Northern Data AG (NB2) — Cash Flow-to-Debt Ratio
Northern Data AG (NB2) has a Cash Flow-to-Debt Ratio of -0.06x as of December 2023, meaning its operating cash flow of €-17.60 Million could theoretically repay 0% of its total liabilities (€300.70 Million) in one year. See NB2 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
Northern Data AG Cash Flow-to-Debt Ratio (2015–2025)
Historical debt coverage capacity for Northern Data AG across 11 annual periods. For the full cash flow conversion analysis, see Northern Data AG (NB2) cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Northern Data AG (2015–2025)
Year-by-year debt coverage analysis for Northern Data AG. Check cash flow quality index of Northern Data AG to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (EUR) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | 0.01x | €6.38 Million | €818.78 Million | ▲ +110.9% |
| 2024 | -0.07x | €-58.39 Million | €819.46 Million | ▼ -21.7% |
| 2023 | -0.06x | €-17.60 Million | €300.70 Million | ▼ -655.9% |
| 2022 | 0.01x | €960.00K | €91.18 Million | ▼ -97.8% |
| 2021 | 0.47x | €88.07 Million | €186.50 Million | ▼ -9.7% |
| 2020 | 0.52x | €183.48 Million | €350.99 Million | ▲ +278.9% |
| 2019 | -0.29x | €-6.01 Million | €20.56 Million | ▼ -308.6% |
| 2018 | 0.14x | €1.25 Million | €8.92 Million | ▲ +1716.1% |
| 2017 | 0.01x | €11.47K | €1.49 Million | ▼ -59.9% |
| 2016 | 0.02x | €11.86K | €616.54K | ▼ -25.9% |
| 2015 | 0.03x | €7.27K | €280.30K | — |