SalMar ASA (SALM) — Cash Flow-to-Debt Ratio
SalMar ASA (SALM) has a Cash Flow-to-Debt Ratio of 0.08x as of December 2025, meaning its operating cash flow of Nkr3.26 Billion could theoretically repay 0% of its total liabilities (Nkr40.20 Billion) in one year. See SALM financial flexibility score 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
SalMar ASA Cash Flow-to-Debt Ratio (2003–2025)
Historical debt coverage capacity for SalMar ASA across 23 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of SalMar ASA.
Annual Cash Flow-to-Debt Ratio for SalMar ASA (2003–2025)
Year-by-year debt coverage analysis for SalMar ASA. Check SalMar ASA cash earnings quality to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (NOK) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.09x | Nkr3.26 Billion | Nkr37.80 Billion | ▼ -45.2% |
| 2024 | 0.16x | Nkr5.38 Billion | Nkr34.19 Billion | ▼ -48.8% |
| 2023 | 0.31x | Nkr9.29 Billion | Nkr30.25 Billion | ▲ +179.0% |
| 2022 | 0.11x | Nkr4.22 Billion | Nkr38.35 Billion | ▼ -52.3% |
| 2021 | 0.23x | Nkr2.91 Billion | Nkr12.60 Billion | ▼ -20.1% |
| 2020 | 0.29x | Nkr3.18 Billion | Nkr11.01 Billion | ▼ -21.4% |
| 2019 | 0.37x | Nkr3.03 Billion | Nkr8.25 Billion | ▼ -20.8% |
| 2018 | 0.46x | Nkr2.78 Billion | Nkr6.00 Billion | ▼ -27.7% |
| 2017 | 0.64x | Nkr3.37 Billion | Nkr5.26 Billion | ▲ +58.3% |
| 2016 | 0.41x | Nkr2.72 Billion | Nkr6.72 Billion | ▲ +42.8% |
| 2015 | 0.28x | Nkr1.62 Billion | Nkr5.72 Billion | ▼ -14.1% |
| 2014 | 0.33x | Nkr1.65 Billion | Nkr4.99 Billion | ▲ +45.4% |
| 2013 | 0.23x | Nkr1.11 Billion | Nkr4.87 Billion | ▲ +466.3% |
| 2012 | 0.04x | Nkr186.79 Million | Nkr4.66 Billion | ▼ -44.2% |
| 2011 | 0.07x | Nkr294.87 Million | Nkr4.10 Billion | ▼ -52.5% |
| 2010 | 0.15x | Nkr508.77 Million | Nkr3.36 Billion | ▼ -45.5% |
| 2009 | 0.28x | Nkr513.61 Million | Nkr1.85 Billion | ▲ +128.1% |
| 2008 | 0.12x | Nkr213.22 Million | Nkr1.75 Billion | ▼ -25.1% |
| 2007 | 0.16x | Nkr255.25 Million | Nkr1.57 Billion | ▼ -8.4% |
| 2006 | 0.18x | Nkr245.40 Million | Nkr1.38 Billion | ▼ -22.6% |
| 2005 | 0.23x | Nkr182.27 Million | Nkr796.07 Million | ▲ +33.2% |
| 2004 | 0.17x | Nkr142.47 Million | Nkr829.15 Million | ▲ +178.4% |
| 2003 | 0.06x | Nkr49.76 Million | Nkr806.32 Million | — |