Northann Corp. (NCL) — Cash Flow-to-Debt Ratio

Latest as of March 2026: -0.16x

Northann Corp. (NCL) has a Cash Flow-to-Debt Ratio of -0.16x as of March 2026, meaning its operating cash flow of $-1.84 Million could theoretically repay 0% of its total liabilities ($11.43 Million) in one year. See Northann Corp. free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.

CF-to-Debt Ratio

-0.16x
Operating CF / Total Liabilities

Operating Cash Flow

$-1.84 Million
USD

Total Liabilities

$11.43 Million
USD

Data as of

Mar 2026
Most recent filing

Northann Corp. Cash Flow-to-Debt Ratio (2020–2025)

Historical debt coverage capacity for Northann Corp. across 6 annual periods. Also explore NCL shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Cash Flow-to-Debt Ratio for Northann Corp. (2020–2025)

Year-by-year debt coverage analysis for Northann Corp.. For market capitalisation and broader financial context, see NCL company net worth.

Year CF-to-Debt Ratio Operating CF (USD) Total Liabilities YoY Change
2025 -0.50x $-5.68 Million $11.43 Million ▼ -354.3%
2024 -0.11x $-1.23 Million $11.28 Million ▲ +69.5%
2023 -0.36x $-4.68 Million $13.04 Million ▼ -22.3%
2022 -0.29x $-3.65 Million $12.44 Million ▼ -195.7%
2021 0.31x $4.55 Million $14.86 Million ▲ +505.2%
2020 -0.08x $-897.90K $11.87 Million
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.