Air New Zealand Ltd (AIZ) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.117x

Based on the latest financial reports, Air New Zealand Ltd (AIZ) has a cash flow conversion efficiency ratio of 0.117x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (AU$213.04 Million ≈ $150.74 Million USD) by net assets (AU$1.83 Billion ≈ $1.29 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See defensive interval ratio of Air New Zealand Ltd to measure how many days the company can operate on defensive assets alone.

Air New Zealand Ltd - Cash Flow Conversion Efficiency Trend (2001–2025)

This chart illustrates how Air New Zealand Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Air New Zealand Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Air New Zealand Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Sichuan Shudao Equipment & Technology Co Ltd SHE:300540	-0.073x
Janux Therapeutics Inc NASDAQ:JANX	-0.013x
Grupo Posadas S.A.B. de C.V MX:POSADASA	0.097x
Eton Pharmaceuticals Inc NASDAQ:ETON	0.242x
Shenzhen Infinova Ltd SHE:002528	-0.364x
JBG SMITH Properties NYSE:JBGS	0.002x
D-MARKET E.S.+T.SP.ADR/1B F:8WZ	2.184x
Pexip Holding ASA OL:PEXIP	0.196x

Annual Cash Flow Conversion Efficiency for Air New Zealand Ltd (2001–2025)

The table below shows the annual cash flow conversion efficiency of Air New Zealand Ltd from 2001 to 2025. For the full company profile with market capitalisation and key ratios, see AIZ stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-06-30	AU$1.95 Billion ≈ $1.38 Billion	AU$940.00 Million ≈ $665.11 Million	0.483x	+19.87%
2024-06-30	AU$2.01 Billion ≈ $1.42 Billion	AU$810.00 Million ≈ $573.13 Million	0.403x	-54.79%
2023-06-30	AU$2.08 Billion ≈ $1.47 Billion	AU$1.85 Billion ≈ $1.31 Billion	0.891x	+160.40%
2022-06-30	AU$1.68 Billion ≈ $1.19 Billion	AU$574.00 Million ≈ $406.14 Million	0.342x	+18.18%
2021-06-30	AU$1.10 Billion ≈ $776.90 Million	AU$318.00 Million ≈ $225.01 Million	0.290x	+65.96%
2020-06-30	AU$1.32 Billion ≈ $932.57 Million	AU$230.00 Million ≈ $162.74 Million	0.175x	-64.74%
2019-06-30	AU$1.99 Billion ≈ $1.41 Billion	AU$986.00 Million ≈ $697.66 Million	0.495x	+4.47%
2018-06-30	AU$2.18 Billion ≈ $1.54 Billion	AU$1.03 Billion ≈ $729.50 Million	0.474x	+4.09%
2017-06-30	AU$1.99 Billion ≈ $1.41 Billion	AU$904.00 Million ≈ $639.64 Million	0.455x	-10.66%
2016-06-30	AU$2.11 Billion ≈ $1.49 Billion	AU$1.07 Billion ≈ $759.92 Million	0.509x	-8.99%
2015-06-30	AU$1.97 Billion ≈ $1.39 Billion	AU$1.10 Billion ≈ $778.32 Million	0.560x	+43.55%
2014-06-30	AU$1.87 Billion ≈ $1.32 Billion	AU$730.00 Million ≈ $516.52 Million	0.390x	-6.36%
2013-06-30	AU$1.80 Billion ≈ $1.27 Billion	AU$750.00 Million ≈ $530.67 Million	0.416x	+48.93%
2012-06-30	AU$1.69 Billion ≈ $1.19 Billion	AU$472.00 Million ≈ $333.97 Million	0.280x	-9.75%
2011-06-30	AU$1.50 Billion ≈ $1.06 Billion	AU$466.00 Million ≈ $329.72 Million	0.310x	+45.27%
2010-06-30	AU$1.57 Billion ≈ $1.11 Billion	AU$334.00 Million ≈ $236.33 Million	0.213x	-29.56%
2009-06-30	AU$1.60 Billion ≈ $1.14 Billion	AU$486.00 Million ≈ $343.88 Million	0.303x	-35.73%
2008-06-30	AU$1.58 Billion ≈ $1.12 Billion	AU$743.00 Million ≈ $525.72 Million	0.471x	+148.81%
2007-06-30	AU$1.75 Billion ≈ $1.24 Billion	AU$331.00 Million ≈ $234.20 Million	0.189x	-36.19%
2006-06-30	AU$1.59 Billion ≈ $1.13 Billion	AU$473.00 Million ≈ $334.68 Million	0.297x	+4.64%
2005-06-30	AU$1.54 Billion ≈ $1.09 Billion	AU$437.00 Million ≈ $309.21 Million	0.284x	-26.23%
2004-06-30	AU$1.21 Billion ≈ $859.37 Million	AU$466.86 Million ≈ $330.34 Million	0.384x	+502.62%
2002-06-30	AU$881.79 Million ≈ $623.92 Million	AU$56.25 Million ≈ $39.80 Million	0.064x	-77.42%
2001-06-30	AU$518.04 Million ≈ $366.55 Million	AU$146.31 Million ≈ $103.53 Million	0.282x	--

About Air New Zealand Ltd

AU:AIZ Australia Airlines

Market Cap

$835.10 Million

AU$1.18 Billion AUD

Market Cap Rank

#9890 Global

#250 in Australia

Share Price

AU$0.37

Change (1 day)

-1.35%

52-Week Range

AU$0.33 - AU$0.55

All Time High

AU$1.45