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 Air New Zealand Ltd balance sheet independence to measure how much of total assets are equity-financed.

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. Check Air New Zealand Ltd cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

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
Montrose Environmental Grp NYSE:MEG	-0.026x
Chief Telecom Inc TWO:6561	0.122x
Indika Energy Tbk JK:INDY	0.001x
Kerjaya Prospek Group Bhd KLSE:7161	0.003x
Zhejiang Truelove Vogue Co Ltd SHE:003041	0.010x
Bangkok Chain Hospital Public Company Limited BK:BCH	0.050x
Hemnet Group AB ST:HEM	0.154x
Kura Oncology Inc NASDAQ:KURA	-0.796x

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 Air New Zealand Ltd market cap and net worth.

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

$800.78 Million

AU$1.13 Billion AUD

Market Cap Rank

#9737 Global

#252 in Australia

Share Price

AU$0.35

Change (1 day)

-1.41%

52-Week Range

AU$0.33 - AU$0.55

All Time High

AU$1.45