Test Research Inc (3030) — Cash Flow-to-Debt Ratio
Test Research Inc (3030) has a Cash Flow-to-Debt Ratio of 0.18x as of March 2026, meaning its operating cash flow of NT$519.72 Million could theoretically repay 0% of its total liabilities (NT$2.95 Billion) in one year. See 3030 free cash flow generation 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
Test Research Inc Cash Flow-to-Debt Ratio (2002–2025)
Historical debt coverage capacity for Test Research Inc across 24 annual periods. Also explore 3030 year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Test Research Inc (2002–2025)
Year-by-year debt coverage analysis for Test Research Inc. For market capitalisation and broader financial context, see Test Research Inc (3030) total market value.
| Year | CF-to-Debt Ratio | Operating CF (TWD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.67x | NT$1.72 Billion | NT$2.55 Billion | ▲ +8.1% |
| 2024 | 0.62x | NT$1.16 Billion | NT$1.86 Billion | ▼ -42.9% |
| 2023 | 1.09x | NT$1.88 Billion | NT$1.72 Billion | ▲ +41.8% |
| 2022 | 0.77x | NT$1.47 Billion | NT$1.91 Billion | ▲ +149.1% |
| 2021 | 0.31x | NT$591.41 Million | NT$1.91 Billion | ▼ -64.3% |
| 2020 | 0.86x | NT$1.12 Billion | NT$1.30 Billion | ▼ -24.4% |
| 2019 | 1.14x | NT$1.36 Billion | NT$1.19 Billion | ▲ +104.5% |
| 2018 | 0.56x | NT$626.81 Million | NT$1.12 Billion | ▲ +137.2% |
| 2017 | 0.24x | NT$248.47 Million | NT$1.05 Billion | ▼ -72.5% |
| 2016 | 0.86x | NT$553.03 Million | NT$644.27 Million | ▲ +22.4% |
| 2015 | 0.70x | NT$675.76 Million | NT$963.97 Million | ▼ -34.1% |
| 2014 | 1.06x | NT$1.16 Billion | NT$1.09 Billion | ▼ -5.8% |
| 2013 | 1.13x | NT$1.12 Billion | NT$987.18 Million | ▲ +4.9% |
| 2012 | 1.08x | NT$1.43 Billion | NT$1.33 Billion | ▼ -14.7% |
| 2011 | 1.26x | NT$911.56 Million | NT$722.57 Million | ▲ +22.3% |
| 2010 | 1.03x | NT$659.46 Million | NT$639.57 Million | ▲ +101.6% |
| 2009 | 0.51x | NT$319.27 Million | NT$624.38 Million | ▼ -65.0% |
| 2008 | 1.46x | NT$683.64 Million | NT$467.75 Million | ▲ +3.3% |
| 2007 | 1.42x | NT$771.25 Million | NT$544.85 Million | ▲ +92.4% |
| 2006 | 0.74x | NT$466.75 Million | NT$634.55 Million | ▼ -18.0% |
| 2005 | 0.90x | NT$385.99 Million | NT$430.47 Million | ▲ +58.2% |
| 2004 | 0.57x | NT$260.25 Million | NT$459.27 Million | ▲ +321.8% |
| 2003 | 0.13x | NT$61.04 Million | NT$454.39 Million | ▼ -68.8% |
| 2002 | 0.43x | NT$172.02 Million | NT$399.60 Million | — |