Photon Energy N.V. Cash Flow-to-Debt Ratio
Photon Energy N.V. cash flow-to-debt ratio. Photon Energy N.V. (PEN) has a Cash Flow-to-Debt Ratio of 0.03x as of December 2025, meaning its operating cash flow of zł6.23 Million could theoretically repay 0% of its total liabilities (zł218.56 Million) in one year. Check Photon Energy N.V. (PEN) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Photon Energy N.V. (2011–2025)
Cash flow-to-debt ratio of Photon Energy N.V. from 2011 to 2025. Historical debt coverage capacity for Photon Energy N.V. across 15 annual periods. Check PEN cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Photon Energy N.V. Cash Flow-to-Debt Ratio by Year (2011–2025)
Photon Energy N.V. cash flow-to-debt ratio by year from 2011 to 2025. Year-by-year debt coverage analysis for Photon Energy N.V.. For the full cash flow conversion analysis, see cash efficiency ratio of Photon Energy N.V..
| Year | CF-to-Debt Ratio | Operating CF (PLN) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.09x | zł20.57 Million | zł218.56 Million | ▲ +39.9% |
| 2024 | 0.07x | zł14.32 Million | zł212.77 Million | ▲ +94.0% |
| 2023 | 0.03x | zł7.21 Million | zł207.92 Million | ▲ +123.4% |
| 2022 | 0.02x | zł2.85 Million | zł183.33 Million | ▼ -63.8% |
| 2021 | 0.04x | zł6.22 Million | zł145.08 Million | ▼ -8.4% |
| 2020 | 0.05x | zł5.56 Million | zł118.83 Million | ▼ -28.1% |
| 2019 | 0.07x | zł6.54 Million | zł100.42 Million | ▼ -34.9% |
| 2018 | 0.10x | zł7.65 Million | zł76.57 Million | ▲ +139.3% |
| 2017 | 0.04x | zł2.66 Million | zł63.71 Million | ▲ +29.2% |
| 2016 | 0.03x | zł2.04 Million | zł62.95 Million | ▼ -45.2% |
| 2015 | 0.06x | zł3.62 Million | zł61.41 Million | ▲ +121.2% |
| 2014 | 0.03x | zł1.74 Million | zł65.36 Million | ▲ +106.7% |
| 2013 | -0.40x | zł-25.38 Million | zł63.94 Million | ▼ -4285.3% |
| 2012 | -0.01x | zł-911.00K | zł100.66 Million | ▼ -15.5% |
| 2011 | -0.01x | zł-665.00K | zł84.84 Million | — |