This report provides a comprehensive financial analysis of Qantas Airways Limited, examining its performance from 2014 to 2018. The analysis includes a detailed look at various financial ratios, categorized into operating, liquidity, and capital structure ratios. The report assesses Qantas's efficiency, solvency, and liquidity, highlighting trends in assets turnover, unearned income, current ratio, cash flow ratio, debt-equity ratio, and interest coverage. Furthermore, it delves into cash flow analysis, dissecting cash flows from operating, investing, and financing activities. The report also provides an overview of Qantas's financial performance and position, including revenue, profitability, and asset growth. It concludes with recommendations for improvements, including capital structure, renewable energy adoption, in-flight Wi-Fi, and customer service enhancements, while also pointing out areas for strategic growth such as human resource diversity and expansion in the Asia-Pacific region. The report utilizes financial data from Qantas Airways Limited's annual reports to support its analysis and findings.