Icelandair Group hf
Icelandair Group hf., together with its subsidiaries, operates in the airline industry in Iceland, North America, Europe, and internationally. It operates through Route Network, Cargo Operation, and Leasing Operations segments. The company offers passenger air travel; airfreight, cargo, and logistics services; and aircraft leasing and consulting services to international passenger airlines and to… Read more
Icelandair Group hf (ICEAIR) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2025: 0.417x
Based on the latest financial reports, Icelandair Group hf (ICEAIR) has a cash flow conversion efficiency ratio of 0.417x as of June 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 (Ikr118.02 Million) by net assets (Ikr283.28 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Icelandair Group hf - Cash Flow Conversion Efficiency Trend (2007–2024)
This chart illustrates how Icelandair Group hf's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Icelandair Group hf Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Icelandair Group hf ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Beijing Tianma Intelligent Control Technology Co. Ltd. A
SHG:688570
|
N/A |
|
Dropsuite Ltd
AU:DSE
|
0.104x |
|
Wayz Intelligent Manufacturing Technology Co. Ltd. A
SHG:688211
|
N/A |
|
Plum Acquisition Corp. IV Unit
NASDAQ:PLMKU
|
-0.001x |
|
KS Terminals Inc
TW:3003
|
0.047x |
|
REGIONAL MAN.CORP.DL -10
F:46F
|
N/A |
|
Hanjia Design Croup Co Ltd Class A
SHE:300746
|
-0.002x |
|
WESTERN NEW ENGL. (NEW)
F:489
|
N/A |
Annual Cash Flow Conversion Efficiency for Icelandair Group hf (2007–2024)
The table below shows the annual cash flow conversion efficiency of Icelandair Group hf from 2007 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Ikr269.07 Million | Ikr221.16 Million | 0.822x | +10.17% |
| 2023-12-31 | Ikr288.35 Million | Ikr215.12 Million | 0.746x | +7.00% |
| 2022-12-31 | Ikr273.39 Million | Ikr190.62 Million | 0.697x | +206.37% |
| 2021-12-31 | Ikr222.38 Million | Ikr50.61 Million | 0.228x | +127.42% |
| 2020-12-31 | Ikr232.81 Million | Ikr-193.22 Million | -0.830x | -434.03% |
| 2019-12-31 | Ikr482.48 Million | Ikr119.88 Million | 0.248x | +90.28% |
| 2018-12-31 | Ikr471.38 Million | Ikr61.55 Million | 0.131x | -62.43% |
| 2017-12-31 | Ikr591.53 Million | Ikr205.60 Million | 0.348x | -5.51% |
| 2016-12-31 | Ikr568.21 Million | Ikr209.02 Million | 0.368x | -31.49% |
| 2015-12-31 | Ikr456.53 Million | Ikr245.14 Million | 0.537x | -8.96% |
| 2014-12-31 | Ikr365.05 Million | Ikr215.31 Million | 0.590x | -11.59% |
| 2013-12-31 | Ikr346.08 Million | Ikr230.87 Million | 0.667x | +18.40% |
| 2012-12-31 | Ikr295.93 Million | Ikr166.74 Million | 0.563x | +26.47% |
| 2011-12-31 | Ikr32.29 Billion | Ikr14.39 Billion | 0.446x | -11.69% |
| 2010-12-31 | Ikr28.40 Billion | Ikr14.33 Billion | 0.504x | -16.09% |
| 2009-12-31 | Ikr14.61 Billion | Ikr8.78 Billion | 0.601x | +310.92% |
| 2008-12-31 | Ikr20.08 Billion | Ikr2.94 Billion | 0.146x | -5.82% |
| 2007-12-31 | Ikr25.03 Billion | Ikr3.89 Billion | 0.155x | -- |