Copenhagen Airports AS (KBHL) — Cash Flow-to-Debt Ratio
Copenhagen Airports AS (KBHL) has a Cash Flow-to-Debt Ratio of 0.06x as of December 2025, meaning its operating cash flow of Dkr669.00 Million could theoretically repay 0% of its total liabilities (Dkr11.96 Billion) in one year. See KBHL 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
Copenhagen Airports AS Cash Flow-to-Debt Ratio (2000–2025)
Historical debt coverage capacity for Copenhagen Airports AS across 26 annual periods. Also explore KBHL net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Copenhagen Airports AS (2000–2025)
Year-by-year debt coverage analysis for Copenhagen Airports AS. For market capitalisation and broader financial context, see KBHL stock market capitalisation.
| 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 | — |