Copenhagen Airports AS (KBHL) — Cash Flow-to-Debt Ratio
Copenhagen Airports AS (KBHL) has a Cash Flow-to-Debt Ratio of 0.02x as of March 2026, meaning its operating cash flow of Dkr188.00 Million could theoretically repay 0% of its total liabilities (Dkr11.99 Billion) in one year. See Copenhagen Airports AS (KBHL) flexibility index 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
Copenhagen Airports AS Cash Flow-to-Debt Ratio (2000–2025)
Historical debt coverage capacity for Copenhagen Airports AS across 26 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Copenhagen Airports AS.
Annual Cash Flow-to-Debt Ratio for Copenhagen Airports AS (2000–2025)
Year-by-year debt coverage analysis for Copenhagen Airports AS. Check earnings quality score of Copenhagen Airports AS to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (DKK) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.19x | Dkr2.31 Billion | Dkr11.96 Billion | ▲ +18.2% |
| 2024 | 0.16x | Dkr1.92 Billion | Dkr11.70 Billion | ▲ +45.3% |
| 2023 | 0.11x | Dkr1.36 Billion | Dkr12.08 Billion | ▲ +603.8% |
| 2022 | 0.02x | Dkr191.00 Million | Dkr11.93 Billion | ▲ +250.2% |
| 2021 | -0.01x | Dkr-129.70 Million | Dkr12.17 Billion | ▼ -167.6% |
| 2020 | 0.02x | Dkr183.10 Million | Dkr11.62 Billion | ▼ -90.3% |
| 2019 | 0.16x | Dkr1.77 Billion | Dkr10.89 Billion | ▼ -18.7% |
| 2018 | 0.20x | Dkr1.98 Billion | Dkr9.88 Billion | ▼ -16.8% |
| 2017 | 0.24x | Dkr2.03 Billion | Dkr8.44 Billion | ▲ +0.0% |
| 2016 | 0.24x | Dkr1.97 Billion | Dkr8.17 Billion | ▼ -0.1% |
| 2015 | 0.24x | Dkr1.85 Billion | Dkr7.68 Billion | ▼ -6.0% |
| 2014 | 0.26x | Dkr1.81 Billion | Dkr7.04 Billion | ▲ +23.4% |
| 2013 | 0.21x | Dkr1.38 Billion | Dkr6.66 Billion | ▼ -20.3% |
| 2012 | 0.26x | Dkr1.67 Billion | Dkr6.41 Billion | ▲ +207.3% |
| 2011 | 0.08x | Dkr511.90 Million | Dkr6.03 Billion | ▲ +0.1% |
| 2010 | 0.08x | Dkr491.90 Million | Dkr5.80 Billion | ▼ -2.1% |
| 2009 | 0.09x | Dkr471.10 Million | Dkr5.44 Billion | ▲ +7.5% |
| 2008 | 0.08x | Dkr392.80 Million | Dkr4.87 Billion | ▼ -11.0% |
| 2007 | 0.09x | Dkr354.50 Million | Dkr3.92 Billion | ▲ +28.3% |
| 2006 | 0.07x | Dkr326.20 Million | Dkr4.62 Billion | ▲ +1.4% |
| 2005 | 0.07x | Dkr357.80 Million | Dkr5.14 Billion | ▼ -25.3% |
| 2004 | 0.09x | Dkr476.20 Million | Dkr5.11 Billion | ▲ +6.9% |
| 2003 | 0.09x | Dkr468.71 Million | Dkr5.38 Billion | ▼ -2.6% |
| 2002 | 0.09x | Dkr472.89 Million | Dkr5.28 Billion | ▼ -46.6% |
| 2001 | 0.17x | Dkr862.93 Million | Dkr5.15 Billion | ▼ -32.4% |
| 2000 | 0.25x | Dkr944.58 Million | Dkr3.81 Billion | — |