Norwegian Air Shuttle ASA (NAS) — Cash Flow Reinvestment Rate
Norwegian Air Shuttle ASA (NAS) has a Cash Flow Reinvestment Rate of 0.54x as of June 2025, reinvesting Nkr3.45 Billion (capex Nkr3.22 Billion plus investments Nkr-235.60 Million) from operating cash flow of Nkr6.45 Billion. Check NAS cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Norwegian Air Shuttle ASA Cash Flow Reinvestment Rate (2003–2024)
Historical reinvestment intensity for Norwegian Air Shuttle ASA across 19 annual periods. Explore NAS long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Norwegian Air Shuttle ASA (2003–2024)
Year-by-year capital reinvestment analysis for Norwegian Air Shuttle ASA. For live market cap and broader valuation context, see Norwegian Air Shuttle ASA stock valuation.
| Year | Reinvestment Rate | Total Reinvested (NOK) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.65x | Nkr4.52 Billion | Nkr6.95 Billion | Nkr1.31 Billion | ▲ +271.6% |
| 2023 | 0.18x | Nkr921.30 Million | Nkr5.26 Billion | Nkr585.70 Million | ▼ -74.6% |
| 2022 | 0.69x | Nkr1.68 Billion | Nkr2.43 Billion | Nkr874.20 Million | ▼ -59.5% |
| 2021 | 1.71x | Nkr237.40 Million | Nkr139.10 Million | Nkr14.80 Million | ▲ +63.1% |
| 2019 | 1.05x | Nkr3.18 Billion | Nkr3.04 Billion | Nkr943.20 Million | ▼ -95.9% |
| 2018 | 25.47x | Nkr11.78 Billion | Nkr462.70 Million | Nkr11.76 Billion | ▲ +768.2% |
| 2017 | 2.93x | Nkr8.51 Billion | Nkr2.90 Billion | Nkr8.42 Billion | ▼ -38.6% |
| 2016 | 4.77x | Nkr14.54 Billion | Nkr3.05 Billion | Nkr8.03 Billion | ▲ +113.3% |
| 2015 | 2.24x | Nkr5.27 Billion | Nkr2.36 Billion | Nkr5.21 Billion | ▼ -87.2% |
| 2014 | 17.47x | Nkr5.02 Billion | Nkr287.10 Million | Nkr5.01 Billion | ▲ +1853.1% |
| 2013 | 0.89x | Nkr2.13 Billion | Nkr2.38 Billion | Nkr2.05 Billion | ▼ -34.6% |
| 2012 | 1.37x | Nkr2.76 Billion | Nkr2.02 Billion | Nkr2.76 Billion | ▼ -57.9% |
| 2011 | 3.25x | Nkr2.19 Billion | Nkr673.97 Million | Nkr2.19 Billion | ▲ +42.1% |
| 2010 | 2.29x | Nkr1.84 Billion | Nkr804.63 Million | Nkr1.84 Billion | ▲ +64.5% |
| 2009 | 1.39x | Nkr1.27 Billion | Nkr913.82 Million | Nkr1.27 Billion | ▲ +851.5% |
| 2007 | 0.15x | Nkr66.88 Million | Nkr457.93 Million | Nkr66.88 Million | ▼ -95.5% |
| 2006 | 3.24x | Nkr244.96 Million | Nkr75.56 Million | Nkr244.96 Million | ▲ +703.9% |
| 2005 | 0.40x | Nkr38.45 Million | Nkr95.36 Million | Nkr38.45 Million | ▼ -15.7% |
| 2003 | 0.48x | Nkr29.43 Million | Nkr61.50 Million | Nkr29.43 Million | — |