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. See how much free cash does Norwegian Air Shuttle ASA generate to measure how efficiently the company converts operating cash flow to free cash.
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. For the full cash flow conversion analysis, see cash efficiency ratio of Norwegian Air Shuttle ASA.
Annual Cash Flow Reinvestment Rate for Norwegian Air Shuttle ASA (2003–2024)
Year-by-year capital reinvestment analysis for Norwegian Air Shuttle ASA. See how financially flexible is Norwegian Air Shuttle ASA to measure the company's free cash flow as a share of total liabilities.
| 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 | — |