AirAsia X Bhd (5238) — Financial Flexibility Index

Latest as of March 2026: -0.01x

AirAsia X Bhd (5238) has a Financial Flexibility Index of -0.01x as of March 2026. Free cash flow of RM-366.17 Million (operating CF RM-397.43 Million minus capex RM31.26 Million) represents 0% of total liabilities (RM42.57 Billion). Explore AirAsia X Bhd (5238) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.

Financial Flexibility Index

-0.01x
Free Cash Flow / Total Liabilities

Free Cash Flow

RM-366.17 Million
Operating CF − Capex

Total Liabilities

RM42.57 Billion
MYR

Capital Expenditures

RM31.26 Million
MYR

AirAsia X Bhd Financial Flexibility Index (2012–2025)

Historical Financial Flexibility Index trend for AirAsia X Bhd across 13 annual periods. Check 5238 capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.

Annual Financial Flexibility Index for AirAsia X Bhd (2012–2025)

Year-by-year free cash flow to debt coverage for AirAsia X Bhd. For the full cash flow conversion analysis, see AirAsia X Bhd cash conversion from operations.

Year Flexibility Index Free Cash Flow (MYR) Operating CF Total Liabilities YoY Change
2025 0.10x RM293.40 Million RM262.55 Million RM2.94 Billion ▼ -26.5%
2024 0.14x RM393.32 Million RM369.48 Million RM2.90 Billion ▲ +1441.5%
2023 -0.01x RM-30.58 Million RM-45.83 Million RM3.02 Billion ▼ -137.0%
2022 0.03x RM74.93 Million RM73.58 Million RM2.74 Billion ▲ +3907.6%
2020 0.00x RM-25.49 Million RM-28.38 Million RM35.51 Billion ▼ -101.3%
2019 0.05x RM507.98 Million RM461.64 Million RM9.41 Billion ▲ +89.9%
2018 0.03x RM107.03 Million RM97.87 Million RM3.77 Billion ▼ -66.3%
2017 0.08x RM318.02 Million RM291.39 Million RM3.78 Billion ▼ -25.7%
2016 0.11x RM416.94 Million RM386.51 Million RM3.68 Billion ▲ +1571.9%
2015 0.01x RM24.09 Million RM-13.25 Million RM3.55 Billion ▼ -96.0%
2014 0.17x RM511.00 Million RM-53.00 Million RM3.03 Billion ▼ -68.4%
2013 0.53x RM1.48 Billion RM189.00 Million RM2.77 Billion ▲ +1872.5%
2012 0.03x RM50.00 Million RM-37.00 Million RM1.85 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities