Norsk Hydro ASA (NOHA) — Cash Flow Quality Index
Norsk Hydro ASA (NOHA) has a Cash Flow Quality Index of -0.45x as of March 2026. Operating cash flow of €-1.89 Billion is below net income of €4.24 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore Norsk Hydro ASA (NOHA) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Norsk Hydro ASA Cash Flow Quality Index (2016–2025)
Historical Cash Flow Quality Index for Norsk Hydro ASA across 9 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see how efficiently does Norsk Hydro ASA generate cash.
Annual Cash Flow Quality Index for Norsk Hydro ASA (2016–2025)
Year-by-year earnings quality comparison for Norsk Hydro ASA.
| Year | Quality Index | Operating CF (EUR) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 3.47x | €23.31 Billion | €6.72 Billion | ▲ +30.9% |
| 2024 | 2.65x | €15.36 Billion | €5.79 Billion | ▼ -65.2% |
| 2023 | 7.62x | €27.31 Billion | €3.58 Billion | ▲ +527.6% |
| 2022 | 1.21x | €29.34 Billion | €24.15 Billion | ▲ +18.1% |
| 2021 | 1.03x | €14.33 Billion | €13.93 Billion | ▼ -69.8% |
| 2020 | 3.41x | €12.76 Billion | €3.75 Billion | ▲ +106.4% |
| 2018 | 1.65x | €7.03 Billion | €4.26 Billion | ▲ +1.0% |
| 2017 | 1.63x | €14.35 Billion | €8.78 Billion | ▲ +4.2% |
| 2016 | 1.57x | €10.02 Billion | €6.39 Billion | — |