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

Latest as of March 2026: -0.11x

Northann Corp. (NCLX) has a Cash Flow-to-Debt Ratio of -0.11x as of March 2026, meaning its operating cash flow of $-1.40 Million could theoretically repay 0% of its total liabilities ($12.34 Million) in one year. See Northann Corp. (NCLX) financial flexibility to measure the company's free cash flow as a share of total liabilities.

CF-to-Debt Ratio

-0.11x
Operating CF / Total Liabilities

Operating Cash Flow

$-1.40 Million
USD

Total Liabilities

$12.34 Million
USD

Data as of

Mar 2026
Most recent filing

Northann Corp. Cash Flow-to-Debt Ratio (2022–2025)

Historical debt coverage capacity for Northann Corp. across 4 annual periods. For the full cash flow conversion analysis, see how efficiently does Northann Corp. generate cash.

Annual Cash Flow-to-Debt Ratio for Northann Corp. (2022–2025)

Year-by-year debt coverage analysis for Northann Corp.. Check Northann Corp. cash flow quality index to evaluate the quality of earnings relative to operating cash generation.

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 ▼ -30.1%
2022 -0.28x $-3.43 Million $12.44 Million
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.