TAV Havalimanlari Holding (TAVHL) — Financial Flexibility Index
TAV Havalimanlari Holding (TAVHL) has a Financial Flexibility Index of 0.05x as of June 2026. Free cash flow of TL183.54 Million (operating CF TL124.55 Million minus capex TL58.99 Million) represents 0% of total liabilities (TL3.45 Billion). Check TAVHL total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
TAV Havalimanlari Holding Financial Flexibility Index (2003–2025)
Historical Financial Flexibility Index trend for TAV Havalimanlari Holding across 23 annual periods. For the full cash flow conversion analysis, see TAVHL cash flow metrics.
Annual Financial Flexibility Index for TAV Havalimanlari Holding (2003–2025)
Year-by-year free cash flow to debt coverage for TAV Havalimanlari Holding. Explore TAVHL operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (TRY) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.16x | TL561.57 Million | TL347.49 Million | TL3.40 Billion | ▼ -6.5% |
| 2024 | 0.18x | TL571.45 Million | TL315.88 Million | TL3.24 Billion | ▲ +114.9% |
| 2023 | 0.08x | TL273.02 Million | TL58.60 Million | TL3.33 Billion | ▼ -39.3% |
| 2022 | 0.14x | TL413.09 Million | TL278.38 Million | TL3.05 Billion | ▲ +26.4% |
| 2021 | 0.11x | TL260.54 Million | TL238.11 Million | TL2.43 Billion | ▲ +595.3% |
| 2020 | 0.02x | TL40.34 Million | TL3.18 Million | TL2.62 Billion | ▼ -80.5% |
| 2019 | 0.08x | TL199.24 Million | TL132.27 Million | TL2.53 Billion | ▼ -60.0% |
| 2018 | 0.20x | TL474.71 Million | TL387.76 Million | TL2.41 Billion | ▲ +30.6% |
| 2017 | 0.15x | TL318.78 Million | TL278.55 Million | TL2.11 Billion | ▼ -46.8% |
| 2016 | 0.28x | TL650.51 Million | TL542.87 Million | TL2.29 Billion | ▼ -58.4% |
| 2015 | 0.68x | TL1.70 Billion | TL941.70 Million | TL2.49 Billion | ▲ +75.1% |
| 2014 | 0.39x | TL740.15 Million | TL526.16 Million | TL1.90 Billion | ▼ -16.2% |
| 2013 | 0.46x | TL760.02 Million | TL526.37 Million | TL1.64 Billion | ▲ +45.9% |
| 2012 | 0.32x | TL545.35 Million | TL414.04 Million | TL1.71 Billion | ▲ +4.9% |
| 2011 | 0.30x | TL461.22 Million | TL355.50 Million | TL1.52 Billion | ▲ +0.0% |
| 2010 | 0.30x | TL455.19 Million | TL336.29 Million | TL1.50 Billion | ▼ -12.1% |
| 2009 | 0.35x | TL521.76 Million | TL209.68 Million | TL1.51 Billion | ▲ +3.6% |
| 2008 | 0.33x | TL440.93 Million | TL226.32 Million | TL1.32 Billion | ▲ +170.5% |
| 2007 | 0.12x | TL140.74 Million | TL16.72 Million | TL1.14 Billion | ▲ +409.2% |
| 2006 | -0.04x | TL-40.77 Million | TL-70.24 Million | TL1.02 Billion | ▼ -3559.1% |
| 2005 | 0.00x | TL1.13 Million | TL-4.55 Million | TL982.39 Million | ▼ -99.9% |
| 2004 | 0.86x | TL127.56 Million | TL107.05 Million | TL147.79 Million | ▼ -23.4% |
| 2003 | 1.13x | TL142.56 Million | TL99.88 Million | TL126.59 Million | — |