Icelandair Group hf (ICEAIR) — Financial Flexibility Index
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 strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Icelandair Group hf Financial Flexibility Index (2007–2024)
Historical Financial Flexibility Index trend for Icelandair Group hf across 18 annual periods. See ICEAIR net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Icelandair Group hf (2007–2024)
Year-by-year free cash flow to debt coverage for Icelandair Group hf. For the full company profile including market capitalisation, see market value of Icelandair Group hf.
| 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 | — |