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). See NAS net asset quality index to measure how much of total assets are equity-financed.
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. Check how aggressively does Norwegian Air Shuttle ASA reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
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. For live market cap and broader valuation context, see market cap of Norwegian Air Shuttle ASA.
| 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 | — |