Icelandair Group hf (ICEAIR) — Financial Flexibility Index

Latest as of June 2025: 0.08x

Icelandair Group hf (ICEAIR) has a Financial Flexibility Index of 0.08x as of June 2025. Free cash flow of Ikr137.74 Million (operating CF Ikr118.02 Million minus capex Ikr19.72 Million) represents 0% of total liabilities (Ikr1.77 Billion). Check ICEAIR capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.08x
Free Cash Flow / Total Liabilities

Free Cash Flow

Ikr137.74 Million
Operating CF − Capex

Total Liabilities

Ikr1.77 Billion
ISK

Capital Expenditures

Ikr19.72 Million
ISK

Icelandair Group hf Financial Flexibility Index (2007–2024)

Historical Financial Flexibility Index trend for Icelandair Group hf across 18 annual periods. For the full cash flow conversion analysis, see Icelandair Group hf cash conversion from operations.

Annual Financial Flexibility Index for Icelandair Group hf (2007–2024)

Year-by-year free cash flow to debt coverage for Icelandair Group hf. Explore debt repayment capacity of Icelandair Group hf to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (ISK) Operating CF Total Liabilities YoY Change
2024 0.24x Ikr333.21 Million Ikr221.16 Million Ikr1.37 Billion ▼ -13.7%
2023 0.28x Ikr349.60 Million Ikr215.12 Million Ikr1.24 Billion ▼ -36.1%
2022 0.44x Ikr502.60 Million Ikr190.62 Million Ikr1.14 Billion ▲ +90.0%
2021 0.23x Ikr220.71 Million Ikr50.61 Million Ikr949.17 Million ▲ +223.1%
2020 -0.19x Ikr-151.43 Million Ikr-193.22 Million Ikr801.43 Million ▼ -160.4%
2019 0.31x Ikr373.32 Million Ikr119.88 Million Ikr1.19 Billion ▼ -4.6%
2018 0.33x Ikr325.45 Million Ikr61.55 Million Ikr992.74 Million ▼ -23.9%
2017 0.43x Ikr354.82 Million Ikr205.60 Million Ikr823.55 Million ▼ -29.4%
2016 0.61x Ikr441.74 Million Ikr209.02 Million Ikr724.28 Million ▼ -26.5%
2015 0.83x Ikr427.71 Million Ikr245.14 Million Ikr515.45 Million ▲ +32.5%
2014 0.63x Ikr303.21 Million Ikr215.31 Million Ikr484.17 Million ▼ -4.1%
2013 0.65x Ikr317.79 Million Ikr230.87 Million Ikr486.79 Million ▲ +33.0%
2012 0.49x Ikr229.27 Million Ikr166.74 Million Ikr466.96 Million ▲ +24.7%
2011 0.39x Ikr22.50 Billion Ikr14.39 Billion Ikr57.17 Billion ▲ +32.7%
2010 0.30x Ikr16.56 Billion Ikr14.33 Billion Ikr55.84 Billion ▲ +99.6%
2009 0.15x Ikr11.07 Billion Ikr8.78 Billion Ikr74.50 Billion ▲ +30.4%
2008 0.11x Ikr8.97 Billion Ikr2.94 Billion Ikr78.75 Billion ▼ -58.5%
2007 0.27x Ikr11.46 Billion Ikr3.89 Billion Ikr41.73 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities