FirstService Corp (FSV) — Cash Flow-to-Debt Ratio

Latest as of December 2025: 0.04x

FirstService Corp (FSV) has a Cash Flow-to-Debt Ratio of 0.04x as of December 2025, meaning its operating cash flow of CA$121.42 Million could theoretically repay 0% of its total liabilities (CA$2.91 Billion) in one year. See FirstService Corp (FSV) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

CF-to-Debt Ratio

0.04x
Operating CF / Total Liabilities

Operating Cash Flow

CA$121.42 Million
CAD

Total Liabilities

CA$2.91 Billion
CAD

Data as of

Dec 2025
Most recent filing

FirstService Corp Cash Flow-to-Debt Ratio (2009–2025)

Historical debt coverage capacity for FirstService Corp across 17 annual periods. Also explore how fast is FirstService Corp growing its equity to track the company's year-over-year net asset growth rate.

Annual Cash Flow-to-Debt Ratio for FirstService Corp (2009–2025)

Year-by-year debt coverage analysis for FirstService Corp. For market capitalisation and broader financial context, see FirstService Corp (FSV) market capitalisation.

Year CF-to-Debt Ratio Operating CF (CAD) Total Liabilities YoY Change
2025 0.16x CA$453.75 Million CA$2.91 Billion ▲ +39.7%
2024 0.11x CA$285.67 Million CA$2.56 Billion ▼ -11.3%
2023 0.13x CA$285.50 Million CA$2.27 Billion ▲ +94.1%
2022 0.06x CA$105.89 Million CA$1.63 Billion ▼ -42.3%
2021 0.11x CA$167.27 Million CA$1.49 Billion ▼ -48.3%
2020 0.22x CA$291.76 Million CA$1.34 Billion ▲ +172.7%
2019 0.08x CA$107.81 Million CA$1.35 Billion ▼ -38.2%
2018 0.13x CA$99.46 Million CA$771.25 Million ▼ -29.2%
2017 0.18x CA$115.64 Million CA$634.50 Million ▼ -1.4%
2016 0.18x CA$109.00 Million CA$589.94 Million ▼ -8.0%
2015 0.20x CA$87.09 Million CA$433.46 Million ▲ +67.2%
2014 0.12x CA$45.18 Million CA$375.87 Million ▲ +0.5%
2013 0.12x CA$116.28 Million CA$972.39 Million ▲ +7.5%
2012 0.11x CA$102.99 Million CA$926.01 Million ▲ +17.7%
2011 0.09x CA$80.21 Million CA$848.70 Million ▼ -37.9%
2010 0.15x CA$115.05 Million CA$755.93 Million ▲ +27.6%
2009 0.12x CA$81.05 Million CA$679.33 Million
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.