Qantas Airways Ltd Cash Flow-to-Debt Ratio
Qantas Airways Ltd cash flow-to-debt ratio. 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. Check QAN cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Qantas Airways Ltd (1994–2025)
Cash flow-to-debt ratio of Qantas Airways Ltd from 1994 to 2025. Historical debt coverage capacity for Qantas Airways Ltd across 31 annual periods. Check Qantas Airways Ltd total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Qantas Airways Ltd Cash Flow-to-Debt Ratio by Year (1994–2025)
Qantas Airways Ltd cash flow-to-debt ratio by year from 1994 to 2025. Year-by-year debt coverage analysis for Qantas Airways Ltd. For the full cash flow conversion analysis, see cash efficiency ratio of Qantas Airways Ltd.
| 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 | — |