Northern Oil & Gas Inc (NOG) — Cash Flow-to-Debt Ratio
Northern Oil & Gas Inc (NOG) has a Cash Flow-to-Debt Ratio of 0.09x as of March 2026, meaning its operating cash flow of $323.62 Million could theoretically repay 0% of its total liabilities ($3.73 Billion) in one year. See NOG FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Northern Oil & Gas Inc Cash Flow-to-Debt Ratio (2007–2025)
Historical debt coverage capacity for Northern Oil & Gas Inc across 19 annual periods. Also explore how fast is Northern Oil & Gas Inc growing its equity to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Northern Oil & Gas Inc (2007–2025)
Year-by-year debt coverage analysis for Northern Oil & Gas Inc. For market capitalisation and broader financial context, see how much is Northern Oil & Gas Inc worth.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.46x | $1.51 Billion | $3.28 Billion | ▲ +6.9% |
| 2024 | 0.43x | $1.41 Billion | $3.28 Billion | ▼ -11.7% |
| 2023 | 0.49x | $1.18 Billion | $2.44 Billion | ▲ +11.4% |
| 2022 | 0.44x | $928.42 Million | $2.13 Billion | ▲ +43.8% |
| 2021 | 0.30x | $396.47 Million | $1.31 Billion | ▲ +0.1% |
| 2020 | 0.30x | $331.69 Million | $1.10 Billion | ▲ +20.0% |
| 2019 | 0.25x | $339.75 Million | $1.35 Billion | ▲ +10.9% |
| 2018 | 0.23x | $244.26 Million | $1.07 Billion | ▲ +250.1% |
| 2017 | 0.06x | $72.97 Million | $1.12 Billion | ▼ -41.4% |
| 2016 | 0.11x | $101.89 Million | $918.95 Million | ▼ -58.2% |
| 2015 | 0.27x | $247.02 Million | $931.55 Million | ▲ +21.4% |
| 2014 | 0.22x | $274.26 Million | $1.26 Billion | ▼ -11.8% |
| 2013 | 0.25x | $222.77 Million | $899.77 Million | ▼ -24.6% |
| 2012 | 0.33x | $198.53 Million | $604.75 Million | ▼ -11.7% |
| 2011 | 0.37x | $85.15 Million | $229.02 Million | ▼ -62.3% |
| 2010 | 0.99x | $73.31 Million | $74.33 Million | ▲ +21.0% |
| 2009 | 0.82x | $9.81 Million | $12.04 Million | ▲ +336.2% |
| 2008 | 0.19x | $2.51 Million | $13.41 Million | ▲ +108.5% |
| 2007 | -2.19x | $-491.51K | $224.25K | — |