Spring Airlines Co Ltd (601021) — Cash Flow-to-Debt Ratio

Latest as of September 2025: 0.09x

Spring Airlines Co Ltd (601021) has a Cash Flow-to-Debt Ratio of 0.09x as of September 2025, meaning its operating cash flow of CN¥2.64 Billion could theoretically repay 0% of its total liabilities (CN¥28.35 Billion) in one year. See Spring Airlines Co Ltd (601021) financial flexibility to measure the company's free cash flow as a share of total liabilities.

CF-to-Debt Ratio

0.09x
Operating CF / Total Liabilities

Operating Cash Flow

CN¥2.64 Billion
CNY

Total Liabilities

CN¥28.35 Billion
CNY

Data as of

Sep 2025
Most recent filing

Spring Airlines Co Ltd Cash Flow-to-Debt Ratio (2011–2025)

Historical debt coverage capacity for Spring Airlines Co Ltd across 15 annual periods. For the full cash flow conversion analysis, see Spring Airlines Co Ltd (601021) cash conversion ratio.

Annual Cash Flow-to-Debt Ratio for Spring Airlines Co Ltd (2011–2025)

Year-by-year debt coverage analysis for Spring Airlines Co Ltd. Check Spring Airlines Co Ltd earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.

Year CF-to-Debt Ratio Operating CF (CNY) Total Liabilities YoY Change
2025 0.23x CN¥6.62 Billion CN¥28.71 Billion ▲ +3.5%
2024 0.22x CN¥5.89 Billion CN¥26.45 Billion ▼ -5.2%
2023 0.23x CN¥6.69 Billion CN¥28.49 Billion ▲ +1492.6%
2022 0.01x CN¥438.62 Million CN¥29.73 Billion ▼ -78.5%
2021 0.07x CN¥1.68 Billion CN¥24.57 Billion ▲ +51.4%
2020 0.05x CN¥825.76 Million CN¥18.25 Billion ▼ -81.1%
2019 0.24x CN¥3.44 Billion CN¥14.33 Billion ▲ +9.8%
2018 0.22x CN¥2.90 Billion CN¥13.25 Billion ▲ +15.3%
2017 0.19x CN¥2.30 Billion CN¥12.14 Billion ▲ +14.6%
2016 0.17x CN¥2.04 Billion CN¥12.32 Billion ▼ -2.5%
2015 0.17x CN¥1.61 Billion CN¥9.49 Billion ▲ +21.5%
2014 0.14x CN¥1.08 Billion CN¥7.71 Billion ▼ -55.4%
2013 0.31x CN¥1.54 Billion CN¥4.91 Billion ▲ +74.5%
2012 0.18x CN¥884.01 Million CN¥4.93 Billion ▼ -12.8%
2011 0.21x CN¥697.86 Million CN¥3.39 Billion —
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.