Norsk Hydro ASA (NHY) - Cash Flow Conversion Efficiency

Latest as of March 2026: -0.017x

Based on the latest financial reports, Norsk Hydro ASA (NHY) has a cash flow conversion efficiency ratio of -0.017x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Nkr-1.89 Billion ≈ $-198.99 Million USD) by net assets (Nkr110.00 Billion ≈ $11.58 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See NHY equity to assets ratio to measure how much of total assets are equity-financed.

Norsk Hydro ASA - Cash Flow Conversion Efficiency Trend (1991–2025)

This chart illustrates how Norsk Hydro ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Norsk Hydro ASA cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

Norsk Hydro ASA Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Norsk Hydro ASA ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Zangge Holding Co Ltd SHE:000408	0.044x
Korea Shipbuilding & Offshore Engineering Co Ltd KO:009540	-0.032x
Krung Thai Bank Public Company Limited BK:KTB	0.286x
Pernod Ricard S.A. PA:RI	0.110x
Magna International Inc TO:MG	0.054x
Tourmaline Oil Corp. TO:TOU	0.059x
Solar Industries India Limited NSE:SOLARINDS	0.015x
Grupo Carso S.A.B. de C.V MX:GCARSOA1	-0.002x

Annual Cash Flow Conversion Efficiency for Norsk Hydro ASA (1991–2025)

The table below shows the annual cash flow conversion efficiency of Norsk Hydro ASA from 1991 to 2025. For the full company profile with market capitalisation and key ratios, see NHY stock market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	Nkr107.09 Billion ≈ $11.27 Billion	Nkr23.31 Billion ≈ $2.45 Billion	0.218x	+52.31%
2024-12-31	Nkr107.45 Billion ≈ $11.31 Billion	Nkr15.36 Billion ≈ $1.62 Billion	0.143x	-31.06%
2023-12-31	Nkr107.18 Billion ≈ $11.28 Billion	Nkr22.22 Billion ≈ $2.34 Billion	0.207x	-23.97%
2022-12-31	Nkr107.80 Billion ≈ $11.34 Billion	Nkr29.39 Billion ≈ $3.09 Billion	0.273x	+125.64%
2021-12-31	Nkr88.38 Billion ≈ $9.30 Billion	Nkr10.68 Billion ≈ $1.12 Billion	0.121x	-30.75%
2020-12-31	Nkr77.44 Billion ≈ $8.15 Billion	Nkr13.52 Billion ≈ $1.42 Billion	0.175x	+16.92%
2019-12-31	Nkr84.08 Billion ≈ $8.85 Billion	Nkr12.55 Billion ≈ $1.32 Billion	0.149x	+92.86%
2018-12-31	Nkr90.77 Billion ≈ $9.55 Billion	Nkr7.03 Billion ≈ $739.23 Million	0.077x	-50.24%
2017-12-31	Nkr92.25 Billion ≈ $9.71 Billion	Nkr14.35 Billion ≈ $1.51 Billion	0.156x	+36.05%
2016-12-31	Nkr87.64 Billion ≈ $9.22 Billion	Nkr10.02 Billion ≈ $1.05 Billion	0.114x	-36.91%
2015-12-31	Nkr79.33 Billion ≈ $8.35 Billion	Nkr14.37 Billion ≈ $1.51 Billion	0.181x	+142.82%
2014-12-31	Nkr79.94 Billion ≈ $8.41 Billion	Nkr5.96 Billion ≈ $627.69 Million	0.075x	+10.70%
2013-12-31	Nkr75.26 Billion ≈ $7.92 Billion	Nkr5.07 Billion ≈ $533.83 Million	0.067x	-8.40%
2012-12-31	Nkr73.84 Billion ≈ $7.77 Billion	Nkr5.43 Billion ≈ $571.81 Million	0.074x	-13.88%
2011-12-31	Nkr85.17 Billion ≈ $8.96 Billion	Nkr7.28 Billion ≈ $765.75 Million	0.085x	-23.13%
2010-12-31	Nkr57.25 Billion ≈ $6.02 Billion	Nkr6.36 Billion ≈ $669.57 Million	0.111x	+15.39%
2009-12-31	Nkr47.20 Billion ≈ $4.97 Billion	Nkr4.55 Billion ≈ $478.37 Million	0.096x	+78.54%
2008-12-31	Nkr54.14 Billion ≈ $5.70 Billion	Nkr2.92 Billion ≈ $307.37 Million	0.054x	-79.21%
2007-12-31	Nkr55.01 Billion ≈ $5.79 Billion	Nkr14.27 Billion ≈ $1.50 Billion	0.259x	-35.46%
2006-12-31	Nkr97.05 Billion ≈ $10.21 Billion	Nkr39.02 Billion ≈ $4.11 Billion	0.402x	+41.62%
2005-12-31	Nkr96.35 Billion ≈ $10.14 Billion	Nkr27.35 Billion ≈ $2.88 Billion	0.284x	-33.43%
2004-12-31	Nkr88.13 Billion ≈ $9.27 Billion	Nkr37.58 Billion ≈ $3.95 Billion	0.426x	+53.94%
2003-12-31	Nkr88.99 Billion ≈ $9.36 Billion	Nkr24.65 Billion ≈ $2.59 Billion	0.277x	-2.07%
2002-12-31	Nkr76.79 Billion ≈ $8.08 Billion	Nkr21.72 Billion ≈ $2.29 Billion	0.283x	-18.02%
2001-12-31	Nkr76.02 Billion ≈ $8.00 Billion	Nkr26.23 Billion ≈ $2.76 Billion	0.345x	-2.21%
2000-12-31	Nkr72.60 Billion ≈ $7.64 Billion	Nkr25.61 Billion ≈ $2.70 Billion	0.353x	+45.53%
1999-12-31	Nkr60.94 Billion ≈ $6.41 Billion	Nkr14.77 Billion ≈ $1.55 Billion	0.242x	+41.35%
1998-12-31	Nkr49.68 Billion ≈ $5.23 Billion	Nkr8.52 Billion ≈ $896.59 Million	0.172x	-22.61%
1997-12-31	Nkr46.95 Billion ≈ $4.94 Billion	Nkr10.41 Billion ≈ $1.09 Billion	0.222x	-27.10%
1996-12-31	Nkr37.33 Billion ≈ $3.93 Billion	Nkr11.35 Billion ≈ $1.19 Billion	0.304x	+1.69%
1995-12-31	Nkr38.26 Billion ≈ $4.03 Billion	Nkr11.44 Billion ≈ $1.20 Billion	0.299x	+35.12%
1994-12-31	Nkr31.97 Billion ≈ $3.36 Billion	Nkr7.07 Billion ≈ $744.37 Million	0.221x	-25.86%
1993-12-31	Nkr23.84 Billion ≈ $2.51 Billion	Nkr7.11 Billion ≈ $748.69 Million	0.298x	-2.40%
1992-12-31	Nkr21.26 Billion ≈ $2.24 Billion	Nkr6.50 Billion ≈ $684.00 Million	0.306x	-0.96%
1991-12-31	Nkr19.54 Billion ≈ $2.06 Billion	Nkr6.03 Billion ≈ $634.79 Million	0.309x	--

About Norsk Hydro ASA

OL:NHY Norway Aluminum

Market Cap

$18.26 Billion

Nkr173.49 Billion NOK

Market Cap Rank

#1392 Global

#6 in Norway

Share Price

Nkr88.28

Change (1 day)

+2.96%

52-Week Range

Nkr61.56 - Nkr119.45

All Time High

Nkr119.45