% |
| 2004 | -0.02x | CA$-8.03 Million | CA$352.37 Million | ▲ +69.6% |
| 2003 | -0.07x | CA$-27.45 Million | CA$366.39 Million | ▲ +21.5% |
| 2002 | -0.10x | CA$-36.65 Million | CA$384.17 Million | ▼ -157.1% |
| 2001 | 0.17x | CA$81.85 Million | CA$489.48 Million | ▲ +169.3% |
| 2000 | 0.06x | CA$27.24 Million | CA$438.67 Million | ▲ +34.6% |
| 1999 | 0.05x | CA$17.90 Million | CA$388.00 Million | ▲ +148.9% |
| 1998 | -0.09x | CA$-7.10 Million | CA$75.30 Million | ▼ -134.7% |
| 1997 | 0.27x | CA$18.50 Million | CA$68.00 Million | ▲ +58.8% |
| 1996 | 0.17x | CA$13.00 Million | CA$75.90 Million | — |