Hai Kwang Enterprise Corp (2038) — Cash Flow-to-Debt Ratio
Hai Kwang Enterprise Corp (2038) has a Cash Flow-to-Debt Ratio of -0.02x as of September 2025, meaning its operating cash flow of NT$-131.95 Million could theoretically repay 0% of its total liabilities (NT$5.77 Billion) in one year. See cash generation quality of Hai Kwang Enterprise Corp to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Hai Kwang Enterprise Corp Cash Flow-to-Debt Ratio (2008–2024)
Historical debt coverage capacity for Hai Kwang Enterprise Corp across 17 annual periods. Also explore 2038 shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Hai Kwang Enterprise Corp (2008–2024)
Year-by-year debt coverage analysis for Hai Kwang Enterprise Corp. For market capitalisation and broader financial context, see Hai Kwang Enterprise Corp market capitalisation.
| Year | CF-to-Debt Ratio | Operating CF (TWD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | -0.05x | NT$-292.36 Million | NT$5.99 Billion | ▼ -343.8% |
| 2023 | 0.02x | NT$109.87 Million | NT$5.49 Billion | ▲ +139.0% |
| 2022 | 0.01x | NT$45.67 Million | NT$5.45 Billion | ▼ -96.4% |
| 2021 | 0.23x | NT$1.18 Billion | NT$5.07 Billion | ▲ +2122.8% |
| 2020 | -0.01x | NT$-55.02 Million | NT$4.76 Billion | ▼ -113.9% |
| 2019 | 0.08x | NT$369.91 Million | NT$4.45 Billion | ▲ +145.8% |
| 2018 | -0.18x | NT$-823.64 Million | NT$4.54 Billion | ▲ +45.3% |
| 2017 | -0.33x | NT$-1.24 Billion | NT$3.74 Billion | ▼ -182.6% |
| 2016 | 0.40x | NT$863.47 Million | NT$2.15 Billion | ▼ -17.8% |
| 2015 | 0.49x | NT$1.53 Billion | NT$3.12 Billion | ▲ +644.5% |
| 2014 | -0.09x | NT$-428.84 Million | NT$4.78 Billion | ▼ -152.3% |
| 2013 | 0.17x | NT$693.35 Million | NT$4.04 Billion | ▲ +264.8% |
| 2012 | -0.10x | NT$-466.01 Million | NT$4.48 Billion | ▼ -147.2% |
| 2011 | 0.22x | NT$648.82 Million | NT$2.94 Billion | ▲ +580.4% |
| 2010 | -0.05x | NT$-146.59 Million | NT$3.19 Billion | ▲ +69.3% |
| 2009 | -0.15x | NT$-452.51 Million | NT$3.02 Billion | ▼ -127.9% |
| 2008 | 0.54x | NT$1.65 Billion | NT$3.07 Billion | — |