Ares International Corp (2471) — Cash Flow-to-Debt Ratio
Ares International Corp (2471) has a Cash Flow-to-Debt Ratio of 0.23x as of December 2025, meaning its operating cash flow of NT$134.51 Million could theoretically repay 0% of its total liabilities (NT$594.70 Million) in one year. See 2471 financial flexibility index 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
Ares International Corp Cash Flow-to-Debt Ratio (2002–2025)
Historical debt coverage capacity for Ares International Corp across 23 annual periods. For the full cash flow conversion analysis, see Ares International Corp cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Ares International Corp (2002–2025)
Year-by-year debt coverage analysis for Ares International Corp. Check 2471 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (TWD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.44x | NT$258.76 Million | NT$594.70 Million | ▲ +79.3% |
| 2024 | 0.24x | NT$127.32 Million | NT$524.54 Million | ▲ +2.8% |
| 2023 | 0.24x | NT$128.80 Million | NT$545.50 Million | ▼ -27.3% |
| 2022 | 0.32x | NT$172.06 Million | NT$530.03 Million | ▲ +692.4% |
| 2021 | 0.04x | NT$21.15 Million | NT$516.27 Million | ▼ -85.6% |
| 2020 | 0.28x | NT$150.96 Million | NT$530.93 Million | ▼ -16.9% |
| 2019 | 0.34x | NT$167.07 Million | NT$488.39 Million | ▲ +96.7% |
| 2018 | 0.17x | NT$67.75 Million | NT$389.61 Million | ▲ +27.3% |
| 2017 | 0.14x | NT$52.05 Million | NT$380.98 Million | ▲ +112.9% |
| 2016 | 0.06x | NT$23.66 Million | NT$368.71 Million | ▲ +116.4% |
| 2015 | 0.03x | NT$11.10 Million | NT$374.42 Million | ▼ -84.7% |
| 2014 | 0.19x | NT$69.51 Million | NT$359.61 Million | ▼ -22.2% |
| 2013 | 0.25x | NT$84.91 Million | NT$341.73 Million | ▼ -29.1% |
| 2012 | 0.35x | NT$109.13 Million | NT$311.60 Million | ▼ -6.9% |
| 2011 | 0.38x | NT$137.60 Million | NT$365.85 Million | ▼ -4.7% |
| 2010 | 0.39x | NT$120.46 Million | NT$305.31 Million | ▲ +4740.1% |
| 2009 | -0.01x | NT$-2.19 Million | NT$258.03 Million | ▼ -101.4% |
| 2008 | 0.63x | NT$177.20 Million | NT$281.92 Million | ▲ +1260.0% |
| 2007 | 0.05x | NT$13.37 Million | NT$289.37 Million | ▼ -73.9% |
| 2006 | 0.18x | NT$42.73 Million | NT$241.77 Million | ▼ -56.7% |
| 2004 | 0.41x | NT$86.87 Million | NT$212.74 Million | ▲ +39.1% |
| 2003 | 0.29x | NT$44.74 Million | NT$152.34 Million | ▼ -33.9% |
| 2002 | 0.44x | NT$68.42 Million | NT$153.90 Million | — |