Merck KGaA Cash Flow-to-Debt Ratio
Merck KGaA cash flow-to-debt ratio. Merck KGaA (MRK) has a Cash Flow-to-Debt Ratio of 0.03x as of June 2026, meaning its operating cash flow of €605.00 Million could theoretically repay 0% of its total liabilities (€22.40 Billion) in one year. Check Merck KGaA (MRK) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Merck KGaA (2002–2025)
Cash flow-to-debt ratio of Merck KGaA from 2002 to 2025. Historical debt coverage capacity for Merck KGaA across 24 annual periods. Check MRK cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Merck KGaA Cash Flow-to-Debt Ratio by Year (2002–2025)
Merck KGaA cash flow-to-debt ratio by year from 2002 to 2025. Year-by-year debt coverage analysis for Merck KGaA. For the full cash flow conversion analysis, see MRK cash generation efficiency.
| Year | CF-to-Debt Ratio | Operating CF (EUR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.17x | €3.93 Billion | €23.44 Billion | ▼ -21.1% |
| 2024 | 0.21x | €4.59 Billion | €21.58 Billion | ▲ +22.1% |
| 2023 | 0.17x | €3.78 Billion | €21.74 Billion | ▼ -8.0% |
| 2022 | 0.19x | €4.26 Billion | €22.52 Billion | ▼ -1.9% |
| 2021 | 0.19x | €4.62 Billion | €23.95 Billion | ▲ +37.4% |
| 2020 | 0.14x | €3.48 Billion | €24.78 Billion | ▲ +27.2% |
| 2019 | 0.11x | €2.86 Billion | €25.90 Billion | ▼ -2.3% |
| 2018 | 0.11x | €2.22 Billion | €19.66 Billion | ▼ -9.7% |
| 2017 | 0.13x | €2.70 Billion | €21.55 Billion | ▲ +20.2% |
| 2016 | 0.10x | €2.52 Billion | €24.20 Billion | ▲ +19.2% |
| 2015 | 0.09x | €2.20 Billion | €25.15 Billion | ▼ -54.2% |
| 2014 | 0.19x | €2.71 Billion | €14.21 Billion | ▼ -16.6% |
| 2013 | 0.23x | €2.23 Billion | €9.75 Billion | ▲ +3.7% |
| 2012 | 0.22x | €2.47 Billion | €11.23 Billion | ▲ +101.4% |
| 2011 | 0.11x | €1.27 Billion | €11.63 Billion | ▼ -26.3% |
| 2010 | 0.15x | €1.78 Billion | €12.02 Billion | ▼ -22.1% |
| 2009 | 0.19x | €1.37 Billion | €7.20 Billion | ▲ +12.1% |
| 2008 | 0.17x | €1.02 Billion | €6.02 Billion | ▼ -13.0% |
| 2007 | 0.20x | €1.22 Billion | €6.23 Billion | ▲ +3.4% |
| 2006 | 0.19x | €811.70 Million | €4.30 Billion | ▲ +2.0% |
| 2005 | 0.19x | €732.50 Million | €3.95 Billion | ▼ -8.2% |
| 2004 | 0.20x | €570.90 Million | €2.83 Billion | ▲ +24.0% |
| 2003 | 0.16x | €752.40 Million | €4.62 Billion | ▲ +110.8% |
| 2002 | 0.08x | €421.70 Million | €5.46 Billion | — |