Green Hydrogen Systems AS (GREENH) — Financial Flexibility Index

Latest as of June 2024: -0.06x

Green Hydrogen Systems AS (GREENH) has a Financial Flexibility Index of -0.06x as of June 2024. Free cash flow of Dkr-95.12 Million (operating CF Dkr-96.55 Million minus capex Dkr1.43 Million) represents 0% of total liabilities (Dkr1.54 Billion). Check GREENH cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

-0.06x
Free Cash Flow / Total Liabilities

Free Cash Flow

Dkr-95.12 Million
Operating CF − Capex

Total Liabilities

Dkr1.54 Billion
DKK

Capital Expenditures

Dkr1.43 Million
DKK

Green Hydrogen Systems AS Financial Flexibility Index (2018–2023)

Historical Financial Flexibility Index trend for Green Hydrogen Systems AS across 6 annual periods. For the full cash flow conversion analysis, see GREENH cash generation efficiency.

Annual Financial Flexibility Index for Green Hydrogen Systems AS (2018–2023)

Year-by-year free cash flow to debt coverage for Green Hydrogen Systems AS. Explore Green Hydrogen Systems AS debt service capacity to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (DKK) Operating CF Total Liabilities YoY Change
2023 0.00x Dkr-1.09 Million Dkr-280.22 Million Dkr1.48 Billion ▼ -104.3%
2022 0.02x Dkr11.75 Million Dkr-283.87 Million Dkr687.93 Million ▼ -94.3%
2021 0.30x Dkr36.91 Million Dkr-155.39 Million Dkr123.16 Million ▲ +1000.6%
2020 0.03x Dkr6.45 Million Dkr-25.17 Million Dkr236.97 Million ▲ +102.7%
2019 -0.99x Dkr-20.27 Million Dkr-21.68 Million Dkr20.38 Million ▼ -667.0%
2018 0.18x Dkr2.52 Million Dkr-1.30 Million Dkr14.36 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities