Norwegian Air Shuttle ASA (NAS) — Cash Flow-to-Debt Ratio
Norwegian Air Shuttle ASA (NAS) has a Cash Flow-to-Debt Ratio of 0.17x as of June 2025, meaning its operating cash flow of Nkr6.45 Billion could theoretically repay 0% of its total liabilities (Nkr38.28 Billion) in one year. See Norwegian Air Shuttle ASA (NAS) 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
Norwegian Air Shuttle ASA Cash Flow-to-Debt Ratio (2002–2024)
Historical debt coverage capacity for Norwegian Air Shuttle ASA across 23 annual periods. Also explore net asset momentum of Norwegian Air Shuttle ASA to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Norwegian Air Shuttle ASA (2002–2024)
Year-by-year debt coverage analysis for Norwegian Air Shuttle ASA. For market capitalisation and broader financial context, see NAS stock market capitalisation.
| Year | CF-to-Debt Ratio | Operating CF (NOK) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.23x | Nkr6.95 Billion | Nkr30.36 Billion | ▲ +7.8% |
| 2023 | 0.21x | Nkr5.26 Billion | Nkr24.78 Billion | ▲ +61.5% |
| 2022 | 0.13x | Nkr2.43 Billion | Nkr18.47 Billion | ▲ +1369.0% |
| 2021 | 0.01x | Nkr139.10 Million | Nkr15.56 Billion | ▲ +136.1% |
| 2020 | -0.02x | Nkr-1.39 Billion | Nkr56.18 Billion | ▼ -166.2% |
| 2019 | 0.04x | Nkr3.04 Billion | Nkr81.22 Billion | ▲ +338.8% |
| 2018 | 0.01x | Nkr462.70 Million | Nkr54.28 Billion | ▼ -87.8% |
| 2017 | 0.07x | Nkr2.90 Billion | Nkr41.42 Billion | ▼ -22.5% |
| 2016 | 0.09x | Nkr3.05 Billion | Nkr33.71 Billion | ▲ +9.9% |
| 2015 | 0.08x | Nkr2.36 Billion | Nkr28.67 Billion | ▲ +489.8% |
| 2014 | 0.01x | Nkr287.10 Million | Nkr20.60 Billion | ▼ -93.0% |
| 2013 | 0.20x | Nkr2.38 Billion | Nkr12.01 Billion | ▼ -7.0% |
| 2012 | 0.21x | Nkr2.02 Billion | Nkr9.50 Billion | ▲ +122.9% |
| 2011 | 0.10x | Nkr673.97 Million | Nkr7.06 Billion | ▼ -42.7% |
| 2010 | 0.17x | Nkr804.63 Million | Nkr4.82 Billion | ▼ -37.6% |
| 2009 | 0.27x | Nkr913.82 Million | Nkr3.42 Billion | ▲ +258.1% |
| 2008 | -0.17x | Nkr-385.55 Million | Nkr2.28 Billion | ▼ -167.3% |
| 2007 | 0.25x | Nkr457.93 Million | Nkr1.82 Billion | ▲ +166.4% |
| 2006 | 0.09x | Nkr75.56 Million | Nkr801.22 Million | ▼ -47.2% |
| 2005 | 0.18x | Nkr95.36 Million | Nkr534.24 Million | ▲ +158.5% |
| 2004 | -0.31x | Nkr-90.85 Million | Nkr297.63 Million | ▼ -229.5% |
| 2003 | 0.24x | Nkr61.50 Million | Nkr260.95 Million | ▲ +873.9% |
| 2002 | -0.03x | Nkr-4.54 Million | Nkr149.22 Million | — |