Elkem ASA (ELK) — Cash Flow Quality Index
Latest as of September 2025:
21.41x
Elkem ASA (ELK) has a Cash Flow Quality Index of 21.41x as of September 2025. Operating cash flow of Nkr621.00 Million exceeds net income of Nkr29.00 Million, indicating high earnings quality where cash backs reported profits. Explore Elkem ASA (ELK) cash flow to debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
21.41x
Operating CF / Net Income
Operating Cash Flow
Nkr621.00 Million
NOK
Net Income
Nkr29.00 Million
NOK
Data as of
Sep 2025
Most recent filing
Elkem ASA Cash Flow Quality Index (2015–2024)
Historical Cash Flow Quality Index for Elkem ASA across 10 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see ELK operating cash flow.
Annual Cash Flow Quality Index for Elkem ASA (2015–2024)
Year-by-year earnings quality comparison for Elkem ASA.
| Year | Quality Index | Operating CF (NOK) | Net Income | YoY Change |
|---|---|---|---|---|
| 2024 | 4.16x | Nkr2.03 Billion | Nkr488.00 Million | ▼ -94.1% |
| 2023 | 70.63x | Nkr5.08 Billion | Nkr72.00 Million | ▲ +9313.1% |
| 2022 | 0.75x | Nkr9.31 Billion | Nkr12.41 Billion | ▼ -11.7% |
| 2021 | 0.85x | Nkr4.91 Billion | Nkr5.79 Billion | ▼ -66.7% |
| 2020 | 2.55x | Nkr2.11 Billion | Nkr827.00 Million | ▲ +92.1% |
| 2019 | 1.33x | Nkr1.84 Billion | Nkr1.38 Billion | ▼ -0.6% |
| 2018 | 1.34x | Nkr4.46 Billion | Nkr3.34 Billion | ▼ -15.2% |
| 2017 | 1.58x | Nkr1.53 Billion | Nkr973.16 Million | ▼ -12.7% |
| 2016 | 1.81x | Nkr1.30 Billion | Nkr721.85 Million | ▼ -20.4% |
| 2015 | 2.27x | Nkr1.82 Billion | Nkr801.94 Million | — |
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.