Qantas Airways Ltd (QAN) - Total Liabilities

Latest as of December 2025: AU$22.55 Billion AUD ≈ $15.95 Billion USD

Based on the latest financial reports, Qantas Airways Ltd (QAN) has total liabilities worth AU$22.55 Billion AUD (≈ $15.95 Billion USD) as of December 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.

Qantas Airways Ltd - Total Liabilities Trend (1994–2025)

This chart illustrates how Qantas Airways Ltd's total liabilities have evolved over time, based on quarterly financial data. See QAN working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Qantas Airways Ltd Competitors by Total Liabilities

The table below lists competitors of Qantas Airways Ltd ranked by their total liabilities.

Company	Country	Total Liabilities
CSPC Pharmaceutical Group Limited F:CVG	Germany	€12.15 Billion
Eastroc Beverage Group Co Ltd SHG:605499	China	CN¥16.40 Billion
Banque Cantonale Vaudoise SW:BCVN	Switzerland	CHF57.64 Billion
Aegon NV AS:AGN	Netherlands	€301.25 Billion
Guangdong Fenghua Advanced Technology Holding Co Ltd SHE:000636	China	CN¥4.22 Billion
Fresenius Medical Care AG & Co. KGaA XETRA:FME	Germany	€17.26 Billion
CHINA RE.PO.HO.UNS.ADR/15 F:CRP0	Germany	€275.72 Billion
United Spirits Limited NSE:MCDOWELL-N	India	Rs50.76 Billion

Liability Composition Analysis (1994–2025)

This chart breaks down Qantas Airways Ltd's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see QAN stock market capitalisation.

Liquidity & Leverage Metrics

Key Metrics Explained

Metric	Value	Description
Current Ratio	0.32	Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities)
Quick Ratio	N/A	More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities)
Cash Ratio	0.07	Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities)
Debt to Equity	16.77	Measures financial leverage (Total Liabilities ÷ Shareholder Equity)
Debt to Assets	0.94	Portion of assets financed with debt (Total Liabilities ÷ Total Assets)

Liability Trends Comparison

This chart compares key liability metrics across different time periods, showing how Qantas Airways Ltd's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.

Annual Total Liabilities for Qantas Airways Ltd (1994–2025)

The table below shows the annual total liabilities of Qantas Airways Ltd from 1994 to 2025.

Year	Total Liabilities	Change
2025-06-30	AU$22.57 Billion ≈ $15.97 Billion	+11.36%
2024-06-30	AU$20.27 Billion ≈ $14.34 Billion	-0.36%
2023-06-30	AU$20.34 Billion ≈ $14.39 Billion	+2.52%
2022-06-30	AU$19.84 Billion ≈ $14.04 Billion	+14.28%
2021-06-30	AU$17.36 Billion ≈ $12.29 Billion	-6.14%
2020-06-30	AU$18.50 Billion ≈ $13.09 Billion	+5.59%
2019-06-30	AU$17.52 Billion ≈ $12.40 Billion	+19.26%
2018-06-30	AU$14.69 Billion ≈ $10.40 Billion	+7.39%
2017-06-30	AU$13.68 Billion ≈ $9.68 Billion	+1.76%
2016-06-30	AU$13.45 Billion ≈ $9.51 Billion	-4.53%
2015-06-30	AU$14.08 Billion ≈ $9.96 Billion	-2.55%
2014-06-30	AU$14.45 Billion ≈ $10.23 Billion	+1.83%
2013-06-30	AU$14.19 Billion ≈ $10.04 Billion	-7.18%
2012-06-30	AU$15.29 Billion ≈ $10.82 Billion	+3.96%
2011-06-30	AU$14.71 Billion ≈ $10.41 Billion	+5.59%
2010-06-30	AU$13.93 Billion ≈ $9.86 Billion	-2.49%
2009-06-30	AU$14.28 Billion ≈ $10.11 Billion	+2.28%
2008-06-30	AU$13.97 Billion ≈ $9.88 Billion	+4.13%
2007-06-30	AU$13.41 Billion ≈ $9.49 Billion	+2.35%
2006-06-30	AU$13.10 Billion ≈ $9.27 Billion	+11.91%
2005-06-30	AU$11.71 Billion ≈ $8.28 Billion	-0.22%
2004-06-30	AU$11.73 Billion ≈ $8.30 Billion	+0.19%
2003-06-30	AU$11.71 Billion ≈ $8.29 Billion	+11.03%
2002-06-30	AU$10.55 Billion ≈ $7.46 Billion	+14.68%
2001-06-30	AU$9.20 Billion ≈ $6.51 Billion	+0.60%
2000-06-30	AU$9.14 Billion ≈ $6.47 Billion	+11.95%
1999-06-30	AU$8.17 Billion ≈ $5.78 Billion	+10.41%
1998-06-30	AU$7.40 Billion ≈ $5.23 Billion	+2.15%
1997-06-30	AU$7.24 Billion ≈ $5.12 Billion	+6.72%
1996-06-30	AU$6.79 Billion ≈ $4.80 Billion	+2.02%
1995-06-30	AU$6.65 Billion ≈ $4.71 Billion	+10.01%
1994-06-30	AU$6.05 Billion ≈ $4.28 Billion	--

About Qantas Airways Ltd

AU:QAN Australia Airlines

Market Cap

$10.01 Billion

AU$14.15 Billion AUD

Market Cap Rank

#2234 Global

#45 in Australia

Share Price

AU$9.35

Change (1 day)

+3.77%

52-Week Range

AU$8.15 - AU$12.12

All Time High

AU$12.12