Air France-KLM SA (AF) — Cash Flow-to-Debt Ratio
Air France-KLM SA (AF) has a Cash Flow-to-Debt Ratio of 0.04x as of March 2026, meaning its operating cash flow of €1.52 Billion could theoretically repay 0% of its total liabilities (€41.04 Billion) in one year. See Air France-KLM SA (AF) 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
Air France-KLM SA Cash Flow-to-Debt Ratio (2002–2025)
Historical debt coverage capacity for Air France-KLM SA across 24 annual periods. Also explore how fast is Air France-KLM SA growing its equity to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Air France-KLM SA (2002–2025)
Year-by-year debt coverage analysis for Air France-KLM SA. For market capitalisation and broader financial context, see AF stock market capitalisation.
| Year | CF-to-Debt Ratio | Operating CF (EUR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.12x | €4.56 Billion | €38.36 Billion | ▲ +20.3% |
| 2024 | 0.10x | €3.50 Billion | €35.36 Billion | ▲ +11.0% |
| 2023 | 0.09x | €3.12 Billion | €35.07 Billion | ▼ -36.2% |
| 2022 | 0.14x | €4.86 Billion | €34.78 Billion | ▲ +214.0% |
| 2021 | 0.04x | €1.53 Billion | €34.50 Billion | ▲ +156.1% |
| 2020 | -0.08x | €-2.83 Billion | €35.63 Billion | ▼ -157.9% |
| 2019 | 0.14x | €3.90 Billion | €28.44 Billion | ▲ +0.3% |
| 2018 | 0.14x | €3.71 Billion | €27.19 Billion | ▲ +0.8% |
| 2017 | 0.14x | €2.90 Billion | €21.39 Billion | ▲ +30.9% |
| 2016 | 0.10x | €2.24 Billion | €21.64 Billion | ▲ +25.6% |
| 2015 | 0.08x | €1.90 Billion | €23.06 Billion | ▲ +94.3% |
| 2014 | 0.04x | €1.01 Billion | €23.86 Billion | ▼ -33.7% |
| 2013 | 0.06x | €1.48 Billion | €23.13 Billion | ▲ +69.0% |
| 2012 | 0.04x | €851.00 Million | €22.49 Billion | ▼ -14.0% |
| 2011 | 0.04x | €934.00 Million | €21.22 Billion | ▼ -28.1% |
| 2010 | 0.06x | €1.35 Billion | €22.06 Billion | ▲ +271.4% |
| 2009 | -0.04x | €-798.00 Million | €22.36 Billion | ▼ -203.3% |
| 2008 | 0.03x | €798.00 Million | €23.10 Billion | ▼ -73.3% |
| 2007 | 0.13x | €2.59 Billion | €20.08 Billion | ▼ -17.2% |
| 2006 | 0.16x | €2.85 Billion | €18.26 Billion | ▲ +9.5% |
| 2005 | 0.14x | €2.66 Billion | €18.63 Billion | ▲ +18.8% |
| 2004 | 0.12x | €1.96 Billion | €16.28 Billion | ▼ -11.3% |
| 2003 | 0.14x | €1.20 Billion | €8.87 Billion | ▲ +4.1% |
| 2002 | 0.13x | €1.11 Billion | €8.57 Billion | — |