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. Also explore NOHA total asset value for the complete picture of this company's asset base.
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. Check Norsk Hydro ASA tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Norsk Hydro ASA (2016–2025)
Year-by-year earnings quality comparison for Norsk Hydro ASA. For live market cap and the full company financial profile, see Norsk Hydro ASA (NOHA) market capitalisation.
| 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 | — |