International Consolidated Airlines Group S.A Cash Flow-to-Debt Ratio
International Consolidated Airlines Group S.A cash flow-to-debt ratio. International Consolidated Airlines Group S.A (IAG) has a Cash Flow-to-Debt Ratio of 0.11x as of June 2026, meaning its operating cash flow of €4.22 Billion could theoretically repay 0% of its total liabilities (€37.48 Billion) in one year. Check International Consolidated Airlines Grou total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of International Consolidated Airlines Group S.A (2003–2025)
Cash flow-to-debt ratio of International Consolidated Airlines Group S.A from 2003 to 2025. Historical debt coverage capacity for International Consolidated Airlines Group S.A across 22 annual periods. Check IAG operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
International Consolidated Airlines Group S.A Cash Flow-to-Debt Ratio by Year (2003–2025)
International Consolidated Airlines Group S.A cash flow-to-debt ratio by year from 2003 to 2025. Year-by-year debt coverage analysis for International Consolidated Airlines Group S.A. For the full cash flow conversion analysis, see how efficiently does International Consolidated Airlines Grou generate cash.
| Year | CF-to-Debt Ratio | Operating CF (EUR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.18x | €6.47 Billion | €35.31 Billion | ▲ +8.2% |
| 2024 | 0.17x | €6.37 Billion | €37.63 Billion | ▲ +19.8% |
| 2023 | 0.14x | €4.86 Billion | €34.40 Billion | ▲ +9.0% |
| 2022 | 0.13x | €4.83 Billion | €37.28 Billion | ▲ +3186.8% |
| 2021 | 0.00x | €-141.00 Million | €33.56 Billion | ▲ +96.3% |
| 2020 | -0.11x | €-3.30 Billion | €28.95 Billion | ▼ -182.0% |
| 2019 | 0.14x | €4.00 Billion | €28.83 Billion | ▼ -8.6% |
| 2018 | 0.15x | €3.24 Billion | €21.31 Billion | ▼ -14.1% |
| 2017 | 0.18x | €3.51 Billion | €19.86 Billion | ▲ +45.1% |
| 2016 | 0.12x | €2.65 Billion | €21.71 Billion | ▲ +40.5% |
| 2015 | 0.09x | €1.97 Billion | €22.70 Billion | ▼ -7.5% |
| 2014 | 0.09x | €1.86 Billion | €19.86 Billion | ▲ +27.5% |
| 2013 | 0.07x | €1.22 Billion | €16.56 Billion | ▲ +220.7% |
| 2012 | 0.02x | €339.00 Million | €14.78 Billion | ▼ -58.1% |
| 2011 | 0.05x | €770.00 Million | €14.07 Billion | ▼ -41.1% |
| 2010 | 0.09x | €936.00 Million | €10.07 Billion | ▲ +215.1% |
| 2008 | 0.03x | €275.29 Million | €9.33 Billion | ▼ -44.0% |
| 2007 | 0.05x | €530.57 Million | €10.07 Billion | ▼ -45.7% |
| 2006 | 0.10x | €1.28 Billion | €13.22 Billion | ▼ -31.9% |
| 2005 | 0.14x | €2.06 Billion | €14.48 Billion | ▲ +32.3% |
| 2004 | 0.11x | €1.61 Billion | €14.94 Billion | ▲ +13.7% |
| 2003 | 0.09x | €1.37 Billion | €14.51 Billion | — |