Norwegian Air Shuttle ASA (NAS) — Capital Reinvestment Ratio
Norwegian Air Shuttle ASA (NAS) has a Capital Reinvestment Ratio of 0.50x as of June 2025, meaning it reinvests 0% of its operating cash flow (Nkr6.45 Billion) in capital expenditures (Nkr3.22 Billion). Check Norwegian Air Shuttle ASA tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Norwegian Air Shuttle ASA Capital Reinvestment Ratio (2003–2024)
This chart tracks Norwegian Air Shuttle ASA's Capital Reinvestment Ratio across 19 annual periods. For the full cash flow conversion analysis, see how efficiently does Norwegian Air Shuttle ASA generate cash.
Annual Capital Reinvestment Ratio for Norwegian Air Shuttle ASA (2003–2024)
Year-by-year Capital Reinvestment Ratio for Norwegian Air Shuttle ASA from 2003 to 2024. See NAS free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (NOK) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.19x | Nkr6.95 Billion | Nkr1.31 Billion | ▲ +69.1% |
| 2023 | 0.11x | Nkr5.26 Billion | Nkr585.70 Million | ▼ -69.1% |
| 2022 | 0.36x | Nkr2.43 Billion | Nkr874.20 Million | ▲ +238.7% |
| 2021 | 0.11x | Nkr139.10 Million | Nkr14.80 Million | ▼ -65.7% |
| 2019 | 0.31x | Nkr3.04 Billion | Nkr943.20 Million | ▼ -98.8% |
| 2018 | 25.41x | Nkr462.70 Million | Nkr11.76 Billion | ▲ +775.4% |
| 2017 | 2.90x | Nkr2.90 Billion | Nkr8.42 Billion | ▲ +10.1% |
| 2016 | 2.64x | Nkr3.05 Billion | Nkr8.03 Billion | ▲ +19.3% |
| 2015 | 2.21x | Nkr2.36 Billion | Nkr5.21 Billion | ▼ -87.3% |
| 2014 | 17.46x | Nkr287.10 Million | Nkr5.01 Billion | ▲ +1930.7% |
| 2013 | 0.86x | Nkr2.38 Billion | Nkr2.05 Billion | ▼ -37.1% |
| 2012 | 1.37x | Nkr2.02 Billion | Nkr2.76 Billion | ▼ -57.9% |
| 2011 | 3.25x | Nkr673.97 Million | Nkr2.19 Billion | ▲ +42.1% |
| 2010 | 2.29x | Nkr804.63 Million | Nkr1.84 Billion | ▲ +64.5% |
| 2009 | 1.39x | Nkr913.82 Million | Nkr1.27 Billion | ▲ +851.5% |
| 2007 | 0.15x | Nkr457.93 Million | Nkr66.88 Million | ▼ -95.5% |
| 2006 | 3.24x | Nkr75.56 Million | Nkr244.96 Million | ▲ +703.9% |
| 2005 | 0.40x | Nkr95.36 Million | Nkr38.45 Million | ▼ -15.7% |
| 2003 | 0.48x | Nkr61.50 Million | Nkr29.43 Million | — |