Zen Voce (3581) — Cash Flow-to-Debt Ratio
Zen Voce (3581) has a Cash Flow-to-Debt Ratio of -0.02x as of September 2025, meaning its operating cash flow of NT$-17.23 Million could theoretically repay 0% of its total liabilities (NT$968.32 Million) in one year. See Zen Voce 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
Zen Voce Cash Flow-to-Debt Ratio (2011–2024)
Historical debt coverage capacity for Zen Voce across 13 annual periods. For the full cash flow conversion analysis, see how efficiently does Zen Voce generate cash.
Annual Cash Flow-to-Debt Ratio for Zen Voce (2011–2024)
Year-by-year debt coverage analysis for Zen Voce. Check Zen Voce cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (TWD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.01x | NT$12.11 Million | NT$1.00 Billion | ▼ -90.8% |
| 2023 | 0.13x | NT$129.03 Million | NT$984.96 Million | ▲ +3.3% |
| 2022 | 0.13x | NT$138.85 Million | NT$1.10 Billion | ▲ +51.0% |
| 2021 | 0.08x | NT$80.51 Million | NT$959.17 Million | ▲ +455.7% |
| 2020 | 0.02x | NT$11.54 Million | NT$764.15 Million | ▼ -100.0% |
| 2019 | 77.64x | NT$115.69 Million | NT$1.49 Million | ▲ +57014.3% |
| 2018 | 0.14x | NT$96.58 Million | NT$710.43 Million | ▲ +344.3% |
| 2017 | -0.06x | NT$-38.97 Million | NT$700.40 Million | ▼ -135.8% |
| 2016 | 0.16x | NT$106.57 Million | NT$686.11 Million | ▼ -80.2% |
| 2015 | 0.79x | NT$169.24 Million | NT$215.41 Million | ▲ +115.1% |
| 2013 | 0.37x | NT$93.38 Million | NT$255.69 Million | ▼ -27.7% |
| 2012 | 0.51x | NT$202.53 Million | NT$400.73 Million | ▲ +299.5% |
| 2011 | 0.13x | NT$43.83 Million | NT$346.44 Million | — |