China Southern Airlines Company Limited (ZNHH) — Financial Flexibility Index

Latest as of June 2023: 0.06x

China Southern Airlines Company Limited (ZNHH) has a Financial Flexibility Index of 0.06x as of June 2023. Free cash flow of €14.25 Billion (operating CF €10.97 Billion minus capex €3.28 Billion) represents 0% of total liabilities (€252.31 Billion). Check China Southern Airlines Company Limited cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.06x
Free Cash Flow / Total Liabilities

Free Cash Flow

€14.25 Billion
Operating CF − Capex

Total Liabilities

€252.31 Billion
EUR

Capital Expenditures

€3.28 Billion
EUR

China Southern Airlines Company Limited Financial Flexibility Index (2013–2025)

Historical Financial Flexibility Index trend for China Southern Airlines Company Limited across 13 annual periods. For the full cash flow conversion analysis, see how efficiently does China Southern Airlines Company Limited generate cash.

Annual Financial Flexibility Index for China Southern Airlines Company Limited (2013–2025)

Year-by-year free cash flow to debt coverage for China Southern Airlines Company Limited. Explore ZNHH operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2025 0.19x €55.98 Billion €38.21 Billion €294.80 Billion ▲ +10.6%
2024 0.17x €47.58 Billion €31.45 Billion €277.14 Billion ▼ -14.2%
2023 0.20x €51.50 Billion €40.13 Billion €257.23 Billion ▲ +239.3%
2022 0.06x €15.16 Billion €3.46 Billion €256.89 Billion ▼ -53.8%
2021 0.13x €30.51 Billion €13.37 Billion €238.70 Billion ▲ +53.3%
2020 0.08x €20.11 Billion €9.05 Billion €241.25 Billion ▼ -64.4%
2019 0.23x €53.74 Billion €38.12 Billion €229.60 Billion ▼ -9.6%
2018 0.26x €43.62 Billion €19.59 Billion €168.48 Billion ▲ +14.7%
2017 0.23x €35.25 Billion €21.40 Billion €156.18 Billion ▼ -27.6%
2016 0.31x €45.36 Billion €26.39 Billion €145.47 Billion ▲ +13.7%
2015 0.27x €37.48 Billion €25.72 Billion €136.70 Billion ▲ +70.8%
2014 0.16x €23.35 Billion €15.12 Billion €145.42 Billion ▼ -14.6%
2013 0.19x €23.11 Billion €11.13 Billion €122.93 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities