TAV Havalimanlari Holding (TAVHL) — Cash Flow-to-Debt Ratio
TAV Havalimanlari Holding (TAVHL) has a Cash Flow-to-Debt Ratio of 0.04x as of June 2026, meaning its operating cash flow of TL124.55 Million could theoretically repay 0% of its total liabilities (TL3.45 Billion) in one year. See TAV Havalimanlari Holding (TAVHL) 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
TAV Havalimanlari Holding Cash Flow-to-Debt Ratio (2003–2025)
Historical debt coverage capacity for TAV Havalimanlari Holding across 23 annual periods. For the full cash flow conversion analysis, see TAVHL operating cash flow.
Annual Cash Flow-to-Debt Ratio for TAV Havalimanlari Holding (2003–2025)
Year-by-year debt coverage analysis for TAV Havalimanlari Holding. Check TAV Havalimanlari Holding cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (TRY) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.10x | TL347.49 Million | TL3.40 Billion | ▲ +4.7% |
| 2024 | 0.10x | TL315.88 Million | TL3.24 Billion | ▲ +453.4% |
| 2023 | 0.02x | TL58.60 Million | TL3.33 Billion | ▼ -80.7% |
| 2022 | 0.09x | TL278.38 Million | TL3.05 Billion | ▼ -6.8% |
| 2021 | 0.10x | TL238.11 Million | TL2.43 Billion | ▲ +7951.0% |
| 2020 | 0.00x | TL3.18 Million | TL2.62 Billion | ▼ -97.7% |
| 2019 | 0.05x | TL132.27 Million | TL2.53 Billion | ▼ -67.5% |
| 2018 | 0.16x | TL387.76 Million | TL2.41 Billion | ▲ +22.1% |
| 2017 | 0.13x | TL278.55 Million | TL2.11 Billion | ▼ -44.3% |
| 2016 | 0.24x | TL542.87 Million | TL2.29 Billion | ▼ -37.4% |
| 2015 | 0.38x | TL941.70 Million | TL2.49 Billion | ▲ +36.5% |
| 2014 | 0.28x | TL526.16 Million | TL1.90 Billion | ▼ -14.0% |
| 2013 | 0.32x | TL526.37 Million | TL1.64 Billion | ▲ +33.1% |
| 2012 | 0.24x | TL414.04 Million | TL1.71 Billion | ▲ +3.3% |
| 2011 | 0.23x | TL355.50 Million | TL1.52 Billion | ▲ +4.3% |
| 2010 | 0.22x | TL336.29 Million | TL1.50 Billion | ▲ +61.6% |
| 2009 | 0.14x | TL209.68 Million | TL1.51 Billion | ▼ -18.9% |
| 2008 | 0.17x | TL226.32 Million | TL1.32 Billion | ▲ +1068.7% |
| 2007 | 0.01x | TL16.72 Million | TL1.14 Billion | ▲ +121.3% |
| 2006 | -0.07x | TL-70.24 Million | TL1.02 Billion | ▼ -1381.6% |
| 2005 | 0.00x | TL-4.55 Million | TL982.39 Million | ▼ -100.6% |
| 2004 | 0.72x | TL107.05 Million | TL147.79 Million | ▼ -8.2% |
| 2003 | 0.79x | TL99.88 Million | TL126.59 Million | — |