Photocure (PHO) — Cash Flow-to-Debt Ratio
Photocure (PHO) has a Cash Flow-to-Debt Ratio of 0.13x as of September 2025, meaning its operating cash flow of Nkr26.43 Million could theoretically repay 0% of its total liabilities (Nkr210.10 Million) in one year. See Photocure free cash flow ratio 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
Photocure Cash Flow-to-Debt Ratio (2002–2024)
Historical debt coverage capacity for Photocure across 23 annual periods. Also explore PHO net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Photocure (2002–2024)
Year-by-year debt coverage analysis for Photocure. For market capitalisation and broader financial context, see Photocure stock valuation.
| Year | CF-to-Debt Ratio | Operating CF (NOK) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.32x | Nkr76.75 Million | Nkr237.37 Million | ▲ +152.1% |
| 2023 | 0.13x | Nkr29.39 Million | Nkr229.12 Million | ▲ +1728.9% |
| 2022 | -0.01x | Nkr-2.02 Million | Nkr256.30 Million | ▼ -109.5% |
| 2021 | 0.08x | Nkr23.89 Million | Nkr287.01 Million | ▲ +43.1% |
| 2020 | 0.06x | Nkr15.59 Million | Nkr267.92 Million | ▼ -86.3% |
| 2019 | 0.42x | Nkr20.66 Million | Nkr48.76 Million | ▲ +196.3% |
| 2018 | -0.44x | Nkr-24.12 Million | Nkr54.85 Million | ▲ +16.1% |
| 2017 | -0.52x | Nkr-23.59 Million | Nkr45.02 Million | ▼ -192.6% |
| 2016 | 0.57x | Nkr19.19 Million | Nkr33.91 Million | ▲ +202.3% |
| 2015 | -0.55x | Nkr-21.03 Million | Nkr38.00 Million | ▼ -177.5% |
| 2014 | -0.20x | Nkr-6.09 Million | Nkr30.52 Million | ▲ +93.5% |
| 2013 | -3.06x | Nkr-99.72 Million | Nkr32.60 Million | ▼ -193.5% |
| 2012 | -1.04x | Nkr-54.93 Million | Nkr52.71 Million | ▼ -111.2% |
| 2011 | -0.49x | Nkr-34.47 Million | Nkr69.85 Million | ▼ -274.0% |
| 2010 | 0.28x | Nkr15.60 Million | Nkr54.99 Million | ▼ -96.3% |
| 2009 | 7.73x | Nkr317.44 Million | Nkr41.08 Million | ▲ +594.0% |
| 2008 | -1.56x | Nkr-59.68 Million | Nkr38.15 Million | ▲ +32.3% |
| 2007 | -2.31x | Nkr-95.66 Million | Nkr41.40 Million | ▼ -268.9% |
| 2006 | 1.37x | Nkr66.33 Million | Nkr48.49 Million | ▲ +211.0% |
| 2005 | -1.23x | Nkr-70.54 Million | Nkr57.24 Million | ▼ -116.2% |
| 2004 | -0.57x | Nkr-50.25 Million | Nkr88.14 Million | ▲ +17.9% |
| 2003 | -0.69x | Nkr-70.51 Million | Nkr101.50 Million | ▼ -80.1% |
| 2002 | -0.39x | Nkr-50.91 Million | Nkr132.01 Million | — |