Alaska Air Group Inc (ALK) — Cash Flow-to-Debt Ratio
Alaska Air Group Inc (ALK) has a Cash Flow-to-Debt Ratio of 0.03x as of March 2026, meaning its operating cash flow of $421.00 Million could theoretically repay 0% of its total liabilities ($16.57 Billion) in one year. See ALK 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
Alaska Air Group Inc Cash Flow-to-Debt Ratio (1989–2025)
Historical debt coverage capacity for Alaska Air Group Inc across 37 annual periods. For the full cash flow conversion analysis, see ALK operating cash flow.
Annual Cash Flow-to-Debt Ratio for Alaska Air Group Inc (1989–2025)
Year-by-year debt coverage analysis for Alaska Air Group Inc. Check ALK cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.08x | $1.25 Billion | $16.24 Billion | ▼ -19.1% |
| 2024 | 0.10x | $1.46 Billion | $15.40 Billion | ▲ +6.1% |
| 2023 | 0.09x | $1.05 Billion | $11.72 Billion | ▼ -27.2% |
| 2022 | 0.12x | $1.42 Billion | $11.53 Billion | ▲ +33.3% |
| 2021 | 0.09x | $1.03 Billion | $11.16 Billion | ▲ +536.0% |
| 2020 | -0.02x | $-234.00 Million | $11.06 Billion | ▼ -111.9% |
| 2019 | 0.18x | $1.72 Billion | $9.67 Billion | ▲ +6.7% |
| 2018 | 0.17x | $1.20 Billion | $7.16 Billion | ▼ -23.5% |
| 2017 | 0.22x | $1.59 Billion | $7.29 Billion | ▲ +10.9% |
| 2016 | 0.20x | $1.39 Billion | $7.05 Billion | ▼ -48.8% |
| 2015 | 0.38x | $1.58 Billion | $4.12 Billion | ▲ +51.2% |
| 2014 | 0.25x | $1.03 Billion | $4.05 Billion | ▼ -1.4% |
| 2013 | 0.26x | $981.00 Million | $3.81 Billion | ▲ +39.7% |
| 2012 | 0.18x | $753.00 Million | $4.08 Billion | ▲ +6.7% |
| 2011 | 0.17x | $696.00 Million | $4.03 Billion | ▲ +22.1% |
| 2010 | 0.14x | $553.70 Million | $3.91 Billion | ▲ +90.7% |
| 2009 | 0.07x | $305.30 Million | $4.11 Billion | ▲ +88.6% |
| 2008 | 0.04x | $164.30 Million | $4.17 Billion | ▼ -71.7% |
| 2007 | 0.14x | $482.00 Million | $3.47 Billion | ▼ -1.4% |
| 2006 | 0.14x | $449.80 Million | $3.19 Billion | ▲ +53.7% |
| 2005 | 0.09x | $271.90 Million | $2.96 Billion | ▼ -26.7% |
| 2004 | 0.13x | $334.00 Million | $2.67 Billion | ▼ -9.0% |
| 2003 | 0.14x | $355.20 Million | $2.58 Billion | ▲ +145.6% |
| 2002 | 0.06x | $124.50 Million | $2.23 Billion | ▼ -57.5% |
| 2001 | 0.13x | $278.30 Million | $2.11 Billion | ▼ -12.2% |
| 2000 | 0.15x | $265.00 Million | $1.77 Billion | ▼ -43.3% |
| 1999 | 0.26x | $330.10 Million | $1.25 Billion | ▼ -19.7% |
| 1998 | 0.33x | $310.20 Million | $942.30 Million | ▲ +69.7% |
| 1997 | 0.19x | $205.20 Million | $1.06 Billion | ▼ -9.6% |
| 1996 | 0.21x | $222.90 Million | $1.04 Billion | ▲ +88.2% |
| 1995 | 0.11x | $125.50 Million | $1.10 Billion | ▼ -11.1% |
| 1994 | 0.13x | $144.13 Million | $1.12 Billion | ▲ +155.9% |
| 1993 | 0.05x | $48.50 Million | $968.20 Million | ▲ +135.7% |
| 1992 | 0.02x | $20.20 Million | $950.50 Million | ▼ -77.7% |
| 1991 | 0.10x | $82.50 Million | $866.30 Million | ▼ -37.2% |
| 1990 | 0.15x | $103.20 Million | $680.90 Million | ▼ -25.0% |
| 1989 | 0.20x | $107.60 Million | $532.20 Million | — |