Fortnox AB (FNOX) — Cash Flow-to-Debt Ratio

Latest as of March 2025: 0.14x

Fortnox AB (FNOX) has a Cash Flow-to-Debt Ratio of 0.14x as of March 2025, meaning its operating cash flow of Skr149.00 Million could theoretically repay 0% of its total liabilities (Skr1.04 Billion) in one year. See FNOX financial flexibility score to measure the company's free cash flow as a share of total liabilities.

CF-to-Debt Ratio

0.14x
Operating CF / Total Liabilities

Operating Cash Flow

Skr149.00 Million
SEK

Total Liabilities

Skr1.04 Billion
SEK

Data as of

Mar 2025
Most recent filing

Fortnox AB Cash Flow-to-Debt Ratio (2008–2024)

Historical debt coverage capacity for Fortnox AB across 17 annual periods. For the full cash flow conversion analysis, see how efficiently does Fortnox AB generate cash.

Annual Cash Flow-to-Debt Ratio for Fortnox AB (2008–2024)

Year-by-year debt coverage analysis for Fortnox AB. Check FNOX operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

Year CF-to-Debt Ratio Operating CF (SEK) Total Liabilities YoY Change
2024 0.73x Skr751.00 Million Skr1.03 Billion ▼ -1.1%
2023 0.73x Skr646.00 Million Skr880.00 Million ▲ +70.0%
2022 0.43x Skr441.00 Million Skr1.02 Billion ▲ +35.0%
2021 0.32x Skr316.37 Million Skr989.44 Million ▼ -46.0%
2020 0.59x Skr273.52 Million Skr462.17 Million ▼ -12.9%
2019 0.68x Skr184.78 Million Skr271.95 Million ▲ +52.6%
2018 0.45x Skr105.33 Million Skr236.53 Million ▲ +8.6%
2017 0.41x Skr91.84 Million Skr224.06 Million ▼ -18.0%
2016 0.50x Skr48.92 Million Skr97.84 Million ▼ -31.8%
2015 0.73x Skr53.96 Million Skr73.56 Million ▲ +45.9%
2014 0.50x Skr23.05 Million Skr45.83 Million ▼ -62.6%
2013 1.35x Skr17.57 Million Skr13.06 Million ▲ +44.5%
2012 0.93x Skr8.60 Million Skr9.24 Million ▲ +12.7%
2011 0.83x Skr6.06 Million Skr7.34 Million ▲ +20.9%
2010 0.68x Skr3.26 Million Skr4.77 Million ▲ +227.3%
2009 -0.54x Skr-3.77 Million Skr7.02 Million ▲ +83.9%
2008 -3.32x Skr-15.00 Million Skr4.51 Million —
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.