Thor Medical ASA (TRMED) — Cash Flow-to-Debt Ratio

Latest as of December 2025: -0.19x

Thor Medical ASA (TRMED) has a Cash Flow-to-Debt Ratio of -0.19x as of December 2025, meaning its operating cash flow of Nkr-47.54 Million could theoretically repay 0% of its total liabilities (Nkr252.64 Million) in one year. See financial agility of Thor Medical ASA to measure the company's free cash flow as a share of total liabilities.

CF-to-Debt Ratio

-0.19x
Operating CF / Total Liabilities

Operating Cash Flow

Nkr-47.54 Million
NOK

Total Liabilities

Nkr252.64 Million
NOK

Data as of

Dec 2025
Most recent filing

Thor Medical ASA Cash Flow-to-Debt Ratio (2019–2025)

Historical debt coverage capacity for Thor Medical ASA across 7 annual periods. For the full cash flow conversion analysis, see TRMED operating cash flow.

Annual Cash Flow-to-Debt Ratio for Thor Medical ASA (2019–2025)

Year-by-year debt coverage analysis for Thor Medical ASA.

Year CF-to-Debt Ratio Operating CF (NOK) Total Liabilities YoY Change
2025 -0.19x Nkr-47.54 Million Nkr252.64 Million ▲ +38.6%
2024 -0.31x Nkr-23.70 Million Nkr77.30 Million ▲ +71.8%
2023 -1.09x Nkr-64.09 Million Nkr58.91 Million ▲ +87.8%
2022 -8.93x Nkr-409.08 Million Nkr45.80 Million ▼ -245.7%
2021 -2.58x Nkr-403.46 Million Nkr156.16 Million ▲ +11.8%
2020 -2.93x Nkr-398.21 Million Nkr135.94 Million ▲ +96.7%
2019 -89.83x Nkr-410.62 Million Nkr4.57 Million
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.