Qantas Airways Ltd (QAN) — Cash Flow-to-Debt Ratio

Latest as of December 2025: 0.07x

Qantas Airways Ltd (QAN) has a Cash Flow-to-Debt Ratio of 0.07x as of December 2025, meaning its operating cash flow of AU$1.69 Billion could theoretically repay 0% of its total liabilities (AU$22.55 Billion) in one year. Explore Qantas Airways Ltd (QAN) long-term investment share to see how much of total assets are deployed in long-term investments.

CF-to-Debt Ratio

0.07x
Operating CF / Total Liabilities

Operating Cash Flow

AU$1.69 Billion
AUD

Total Liabilities

AU$22.55 Billion
AUD

Data as of

Dec 2025
Most recent filing

Qantas Airways Ltd Cash Flow-to-Debt Ratio (1994–2025)

Historical debt coverage capacity for Qantas Airways Ltd across 31 annual periods. Also explore Qantas Airways Ltd balance sheet assets for the complete picture of this company's asset base.

Annual Cash Flow-to-Debt Ratio for Qantas Airways Ltd (1994–2025)

Year-by-year debt coverage analysis for Qantas Airways Ltd. For market capitalisation and broader financial context, see QAN stock market capitalisation.

Year CF-to-Debt Ratio Operating CF (AUD) Total Liabilities YoY Change
2025 0.19x AU$4.25 Billion AU$22.57 Billion ▲ +13.9%
2024 0.17x AU$3.35 Billion AU$20.27 Billion ▼ -33.4%
2023 0.25x AU$5.05 Billion AU$20.34 Billion ▲ +84.6%
2022 0.13x AU$2.67 Billion AU$19.84 Billion ▲ +674.1%
2021 -0.02x AU$-407.00 Million AU$17.36 Billion ▼ -140.0%
2020 0.06x AU$1.08 Billion AU$18.50 Billion ▼ -67.6%
2019 0.18x AU$3.16 Billion AU$17.52 Billion ▼ -22.3%
2018 0.23x AU$3.41 Billion AU$14.69 Billion ▲ +17.5%
2017 0.20x AU$2.70 Billion AU$13.68 Billion ▼ -5.7%
2016 0.21x AU$2.82 Billion AU$13.45 Billion ▲ +44.2%
2015 0.15x AU$2.05 Billion AU$14.08 Billion ▲ +96.6%
2014 0.07x AU$1.07 Billion AU$14.45 Billion ▼ -25.9%
2013 0.10x AU$1.42 Billion AU$14.19 Billion ▼ -15.7%
2012 0.12x AU$1.81 Billion AU$15.29 Billion ▲ +2.9%
2011 0.12x AU$1.69 Billion AU$14.71 Billion ▲ +22.6%
2010 0.09x AU$1.31 Billion AU$13.93 Billion ▲ +18.7%
2009 0.08x AU$1.13 Billion AU$14.28 Billion ▼ -48.1%
2008 0.15x AU$2.13 Billion AU$13.97 Billion ▼ -13.2%
2007 0.18x AU$2.35 Billion AU$13.41 Billion ▲ +13.5%
2006 0.15x AU$2.03 Billion AU$13.10 Billion ▼ -7.2%
2005 0.17x AU$1.95 Billion AU$11.71 Billion ▼ -2.3%
2004 0.17x AU$2.00 Billion AU$11.73 Billion ▲ +54.6%
2003 0.11x AU$1.29 Billion AU$11.71 Billion ▲ +1.7%
2002 0.11x AU$1.14 Billion AU$10.55 Billion ▼ -9.4%
2001 0.12x AU$1.10 Billion AU$9.20 Billion ▼ -31.6%
2000 0.17x AU$1.60 Billion AU$9.14 Billion ▲ +18.3%
1999 0.15x AU$1.21 Billion AU$8.17 Billion ▼ -10.2%
1998 0.16x AU$1.22 Billion AU$7.40 Billion ▲ +7.4%
1997 0.15x AU$1.11 Billion AU$7.24 Billion ▲ +19.5%
1995 0.13x AU$853.80 Million AU$6.65 Billion ▲ +6.5%
1994 0.12x AU$729.00 Million AU$6.05 Billion
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.