Good Will Instrument Co Ltd (2423) — Cash Flow-to-Debt Ratio
Good Will Instrument Co Ltd (2423) has a Cash Flow-to-Debt Ratio of -0.02x as of September 2025, meaning its operating cash flow of NT$-22.67 Million could theoretically repay 0% of its total liabilities (NT$907.99 Million) in one year. See financial agility of Good Will Instrument Co Ltd 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
Good Will Instrument Co Ltd Cash Flow-to-Debt Ratio (2002–2024)
Historical debt coverage capacity for Good Will Instrument Co Ltd across 23 annual periods. For the full cash flow conversion analysis, see Good Will Instrument Co Ltd cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Good Will Instrument Co Ltd (2002–2024)
Year-by-year debt coverage analysis for Good Will Instrument Co Ltd. Check Good Will Instrument Co Ltd (2423) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (TWD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.67x | NT$500.57 Million | NT$749.11 Million | ▲ +28.5% |
| 2023 | 0.52x | NT$548.14 Million | NT$1.05 Billion | ▲ +344.0% |
| 2022 | 0.12x | NT$158.90 Million | NT$1.36 Billion | ▼ -71.6% |
| 2021 | 0.41x | NT$437.69 Million | NT$1.06 Billion | ▲ +16.1% |
| 2020 | 0.36x | NT$483.41 Million | NT$1.36 Billion | ▲ +19.2% |
| 2019 | 0.30x | NT$233.57 Million | NT$784.01 Million | ▼ -8.1% |
| 2018 | 0.32x | NT$298.28 Million | NT$920.46 Million | ▼ -23.9% |
| 2017 | 0.43x | NT$348.42 Million | NT$818.45 Million | ▲ +29.6% |
| 2016 | 0.33x | NT$281.57 Million | NT$857.31 Million | ▲ +62.4% |
| 2015 | 0.20x | NT$181.75 Million | NT$898.40 Million | ▲ +199.3% |
| 2014 | 0.07x | NT$69.48 Million | NT$1.03 Billion | ▼ -56.0% |
| 2013 | 0.15x | NT$158.50 Million | NT$1.03 Billion | ▲ +1932.0% |
| 2012 | 0.01x | NT$6.80 Million | NT$899.57 Million | ▼ -93.1% |
| 2011 | 0.11x | NT$68.75 Million | NT$631.82 Million | ▼ -59.0% |
| 2010 | 0.27x | NT$217.45 Million | NT$819.82 Million | ▼ -18.6% |
| 2009 | 0.33x | NT$239.03 Million | NT$733.46 Million | ▲ +10.8% |
| 2008 | 0.29x | NT$242.50 Million | NT$824.81 Million | ▼ -5.2% |
| 2007 | 0.31x | NT$243.03 Million | NT$783.28 Million | ▼ -41.7% |
| 2006 | 0.53x | NT$377.18 Million | NT$708.74 Million | ▲ +478.5% |
| 2005 | 0.09x | NT$87.13 Million | NT$947.13 Million | ▼ -78.5% |
| 2004 | 0.43x | NT$356.03 Million | NT$831.63 Million | ▼ -20.6% |
| 2003 | 0.54x | NT$209.10 Million | NT$387.76 Million | ▲ +118.9% |
| 2002 | 0.25x | NT$99.12 Million | NT$402.34 Million | — |