Zenith Energy Ltd (ZENA) — Cash Flow-to-Debt Ratio
Zenith Energy Ltd (ZENA) has a Cash Flow-to-Debt Ratio of -0.11x as of September 2025, meaning its operating cash flow of Nkr-11.76 Million could theoretically repay 0% of its total liabilities (Nkr103.26 Million) in one year. See how much free cash does Zenith Energy Ltd generate 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
Zenith Energy Ltd Cash Flow-to-Debt Ratio (2009–2025)
Historical debt coverage capacity for Zenith Energy Ltd across 17 annual periods. Also explore Zenith Energy Ltd (ZENA) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Zenith Energy Ltd (2009–2025)
Year-by-year debt coverage analysis for Zenith Energy Ltd. For market capitalisation and broader financial context, see Zenith Energy Ltd (ZENA) total market value.
| Year | CF-to-Debt Ratio | Operating CF (NOK) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | -0.11x | Nkr-10.97 Million | Nkr99.09 Million | ▼ -137.8% |
| 2024 | -0.05x | Nkr-4.19 Million | Nkr90.04 Million | ▲ +49.7% |
| 2023 | -0.09x | Nkr-15.84 Million | Nkr171.26 Million | ▼ -10.1% |
| 2022 | -0.08x | Nkr-13.13 Million | Nkr156.21 Million | ▲ +18.1% |
| 2021 | -0.10x | Nkr-9.81 Million | Nkr95.63 Million | ▲ +64.9% |
| 2020 | -0.29x | Nkr-12.06 Million | Nkr41.25 Million | ▼ -2149.2% |
| 2019 | -0.01x | Nkr-6.75 Million | Nkr519.61 Million | ▼ -1443.4% |
| 2018 | 0.00x | Nkr-430.00K | Nkr510.57 Million | ▲ +70.9% |
| 2017 | 0.00x | Nkr-1.46 Million | Nkr503.65 Million | ▲ +97.8% |
| 2016 | -0.13x | Nkr-2.47 Million | Nkr18.58 Million | ▼ -214.0% |
| 2015 | -0.04x | Nkr-634.38K | Nkr14.96 Million | ▲ +48.6% |
| 2014 | -0.08x | Nkr-1.80 Million | Nkr21.86 Million | ▲ +70.2% |
| 2013 | -0.28x | Nkr-2.00 Million | Nkr7.21 Million | ▼ -164.6% |
| 2012 | -0.10x | Nkr-883.66K | Nkr8.45 Million | ▲ +65.0% |
| 2011 | -0.30x | Nkr-2.18 Million | Nkr7.29 Million | ▲ +91.4% |
| 2010 | -3.49x | Nkr-911.72K | Nkr261.57K | ▼ -11.6% |
| 2009 | -3.12x | Nkr-379.74K | Nkr121.63K | — |