Air New Zealand Ltd Financial Flexibility Index
Air New Zealand Ltd financial flexibility index. Air New Zealand Ltd (AIZ) has a Financial Flexibility Index of 0.12x as of December 2025. Free cash flow of AU$906.15 Million (operating CF AU$213.04 Million minus capex AU$693.12 Million) represents 0% of total liabilities (AU$7.31 Billion). See cash generation quality of Air New Zealand Ltd to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Air New Zealand Ltd (2001–2025)
Financial flexibility index of Air New Zealand Ltd from 2001 to 2025. Historical Financial Flexibility Index trend for Air New Zealand Ltd across 24 annual periods. Check AIZ operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Air New Zealand Ltd Financial Flexibility Index by Year (2001–2025)
Air New Zealand Ltd financial flexibility index by year from 2001 to 2025. Year-by-year free cash flow to debt coverage for Air New Zealand Ltd. For the full cash flow conversion analysis, see Air New Zealand Ltd cash conversion from operations.
| Year | Flexibility Index | Free Cash Flow (AUD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.25x | AU$1.72 Billion | AU$940.00 Million | AU$6.79 Billion | ▲ +3.5% |
| 2024 | 0.24x | AU$1.60 Billion | AU$810.00 Million | AU$6.54 Billion | ▼ -29.0% |
| 2023 | 0.34x | AU$2.46 Billion | AU$1.85 Billion | AU$7.12 Billion | ▲ +145.2% |
| 2022 | 0.14x | AU$939.00 Million | AU$574.00 Million | AU$6.67 Billion | ▲ +44.5% |
| 2021 | 0.10x | AU$544.00 Million | AU$318.00 Million | AU$5.59 Billion | ▼ -28.3% |
| 2020 | 0.14x | AU$845.00 Million | AU$230.00 Million | AU$6.22 Billion | ▼ -57.7% |
| 2019 | 0.32x | AU$1.81 Billion | AU$986.00 Million | AU$5.63 Billion | ▼ -1.1% |
| 2018 | 0.32x | AU$1.84 Billion | AU$1.03 Billion | AU$5.67 Billion | ▼ -4.2% |
| 2017 | 0.34x | AU$1.76 Billion | AU$904.00 Million | AU$5.18 Billion | ▼ -15.9% |
| 2016 | 0.40x | AU$2.07 Billion | AU$1.07 Billion | AU$5.14 Billion | ▼ -12.6% |
| 2015 | 0.46x | AU$2.22 Billion | AU$1.10 Billion | AU$4.81 Billion | ▲ +33.5% |
| 2014 | 0.35x | AU$1.37 Billion | AU$730.00 Million | AU$3.98 Billion | ▲ +15.8% |
| 2013 | 0.30x | AU$1.13 Billion | AU$750.00 Million | AU$3.79 Billion | ▲ +2.7% |
| 2012 | 0.29x | AU$1.09 Billion | AU$472.00 Million | AU$3.77 Billion | ▼ -21.9% |
| 2011 | 0.37x | AU$1.26 Billion | AU$466.00 Million | AU$3.40 Billion | ▲ +46.9% |
| 2010 | 0.25x | AU$767.00 Million | AU$334.00 Million | AU$3.03 Billion | ▲ +8.3% |
| 2009 | 0.23x | AU$804.00 Million | AU$486.00 Million | AU$3.44 Billion | ▼ -21.6% |
| 2008 | 0.30x | AU$1.03 Billion | AU$743.00 Million | AU$3.45 Billion | ▲ +7.4% |
| 2007 | 0.28x | AU$887.00 Million | AU$331.00 Million | AU$3.20 Billion | ▼ -28.4% |
| 2006 | 0.39x | AU$1.24 Billion | AU$473.00 Million | AU$3.19 Billion | ▲ +6.9% |
| 2005 | 0.36x | AU$925.00 Million | AU$437.00 Million | AU$2.55 Billion | ▲ +46.9% |
| 2004 | 0.25x | AU$642.57 Million | AU$466.86 Million | AU$2.60 Billion | ▲ +342.8% |
| 2002 | 0.06x | AU$167.95 Million | AU$56.25 Million | AU$3.01 Billion | ▼ -33.0% |
| 2001 | 0.08x | AU$632.08 Million | AU$146.31 Million | AU$7.60 Billion | — |