Northern Ocean Ltd Cash Flow-to-Debt Ratio
Northern Ocean Ltd cash flow-to-debt ratio. Northern Ocean Ltd (NOL) has a Cash Flow-to-Debt Ratio of 0.04x as of September 2025, meaning its operating cash flow of Nkr28.84 Million could theoretically repay 0% of its total liabilities (Nkr662.45 Million) in one year. Check NOL cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Cash Flow-to-Debt Ratio of Northern Ocean Ltd (2018–2024)
Cash flow-to-debt ratio of Northern Ocean Ltd from 2018 to 2024. Historical debt coverage capacity for Northern Ocean Ltd across 7 annual periods. Check Northern Ocean Ltd total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.
Northern Ocean Ltd Cash Flow-to-Debt Ratio by Year (2018–2024)
Northern Ocean Ltd cash flow-to-debt ratio by year from 2018 to 2024. Year-by-year debt coverage analysis for Northern Ocean Ltd. For the full cash flow conversion analysis, see NOL operating cash flow.
| Year | CF-to-Debt Ratio | Operating CF (NOK) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | -0.03x | Nkr-19.44 Million | Nkr585.40 Million | ▲ +32.8% |
| 2023 | -0.05x | Nkr-30.59 Million | Nkr618.88 Million | ▲ +48.8% |
| 2022 | -0.10x | Nkr-52.81 Million | Nkr546.98 Million | ▼ -113.4% |
| 2021 | -0.05x | Nkr-21.81 Million | Nkr481.92 Million | ▼ -295.9% |
| 2020 | 0.02x | Nkr14.49 Million | Nkr627.55 Million | ▲ +183.6% |
| 2019 | -0.03x | Nkr-15.42 Million | Nkr558.03 Million | ▼ -5093.8% |
| 2018 | 0.00x | Nkr-326.00K | Nkr612.74 Million | — |