Norsk Hydro ASA (NOHA) — Cash Flow-to-Debt Ratio
Norsk Hydro ASA (NOHA) has a Cash Flow-to-Debt Ratio of -0.02x as of March 2026, meaning its operating cash flow of €-1.89 Billion could theoretically repay 0% of its total liabilities (€96.92 Billion) in one year. See NOHA free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Norsk Hydro ASA Cash Flow-to-Debt Ratio (2016–2025)
Historical debt coverage capacity for Norsk Hydro ASA across 10 annual periods. For the full cash flow conversion analysis, see Norsk Hydro ASA (NOHA) cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Norsk Hydro ASA (2016–2025)
Year-by-year debt coverage analysis for Norsk Hydro ASA. Check how high is Norsk Hydro ASA's earnings quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (EUR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.23x | €23.31 Billion | €101.20 Billion | ▲ +49.9% |
| 2024 | 0.15x | €15.36 Billion | €99.92 Billion | ▼ -44.1% |
| 2023 | 0.28x | €27.31 Billion | €99.28 Billion | ▼ -14.8% |
| 2022 | 0.32x | €29.34 Billion | €90.82 Billion | ▲ +94.2% |
| 2021 | 0.17x | €14.33 Billion | €86.13 Billion | ▲ +13.4% |
| 2020 | 0.15x | €12.76 Billion | €86.96 Billion | ▼ -6.1% |
| 2019 | 0.16x | €12.55 Billion | €80.32 Billion | ▲ +58.1% |
| 2018 | 0.10x | €7.03 Billion | €71.09 Billion | ▼ -51.0% |
| 2017 | 0.20x | €14.35 Billion | €71.08 Billion | ▼ -13.0% |
| 2016 | 0.23x | €10.02 Billion | €43.15 Billion | — |