China Southern Airlines Company Limited (ZNHH) — Cash Flow-to-Debt Ratio
China Southern Airlines Company Limited (ZNHH) has a Cash Flow-to-Debt Ratio of 0.04x as of June 2023, meaning its operating cash flow of €10.97 Billion could theoretically repay 0% of its total liabilities (€252.31 Billion) in one year. See ZNHH free cash flow debt coverage 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
China Southern Airlines Company Limited Cash Flow-to-Debt Ratio (2013–2025)
Historical debt coverage capacity for China Southern Airlines Company Limited across 13 annual periods. For the full cash flow conversion analysis, see China Southern Airlines Company Limited operating cash flow efficiency.
Annual Cash Flow-to-Debt Ratio for China Southern Airlines Company Limited (2013–2025)
Year-by-year debt coverage analysis for China Southern Airlines Company Limited. Check ZNHH cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (EUR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.13x | €38.21 Billion | €294.80 Billion | ▲ +14.2% |
| 2024 | 0.11x | €31.45 Billion | €277.14 Billion | ▼ -27.3% |
| 2023 | 0.16x | €40.13 Billion | €257.23 Billion | ▲ +1056.7% |
| 2022 | 0.01x | €3.46 Billion | €256.89 Billion | ▼ -75.9% |
| 2021 | 0.06x | €13.37 Billion | €238.70 Billion | ▲ +49.3% |
| 2020 | 0.04x | €9.05 Billion | €241.25 Billion | ▼ -77.4% |
| 2019 | 0.17x | €38.12 Billion | €229.60 Billion | ▲ +42.8% |
| 2018 | 0.12x | €19.59 Billion | €168.48 Billion | ▼ -15.2% |
| 2017 | 0.14x | €21.40 Billion | €156.18 Billion | ▼ -24.5% |
| 2016 | 0.18x | €26.39 Billion | €145.47 Billion | ▼ -3.6% |
| 2015 | 0.19x | €25.72 Billion | €136.70 Billion | ▲ +81.0% |
| 2014 | 0.10x | €15.12 Billion | €145.42 Billion | ▲ +14.8% |
| 2013 | 0.09x | €11.13 Billion | €122.93 Billion | — |