NORTHERN OCEAN LTD. (4JO) — Financial Flexibility Index
NORTHERN OCEAN LTD. (4JO) has a Financial Flexibility Index of -0.14x as of June 2026. Free cash flow of €-24.40 Million (operating CF €-28.93 Million minus capex €4.54 Million) represents 0% of total liabilities (€178.21 Million). Explore capital reinvestment ratio of NORTHERN OCEAN LTD. to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
NORTHERN OCEAN LTD. Financial Flexibility Index (2021–2025)
Historical Financial Flexibility Index trend for NORTHERN OCEAN LTD. across 5 annual periods. Check NORTHERN OCEAN LTD. (4JO) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Financial Flexibility Index for NORTHERN OCEAN LTD. (2021–2025)
Year-by-year free cash flow to debt coverage for NORTHERN OCEAN LTD.. For the full cash flow conversion analysis, see 4JO cash generation efficiency.
| Year | Flexibility Index | Free Cash Flow (EUR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.32x | €52.16 Million | €-602.00K | €161.97 Million | ▲ +424.2% |
| 2024 | 0.06x | €35.97 Million | €-19.44 Million | €585.40 Million | ▲ +107.0% |
| 2023 | 0.03x | €18.37 Million | €-30.59 Million | €618.88 Million | ▲ +133.7% |
| 2022 | -0.09x | €-48.14 Million | €-52.81 Million | €546.98 Million | ▼ -96.3% |
| 2021 | -0.04x | €-21.60 Million | €-21.81 Million | €481.92 Million | — |