Icelandair Group hf (ICEAIR) - Total Liabilities
Based on the latest financial reports, Icelandair Group hf (ICEAIR) has total liabilities worth Ikr1.77 Billion ISK (≈ $14.46 Million USD) as of June 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. Also explore Icelandair Group hf equity growth rate to track the company's year-over-year net asset growth rate.
Icelandair Group hf - Total Liabilities Trend (2005–2024)
This chart illustrates how Icelandair Group hf's total liabilities have evolved over time, based on quarterly financial data. See Icelandair Group hf (ICEAIR) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
Icelandair Group hf Competitors by Total Liabilities
The table below lists competitors of Icelandair Group hf ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Aju IB Investment Co. Ltd
KQ:027360
|
Korea | ₩75.93 Billion |
|
Sichuan Langsha Holding Ltd
SHG:600137
|
China | CN¥139.62 Million |
|
Provident Bancorp Inc
NASDAQ:PVBC
|
USA | $1.25 Billion |
|
Fittech Co Ltd
TW:6706
|
Taiwan | NT$3.37 Billion |
|
Lantronix Inc
NASDAQ:LTRX
|
USA | $45.55 Million |
|
Grupa Azoty Zaklady Azotowe Pulawy SA
WAR:ZAP
|
Poland | zł3.30 Billion |
|
Teixeira Duarte
LS:TDSA
|
Portugal | €1.25 Billion |
|
Kenmare Resources PLC
IR:KMR
|
Ireland | €189.04 Million |
Liability Composition Analysis (2005–2024)
This chart breaks down Icelandair Group hf'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 Icelandair Group hf market capitalisation.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.73 | 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 | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 6.30 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.86 | 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 Icelandair Group hf's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Icelandair Group hf (2005–2024)
The table below shows the annual total liabilities of Icelandair Group hf from 2005 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-12-31 | Ikr1.37 Billion ≈ $11.16 Million |
+10.45% |
| 2023-12-31 | Ikr1.24 Billion ≈ $10.10 Million |
+8.92% |
| 2022-12-31 | Ikr1.14 Billion ≈ $9.28 Million |
+19.87% |
| 2021-12-31 | Ikr949.17 Million ≈ $7.74 Million |
+18.44% |
| 2020-12-31 | Ikr801.43 Million ≈ $6.53 Million |
-32.88% |
| 2019-12-31 | Ikr1.19 Billion ≈ $9.74 Million |
+20.28% |
| 2018-12-31 | Ikr992.74 Million ≈ $8.09 Million |
+20.54% |
| 2017-12-31 | Ikr823.55 Million ≈ $6.71 Million |
+13.71% |
| 2016-12-31 | Ikr724.28 Million ≈ $5.90 Million |
+40.51% |
| 2015-12-31 | Ikr515.45 Million ≈ $4.20 Million |
+6.46% |
| 2014-12-31 | Ikr484.17 Million ≈ $3.95 Million |
-0.54% |
| 2013-12-31 | Ikr486.79 Million ≈ $3.97 Million |
+4.25% |
| 2012-12-31 | Ikr466.96 Million ≈ $3.81 Million |
-99.18% |
| 2011-12-31 | Ikr57.17 Billion ≈ $466.13 Million |
+2.40% |
| 2010-12-31 | Ikr55.84 Billion ≈ $455.21 Million |
-25.05% |
| 2009-12-31 | Ikr74.50 Billion ≈ $607.36 Million |
-5.40% |
| 2008-12-31 | Ikr78.75 Billion ≈ $642.02 Million |
+88.73% |
| 2007-12-31 | Ikr41.73 Billion ≈ $340.18 Million |
-7.12% |
| 2005-12-31 | Ikr44.92 Billion ≈ $366.25 Million |
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About Icelandair Group hf
Icelandair Group hf., together with its subsidiaries, operates in the airline industry in Iceland, North America, Europe, and internationally. It operates through Route Network, Cargo Operation, and Leasing Operations segments. The company offers passenger air travel; airfreight, cargo, and logistics services; and aircraft leasing and consulting services to international passenger airlines and to… Read more