Taiwan Paiho Ltd (9938) — Cash Flow-to-Debt Ratio
Taiwan Paiho Ltd (9938) has a Cash Flow-to-Debt Ratio of 0.05x as of December 2025, meaning its operating cash flow of NT$831.26 Million could theoretically repay 0% of its total liabilities (NT$17.22 Billion) in one year. See 9938 FCF to total liabilities ratio 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
Taiwan Paiho Ltd Cash Flow-to-Debt Ratio (2002–2025)
Historical debt coverage capacity for Taiwan Paiho Ltd across 24 annual periods. For the full cash flow conversion analysis, see Taiwan Paiho Ltd (9938) cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Taiwan Paiho Ltd (2002–2025)
Year-by-year debt coverage analysis for Taiwan Paiho Ltd. Check 9938 cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (TWD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.14x | NT$2.34 Billion | NT$17.22 Billion | ▼ -19.4% |
| 2024 | 0.17x | NT$2.74 Billion | NT$16.22 Billion | ▲ +120.1% |
| 2023 | 0.08x | NT$1.36 Billion | NT$17.77 Billion | ▼ -56.6% |
| 2022 | 0.18x | NT$3.07 Billion | NT$17.35 Billion | ▲ +18.3% |
| 2021 | 0.15x | NT$2.29 Billion | NT$15.31 Billion | ▼ -45.1% |
| 2020 | 0.27x | NT$5.26 Billion | NT$19.29 Billion | ▲ +145.2% |
| 2019 | 0.11x | NT$1.77 Billion | NT$15.96 Billion | ▼ -35.5% |
| 2018 | 0.17x | NT$2.68 Billion | NT$15.53 Billion | ▲ +61.3% |
| 2017 | 0.11x | NT$1.16 Billion | NT$10.84 Billion | ▼ -66.5% |
| 2016 | 0.32x | NT$2.17 Billion | NT$6.82 Billion | ▼ -0.3% |
| 2015 | 0.32x | NT$2.07 Billion | NT$6.49 Billion | ▼ -11.2% |
| 2014 | 0.36x | NT$2.00 Billion | NT$5.57 Billion | ▲ +27.9% |
| 2013 | 0.28x | NT$1.46 Billion | NT$5.20 Billion | ▼ -3.5% |
| 2012 | 0.29x | NT$1.30 Billion | NT$4.45 Billion | ▲ +3.5% |
| 2011 | 0.28x | NT$1.32 Billion | NT$4.69 Billion | ▲ +175.4% |
| 2010 | 0.10x | NT$496.60 Million | NT$4.86 Billion | ▼ -61.0% |
| 2009 | 0.26x | NT$1.04 Billion | NT$3.97 Billion | ▲ +47.8% |
| 2008 | 0.18x | NT$712.88 Million | NT$4.02 Billion | ▲ +100.1% |
| 2007 | 0.09x | NT$358.89 Million | NT$4.05 Billion | ▼ -38.8% |
| 2006 | 0.14x | NT$455.93 Million | NT$3.15 Billion | ▲ +39.5% |
| 2005 | 0.10x | NT$299.44 Million | NT$2.88 Billion | ▼ -32.5% |
| 2004 | 0.15x | NT$425.24 Million | NT$2.77 Billion | ▲ +85.4% |
| 2003 | 0.08x | NT$233.49 Million | NT$2.81 Billion | ▼ -35.2% |
| 2002 | 0.13x | NT$154.65 Million | NT$1.21 Billion | — |