AFRAF (Air France-KLM) Current Ratio: 0.72 (As of Mar. 2026) — Near Median


AFRAF Air France-KLM AFRAF
69 GF Score
Price $13.38
GF Value $11.67
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Air France-KLM Current Ratio?

Air France-KLM AFRAF 69 Current Ratio is 0.72 as of Mar. 2026, which is 6% above its 10-year median of 0.68. GuruFocus rates AFRAF with a GF Score™ of 69/100 and a GF Value™ of $11.67 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 1,010 Transportation companies, Air France-KLM ranks worse than 84.16% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Air France-KLM's current ratio for the quarter that ended in Mar. 2026 was 0.72.

Air France-KLM has a current ratio of 0.72. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Air France-KLM has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Air France-KLM's Current Ratio or its related term are showing as below:

AFRAF' s Current Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.68   Max: 1.02
Current: 0.72

During the past 13 years, Air France-KLM's highest Current Ratio was 1.02. The lowest was 0.58. And the median was 0.68.

AFRAF's Current Ratio is ranked worse than
84.16% of 1010 companies
in the Transportation industry
Industry Median: 1.47 vs AFRAF: 0.72

Air France-KLM  (OTCPK:AFRAF) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Air France-KLM Current Ratio Related Terms


Air France-KLM Current Ratio Historical Data

* Premium members only.

The historical data trend for Air France-KLM's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Air France-KLM Current Ratio Chart

Air France-KLM Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.82 0.74 0.65 0.62

Air France-KLM Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.61 0.60 0.65 0.62 0.72

AFRAF vs DAL, UAL, LUV: Current Ratio Comparison

For the Airlines subindustry, Air France-KLM's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Air France-KLM Current Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Air France-KLM's Current Ratio distribution charts can be found below:

* The bar in red indicates where Air France-KLM's Current Ratio falls into.


AFRAF
69GF Score
Air France-KLM AFRAF
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Air France-KLM Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Air France-KLM's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=12367.681/20038.642
=0.62

Air France-KLM's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=16036.994/22412.717
=0.72

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.72 mean?
Air France-KLM (AFRAF) has a Current Ratio of 0.72 as of Mar. 2026. This is near median its historical median of 0.68. Over the past decade, Air France-KLM's Current Ratio has ranged from 0.58 to 1.02. According to the industry distribution chart, Air France-KLM ranks #850 out of 1010 companies in the Transportation industry, placing it in the top 84.2%.
Is Air France-KLM's Current Ratio too high?
Air France-KLM's current Current Ratio of 0.72 is near median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 1.02. The Transportation industry median Current Ratio is 1.47. Air France-KLM's value of 0.72 is 51% below this industry median. Based on the distribution chart, Air France-KLM ranks #850 out of 1010 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Air France-KLM has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Air France-KLM's Current Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Air France-KLM ranks #850 out of 1010 companies for Current Ratio. This places Air France-KLM in the lower half of its industry. The industry median Current Ratio is 1.47. Air France-KLM's value of 0.72 is 51% below this benchmark. Historically, Air France-KLM's own Current Ratio has ranged from 0.58 to 1.02 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 1.47, Air France-KLM has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Transportation company?
The median Current Ratio among Transportation companies is 1.47, based on 1,010 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air France-KLM's current Current Ratio of 0.72 is 51% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Transportation industry, the median Current Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air France-KLM's current Current Ratio is 0.72, which is near median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air France-KLM stock overvalued right now?
Based on GuruFocus' analysis, Air France-KLM (AFRAF) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.67, compared to a current price of $13.38 — trading 14.7% above its estimated fair value. The current Current Ratio is 0.72, which is near median its 10-year median of 0.68 and 51% below the Transportation industry median of 1.47. Air France-KLM's overall GF Score™ is 69/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Air France-KLM (AFRAF), the current Current Ratio is 0.72 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Air France-KLM (AFRAF) Overvalued in 2026?

Based on GuruFocus' analysis, Air France-KLM stock appears to be overvalued. The current stock price of $13.38 is trading 14.7% above its estimated GF Value™ of $11.67. GuruFocus considers Air France-KLM to be Modestly Overvalued.

Key valuation signals for AFRAF:

  • Current Ratio: 0.72 (near median its 10-year median of 0.68)
  • GF Value™: $11.67 vs. price of $13.38 (14.7% above fair value)
  • GF Score™: 69/100 with 6 warning signs
  • Industry Position: 51% below the Transportation median (#850 of 1010)

No single metric tells the full story. See the AFRAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Air France-KLM Business Description

Address 7 Rue du Cirque, Paris, FRA, 75008
Air France-KLM is a European airline group engaged in businesses that include passenger and cargo transportation, low-cost operations, and aircraft maintenance. The group has four segments: network, maintenance, Transavia, and other. The network segment derives key revenue for the passenger and cargo network, mainly coming from passenger transportation services on scheduled flights with the group's airline code. The company's geographic markets include France, Benelux, Europe, and the rest of the world, with the majority of revenue coming from France, including its overseas division.
69GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.38
Price
$11.67
GF Value