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 AIZ cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
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. Also explore how fast is Air New Zealand Ltd growing its equity to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Air New Zealand Ltd (2001–2025)
Year-by-year debt coverage analysis for Air New Zealand Ltd. For market capitalisation and broader financial context, see Air New Zealand Ltd market capitalisation.
| 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 | — |