Icelandair Group hf (ICEAIR) — Cash Flow Quality Index
Icelandair Group hf (ICEAIR) has a Cash Flow Quality Index of 9.04x as of June 2025. Operating cash flow of Ikr118.02 Million exceeds net income of Ikr13.06 Million, indicating high earnings quality where cash backs reported profits. Explore ICEAIR cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Icelandair Group hf Cash Flow Quality Index (2007–2023)
Historical Cash Flow Quality Index for Icelandair Group hf across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Icelandair Group hf cash conversion from operations.
Annual Cash Flow Quality Index for Icelandair Group hf (2007–2023)
Year-by-year earnings quality comparison for Icelandair Group hf.
| Year | Quality Index | Operating CF (ISK) | Net Income | YoY Change |
|---|---|---|---|---|
| 2023 | 20.06x | Ikr215.12 Million | Ikr10.73 Million | ▲ +265.2% |
| 2017 | 5.49x | Ikr205.60 Million | Ikr37.44 Million | ▲ +133.4% |
| 2016 | 2.35x | Ikr209.02 Million | Ikr88.82 Million | ▲ +6.9% |
| 2015 | 2.20x | Ikr245.14 Million | Ikr111.32 Million | ▼ -34.1% |
| 2014 | 3.34x | Ikr215.31 Million | Ikr64.44 Million | ▼ -18.4% |
| 2013 | 4.09x | Ikr230.87 Million | Ikr56.39 Million | ▲ +8.8% |
| 2012 | 3.76x | Ikr166.74 Million | Ikr44.30 Million | ▲ +6.8% |
| 2011 | 3.52x | Ikr14.39 Billion | Ikr4.08 Billion | ▲ +26.0% |
| 2010 | 2.80x | Ikr14.33 Billion | Ikr5.13 Billion | ▼ -82.0% |
| 2007 | 15.49x | Ikr3.89 Billion | Ikr251.00 Million | — |