NORTHERN OCEAN LTD. (4JO) — Financial Flexibility Index
NORTHERN OCEAN LTD. (4JO) has a Financial Flexibility Index of -0.03x as of March 2026. Free cash flow of €-4.38 Million (operating CF €-6.91 Million minus capex €2.53 Million) represents 0% of total liabilities (€151.82 Million). For the full cash flow conversion analysis, see cash efficiency ratio of NORTHERN OCEAN LTD..
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 4JO intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Financial Flexibility Index for NORTHERN OCEAN LTD. (2021–2025)
Year-by-year free cash flow to debt coverage for NORTHERN OCEAN LTD.. Check 4JO total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
| 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 | — |