Iron Force Industrial Co Ltd (2228) — Cash Flow-to-Debt Ratio

Latest as of September 2025: 0.19x

Iron Force Industrial Co Ltd (2228) has a Cash Flow-to-Debt Ratio of 0.19x as of September 2025, meaning its operating cash flow of NT$378.85 Million could theoretically repay 0% of its total liabilities (NT$1.98 Billion) in one year. See Iron Force Industrial Co Ltd free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.

CF-to-Debt Ratio

0.19x
Operating CF / Total Liabilities

Operating Cash Flow

NT$378.85 Million
TWD

Total Liabilities

NT$1.98 Billion
TWD

Data as of

Sep 2025
Most recent filing

Iron Force Industrial Co Ltd Cash Flow-to-Debt Ratio (2009–2024)

Historical debt coverage capacity for Iron Force Industrial Co Ltd across 16 annual periods. Also explore Iron Force Industrial Co Ltd (2228) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Cash Flow-to-Debt Ratio for Iron Force Industrial Co Ltd (2009–2024)

Year-by-year debt coverage analysis for Iron Force Industrial Co Ltd. For market capitalisation and broader financial context, see 2228 market cap.

Year CF-to-Debt Ratio Operating CF (TWD) Total Liabilities YoY Change
2024 0.30x NT$474.66 Million NT$1.60 Billion ▼ -59.3%
2023 0.73x NT$1.29 Billion NT$1.77 Billion ▲ +623.5%
2022 0.10x NT$196.58 Million NT$1.95 Billion ▼ -47.9%
2021 0.19x NT$315.36 Million NT$1.63 Billion ▲ +44.6%
2020 0.13x NT$242.90 Million NT$1.81 Billion ▼ -77.3%
2019 0.59x NT$679.17 Million NT$1.15 Billion ▲ +25.5%
2018 0.47x NT$537.40 Million NT$1.14 Billion ▼ -32.5%
2017 0.70x NT$714.62 Million NT$1.02 Billion ▲ +5.6%
2016 0.66x NT$775.65 Million NT$1.17 Billion ▼ -22.1%
2015 0.85x NT$772.51 Million NT$910.48 Million ▲ +17.0%
2014 0.72x NT$522.74 Million NT$721.03 Million ▲ +13.4%
2013 0.64x NT$358.09 Million NT$560.29 Million ▲ +133.1%
2012 0.27x NT$246.80 Million NT$900.35 Million ▼ -8.6%
2011 0.30x NT$189.56 Million NT$632.16 Million ▲ +30.5%
2010 0.23x NT$99.21 Million NT$431.73 Million ▼ -54.8%
2009 0.51x NT$149.69 Million NT$294.39 Million —
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.