Photon Energy N.V. (PEN) — 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. Explore long-term investment intensity of Photon Energy N.V. to see how much of total assets are deployed in long-term investments.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Photon Energy N.V. Cash Flow-to-Debt Ratio (2011–2025)
Historical debt coverage capacity for Photon Energy N.V. across 15 annual periods. Also explore total assets of Photon Energy N.V. for the complete picture of this company's asset base.
Annual Cash Flow-to-Debt Ratio for Photon Energy N.V. (2011–2025)
Year-by-year debt coverage analysis for Photon Energy N.V.. For market capitalisation and broader financial context, see PEN market cap.
| 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 | — |