Icelandair Group hf Cash Flow Conversion Efficiency
Icelandair Group hf cash flow conversion efficiency. 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 ≈ $962.18K USD) by net assets (Ikr283.28 Million ≈ $2.31 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Icelandair Group hf (2007–2024)
Cash flow conversion efficiency of Icelandair Group hf from 2007 to 2024. This chart illustrates how Icelandair Group hf's cash flow conversion efficiency has evolved over time, based on yearly financial data. View ICEAIR stock price and chart for real-time trading data and today's change.
Icelandair Group hf Cash Flow Conversion Ratio Explained
Icelandair Group hf cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see ICEAIR company net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Provident Bancorp Inc
NASDAQ:PVBC
|
0.020x |
|
Perma-Pipe International Holdings Inc
NASDAQ:PPIH
|
0.065x |
|
KinderCare Learning Companies, Inc.
NYSE:KLC
|
0.108x |
|
Stille AB
ST:STIL
|
0.015x |
|
SEOHAN Const. & Eng.co.Ltd
KQ:011370
|
-0.091x |
|
Cipher Pharmaceuticals Inc
TO:CPH
|
0.022x |
|
National Aerospace Fasteners Corp
TW:3004
|
-0.010x |
|
Condor Energies Inc.
TO:CDR
|
0.082x |
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. Review Icelandair Group hf (ICEAIR) free cash flow to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Ikr269.07 Million ≈ $2.19 Million |
Ikr221.16 Million ≈ $1.80 Million |
0.822x | +10.17% |
| 2023-12-31 | Ikr288.35 Million ≈ $2.35 Million |
Ikr215.12 Million ≈ $1.75 Million |
0.746x | +7.00% |
| 2022-12-31 | Ikr273.39 Million ≈ $2.23 Million |
Ikr190.62 Million ≈ $1.55 Million |
0.697x | +206.37% |
| 2021-12-31 | Ikr222.38 Million ≈ $1.81 Million |
Ikr50.61 Million ≈ $412.62K |
0.228x | +127.42% |
| 2020-12-31 | Ikr232.81 Million ≈ $1.90 Million |
Ikr-193.22 Million ≈ $-1.58 Million |
-0.830x | -434.03% |
| 2019-12-31 | Ikr482.48 Million ≈ $3.93 Million |
Ikr119.88 Million ≈ $977.32K |
0.248x | +90.28% |
| 2018-12-31 | Ikr471.38 Million ≈ $3.84 Million |
Ikr61.55 Million ≈ $501.82K |
0.131x | -62.43% |
| 2017-12-31 | Ikr591.53 Million ≈ $4.82 Million |
Ikr205.60 Million ≈ $1.68 Million |
0.348x | -5.51% |
| 2016-12-31 | Ikr568.21 Million ≈ $4.63 Million |
Ikr209.02 Million ≈ $1.70 Million |
0.368x | -31.49% |
| 2015-12-31 | Ikr456.53 Million ≈ $3.72 Million |
Ikr245.14 Million ≈ $2.00 Million |
0.537x | -8.96% |
| 2014-12-31 | Ikr365.05 Million ≈ $2.98 Million |
Ikr215.31 Million ≈ $1.76 Million |
0.590x | -11.59% |
| 2013-12-31 | Ikr346.08 Million ≈ $2.82 Million |
Ikr230.87 Million ≈ $1.88 Million |
0.667x | +18.40% |
| 2012-12-31 | Ikr295.93 Million ≈ $2.41 Million |
Ikr166.74 Million ≈ $1.36 Million |
0.563x | +26.47% |
| 2011-12-31 | Ikr32.29 Billion ≈ $263.26 Million |
Ikr14.39 Billion ≈ $117.28 Million |
0.446x | -11.69% |
| 2010-12-31 | Ikr28.40 Billion ≈ $231.56 Million |
Ikr14.33 Billion ≈ $116.82 Million |
0.504x | -16.09% |
| 2009-12-31 | Ikr14.61 Billion ≈ $119.07 Million |
Ikr8.78 Billion ≈ $71.59 Million |
0.601x | +310.92% |
| 2008-12-31 | Ikr20.08 Billion ≈ $163.70 Million |
Ikr2.94 Billion ≈ $23.95 Million |
0.146x | -5.82% |
| 2007-12-31 | Ikr25.03 Billion ≈ $204.08 Million |
Ikr3.89 Billion ≈ $31.71 Million |
0.155x | -- |
About 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