Icelandair Group hf (ICEAIR) — Cash Flow-to-Debt Ratio
Icelandair Group hf (ICEAIR) has a Cash Flow-to-Debt Ratio of 0.07x as of June 2025, meaning its operating cash flow of Ikr118.02 Million could theoretically repay 0% of its total liabilities (Ikr1.77 Billion) in one year. See ICEAIR 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
Icelandair Group hf Cash Flow-to-Debt Ratio (2007–2024)
Historical debt coverage capacity for Icelandair Group hf across 18 annual periods. For the full cash flow conversion analysis, see Icelandair Group hf cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Icelandair Group hf (2007–2024)
Year-by-year debt coverage analysis for Icelandair Group hf. Check Icelandair Group hf cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (ISK) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.16x | Ikr221.16 Million | Ikr1.37 Billion | ▼ -6.9% |
| 2023 | 0.17x | Ikr215.12 Million | Ikr1.24 Billion | ▲ +3.6% |
| 2022 | 0.17x | Ikr190.62 Million | Ikr1.14 Billion | ▲ +214.2% |
| 2021 | 0.05x | Ikr50.61 Million | Ikr949.17 Million | ▲ +122.1% |
| 2020 | -0.24x | Ikr-193.22 Million | Ikr801.43 Million | ▼ -340.2% |
| 2019 | 0.10x | Ikr119.88 Million | Ikr1.19 Billion | ▲ +61.9% |
| 2018 | 0.06x | Ikr61.55 Million | Ikr992.74 Million | ▼ -75.2% |
| 2017 | 0.25x | Ikr205.60 Million | Ikr823.55 Million | ▼ -13.5% |
| 2016 | 0.29x | Ikr209.02 Million | Ikr724.28 Million | ▼ -39.3% |
| 2015 | 0.48x | Ikr245.14 Million | Ikr515.45 Million | ▲ +6.9% |
| 2014 | 0.44x | Ikr215.31 Million | Ikr484.17 Million | ▼ -6.2% |
| 2013 | 0.47x | Ikr230.87 Million | Ikr486.79 Million | ▲ +32.8% |
| 2012 | 0.36x | Ikr166.74 Million | Ikr466.96 Million | ▲ +41.9% |
| 2011 | 0.25x | Ikr14.39 Billion | Ikr57.17 Billion | ▼ -2.0% |
| 2010 | 0.26x | Ikr14.33 Billion | Ikr55.84 Billion | ▲ +117.7% |
| 2009 | 0.12x | Ikr8.78 Billion | Ikr74.50 Billion | ▲ +215.9% |
| 2008 | 0.04x | Ikr2.94 Billion | Ikr78.75 Billion | ▼ -60.0% |
| 2007 | 0.09x | Ikr3.89 Billion | Ikr41.73 Billion | — |