Kogeneracja SA (KGN) — Cash Flow-to-Debt Ratio
Kogeneracja SA (KGN) has a Cash Flow-to-Debt Ratio of 0.15x as of March 2026, meaning its operating cash flow of zł337.30 Million could theoretically repay 0% of its total liabilities (zł2.21 Billion) in one year. See Kogeneracja SA leverage flexibility 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
Kogeneracja SA Cash Flow-to-Debt Ratio (2005–2025)
Historical debt coverage capacity for Kogeneracja SA across 21 annual periods. For the full cash flow conversion analysis, see KGN cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Kogeneracja SA (2005–2025)
Year-by-year debt coverage analysis for Kogeneracja SA. Check Kogeneracja SA (KGN) cash flow quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (PLN) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.40x | zł804.02 Million | zł1.99 Billion | ▲ +13.5% |
| 2024 | 0.36x | zł850.72 Million | zł2.39 Billion | ▲ +50.0% |
| 2023 | 0.24x | zł611.91 Million | zł2.58 Billion | ▼ -8.8% |
| 2022 | 0.26x | zł425.56 Million | zł1.64 Billion | ▲ +15.5% |
| 2021 | 0.22x | zł328.19 Million | zł1.46 Billion | ▲ +70.1% |
| 2020 | 0.13x | zł154.39 Million | zł1.17 Billion | ▼ -55.5% |
| 2019 | 0.30x | zł304.45 Million | zł1.03 Billion | ▲ +42.6% |
| 2018 | 0.21x | zł191.24 Million | zł918.73 Million | ▼ -48.4% |
| 2017 | 0.40x | zł330.69 Million | zł819.28 Million | ▼ -19.8% |
| 2016 | 0.50x | zł429.50 Million | zł853.02 Million | ▲ +31.2% |
| 2015 | 0.38x | zł340.23 Million | zł886.66 Million | ▲ +176.0% |
| 2014 | 0.14x | zł115.05 Million | zł827.38 Million | ▼ -73.9% |
| 2013 | 0.53x | zł389.81 Million | zł732.35 Million | ▲ +70.4% |
| 2012 | 0.31x | zł228.03 Million | zł730.19 Million | ▲ +19.7% |
| 2011 | 0.26x | zł204.53 Million | zł783.78 Million | ▼ -24.2% |
| 2010 | 0.34x | zł281.58 Million | zł817.72 Million | ▲ +100.7% |
| 2009 | 0.17x | zł69.90 Million | zł407.36 Million | ▼ -23.5% |
| 2008 | 0.22x | zł153.04 Million | zł682.64 Million | ▼ -24.1% |
| 2007 | 0.30x | zł179.52 Million | zł607.58 Million | ▲ +13.3% |
| 2006 | 0.26x | zł176.07 Million | zł675.02 Million | ▲ +20.2% |
| 2005 | 0.22x | zł156.01 Million | zł718.87 Million | — |