Elkem ASA (ELK) — Cash Flow-to-Debt Ratio
Elkem ASA (ELK) has a Cash Flow-to-Debt Ratio of 0.02x as of December 2025, meaning its operating cash flow of Nkr555.00 Million could theoretically repay 0% of its total liabilities (Nkr23.46 Billion) in one year. See ELK financial flexibility index 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
Elkem ASA Cash Flow-to-Debt Ratio (2014–2025)
Historical debt coverage capacity for Elkem ASA across 12 annual periods. For the full cash flow conversion analysis, see Elkem ASA (ELK) cash conversion ratio.
Annual Cash Flow-to-Debt Ratio for Elkem ASA (2014–2025)
Year-by-year debt coverage analysis for Elkem ASA. Check ELK cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (NOK) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.05x | Nkr1.18 Billion | Nkr23.46 Billion | ▼ -32.3% |
| 2024 | 0.07x | Nkr2.03 Billion | Nkr27.41 Billion | ▼ -62.1% |
| 2023 | 0.20x | Nkr5.08 Billion | Nkr26.04 Billion | ▼ -49.7% |
| 2022 | 0.39x | Nkr9.31 Billion | Nkr24.01 Billion | ▲ +73.5% |
| 2021 | 0.22x | Nkr4.91 Billion | Nkr21.98 Billion | ▲ +93.3% |
| 2020 | 0.12x | Nkr2.11 Billion | Nkr18.25 Billion | ▲ +1.0% |
| 2019 | 0.11x | Nkr1.84 Billion | Nkr16.05 Billion | ▼ -55.3% |
| 2018 | 0.26x | Nkr4.46 Billion | Nkr17.41 Billion | ▲ +33.8% |
| 2017 | 0.19x | Nkr1.53 Billion | Nkr8.02 Billion | ▲ +8.0% |
| 2016 | 0.18x | Nkr1.30 Billion | Nkr7.35 Billion | ▼ -19.1% |
| 2015 | 0.22x | Nkr1.82 Billion | Nkr8.31 Billion | ▲ +218.8% |
| 2014 | 0.07x | Nkr674.29 Million | Nkr9.81 Billion | — |