Copa Holdings SA (CPA) — Cash Flow-to-Debt Ratio
Copa Holdings SA (CPA) has a Cash Flow-to-Debt Ratio of 0.10x as of December 2025, meaning its operating cash flow of $372.30 Million could theoretically repay 0% of its total liabilities ($3.81 Billion) in one year. See CPA FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Copa Holdings SA Cash Flow-to-Debt Ratio (2001–2025)
Historical debt coverage capacity for Copa Holdings SA across 25 annual periods. Also explore Copa Holdings SA (CPA) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Copa Holdings SA (2001–2025)
Year-by-year debt coverage analysis for Copa Holdings SA. For market capitalisation and broader financial context, see CPA stock market capitalisation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.30x | $1.12 Billion | $3.81 Billion | ▼ -0.2% |
| 2024 | 0.30x | $996.85 Million | $3.37 Billion | ▼ -12.9% |
| 2023 | 0.34x | $1.04 Billion | $3.07 Billion | ▲ +43.3% |
| 2022 | 0.24x | $758.54 Million | $3.20 Billion | ▲ +37.9% |
| 2021 | 0.17x | $507.29 Million | $2.95 Billion | ▲ +1218.8% |
| 2020 | -0.02x | $-39.52 Million | $2.57 Billion | ▼ -104.7% |
| 2019 | 0.32x | $782.98 Million | $2.41 Billion | ▲ +113.5% |
| 2018 | 0.15x | $341.53 Million | $2.25 Billion | ▼ -55.2% |
| 2017 | 0.34x | $727.33 Million | $2.14 Billion | ▲ +15.7% |
| 2016 | 0.29x | $586.59 Million | $2.00 Billion | ▲ +92.5% |
| 2015 | 0.15x | $329.93 Million | $2.16 Billion | ▼ -20.6% |
| 2014 | 0.19x | $383.56 Million | $2.00 Billion | ▼ -52.6% |
| 2013 | 0.40x | $830.26 Million | $2.05 Billion | ▲ +46.5% |
| 2012 | 0.28x | $538.03 Million | $1.95 Billion | ▼ -7.1% |
| 2011 | 0.30x | $498.29 Million | $1.68 Billion | ▲ +46.0% |
| 2010 | 0.20x | $292.80 Million | $1.44 Billion | ▼ -11.5% |
| 2009 | 0.23x | $282.44 Million | $1.23 Billion | ▲ +53.6% |
| 2008 | 0.15x | $198.10 Million | $1.32 Billion | ▼ -20.6% |
| 2007 | 0.19x | $221.94 Million | $1.18 Billion | ▼ -13.8% |
| 2006 | 0.22x | $193.47 Million | $883.35 Million | ▲ +23.4% |
| 2005 | 0.18x | $119.09 Million | $671.04 Million | ▼ -5.0% |
| 2004 | 0.19x | $98.63 Million | $527.89 Million | ▲ +21.1% |
| 2003 | 0.15x | $73.48 Million | $476.33 Million | ▼ -1.4% |
| 2002 | 0.16x | $55.54 Million | $354.84 Million | ▲ +20.3% |
| 2001 | 0.13x | $33.00 Million | $253.69 Million | — |