Nel ASA (NEL) — Cash Flow-to-Debt Ratio
Nel ASA (NEL) has a Cash Flow-to-Debt Ratio of -0.09x as of June 2025, meaning its operating cash flow of Nkr-110.97 Million could theoretically repay 0% of its total liabilities (Nkr1.26 Billion) in one year. See cash generation quality of Nel ASA 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
Nel ASA Cash Flow-to-Debt Ratio (2004–2024)
Historical debt coverage capacity for Nel ASA across 21 annual periods. Also explore NEL year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Nel ASA (2004–2024)
Year-by-year debt coverage analysis for Nel ASA. For market capitalisation and broader financial context, see Nel ASA (NEL) total market value.
| Year | CF-to-Debt Ratio | Operating CF (NOK) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | -0.18x | Nkr-241.58 Million | Nkr1.33 Billion | ▲ +54.9% |
| 2023 | -0.40x | Nkr-669.67 Million | Nkr1.66 Billion | ▲ +12.3% |
| 2022 | -0.46x | Nkr-690.58 Million | Nkr1.50 Billion | ▲ +0.9% |
| 2021 | -0.46x | Nkr-449.46 Million | Nkr968.28 Million | ▼ -43.7% |
| 2020 | -0.32x | Nkr-215.89 Million | Nkr668.38 Million | ▲ +9.8% |
| 2019 | -0.36x | Nkr-209.23 Million | Nkr584.05 Million | ▲ +8.2% |
| 2018 | -0.39x | Nkr-142.57 Million | Nkr365.42 Million | ▼ -9.2% |
| 2017 | -0.36x | Nkr-113.02 Million | Nkr316.27 Million | ▲ +4.1% |
| 2016 | -0.37x | Nkr-34.17 Million | Nkr91.66 Million | ▲ +16.6% |
| 2015 | -0.45x | Nkr-37.81 Million | Nkr84.64 Million | ▼ -544.2% |
| 2014 | 0.10x | Nkr4.35 Million | Nkr43.24 Million | ▲ +101.9% |
| 2013 | -5.42x | Nkr-35.49 Million | Nkr6.55 Million | ▼ -88.1% |
| 2012 | -2.88x | Nkr-37.64 Million | Nkr13.06 Million | ▼ -3.7% |
| 2011 | -2.78x | Nkr-37.88 Million | Nkr13.63 Million | ▼ -69.3% |
| 2010 | -1.64x | Nkr-36.28 Million | Nkr22.10 Million | ▲ +21.3% |
| 2009 | -2.09x | Nkr-35.69 Million | Nkr17.11 Million | ▲ +31.6% |
| 2008 | -3.05x | Nkr-31.96 Million | Nkr10.49 Million | ▲ +5.2% |
| 2007 | -3.22x | Nkr-29.23 Million | Nkr9.09 Million | ▼ -56.4% |
| 2006 | -2.06x | Nkr-19.81 Million | Nkr9.63 Million | ▲ +47.7% |
| 2005 | -3.93x | Nkr-17.09 Million | Nkr4.34 Million | ▼ -77.3% |
| 2004 | -2.22x | Nkr-8.26 Million | Nkr3.72 Million | — |