Air New Zealand Ltd (AIZ) — Cash Flow-to-Debt Ratio
Air New Zealand Ltd (AIZ) has a Cash Flow-to-Debt Ratio of 0.03x as of December 2025, meaning its operating cash flow of AU$213.04 Million could theoretically repay 0% of its total liabilities (AU$7.31 Billion) in one year. See Air New Zealand Ltd free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Air New Zealand Ltd Cash Flow-to-Debt Ratio (2001–2025)
Historical debt coverage capacity for Air New Zealand Ltd across 24 annual periods. For the full cash flow conversion analysis, see AIZ cash flow metrics.
Annual Cash Flow-to-Debt Ratio for Air New Zealand Ltd (2001–2025)
Year-by-year debt coverage analysis for Air New Zealand Ltd. Check how high is Air New Zealand Ltd's earnings quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (AUD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.14x | AU$940.00 Million | AU$6.79 Billion | ▲ +11.8% |
| 2024 | 0.12x | AU$810.00 Million | AU$6.54 Billion | ▼ -52.4% |
| 2023 | 0.26x | AU$1.85 Billion | AU$7.12 Billion | ▲ +202.7% |
| 2022 | 0.09x | AU$574.00 Million | AU$6.67 Billion | ▲ +51.1% |
| 2021 | 0.06x | AU$318.00 Million | AU$5.59 Billion | ▲ +54.1% |
| 2020 | 0.04x | AU$230.00 Million | AU$6.22 Billion | ▼ -78.9% |
| 2019 | 0.18x | AU$986.00 Million | AU$5.63 Billion | ▼ -3.7% |
| 2018 | 0.18x | AU$1.03 Billion | AU$5.67 Billion | ▲ +4.3% |
| 2017 | 0.17x | AU$904.00 Million | AU$5.18 Billion | ▼ -16.5% |
| 2016 | 0.21x | AU$1.07 Billion | AU$5.14 Billion | ▼ -8.7% |
| 2015 | 0.23x | AU$1.10 Billion | AU$4.81 Billion | ▲ +24.6% |
| 2014 | 0.18x | AU$730.00 Million | AU$3.98 Billion | ▼ -7.1% |
| 2013 | 0.20x | AU$750.00 Million | AU$3.79 Billion | ▲ +57.9% |
| 2012 | 0.13x | AU$472.00 Million | AU$3.77 Billion | ▼ -8.7% |
| 2011 | 0.14x | AU$466.00 Million | AU$3.40 Billion | ▲ +24.5% |
| 2010 | 0.11x | AU$334.00 Million | AU$3.03 Billion | ▼ -22.0% |
| 2009 | 0.14x | AU$486.00 Million | AU$3.44 Billion | ▼ -34.5% |
| 2008 | 0.22x | AU$743.00 Million | AU$3.45 Billion | ▲ +108.2% |
| 2007 | 0.10x | AU$331.00 Million | AU$3.20 Billion | ▼ -30.1% |
| 2006 | 0.15x | AU$473.00 Million | AU$3.19 Billion | ▼ -13.5% |
| 2005 | 0.17x | AU$437.00 Million | AU$2.55 Billion | ▼ -4.5% |
| 2004 | 0.18x | AU$466.86 Million | AU$2.60 Billion | ▲ +860.7% |
| 2002 | 0.02x | AU$56.25 Million | AU$3.01 Billion | ▼ -3.1% |
| 2001 | 0.02x | AU$146.31 Million | AU$7.60 Billion | — |