Norsk Hydro ASA (NOHA) — Financial Flexibility Index

Latest as of March 2026: 0.01x

Norsk Hydro ASA (NOHA) has a Financial Flexibility Index of 0.01x as of March 2026. Free cash flow of €861.00 Million (operating CF €-1.89 Billion minus capex €2.75 Billion) represents 0% of total liabilities (€96.92 Billion). Check Norsk Hydro ASA investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.01x
Free Cash Flow / Total Liabilities

Free Cash Flow

€861.00 Million
Operating CF − Capex

Total Liabilities

€96.92 Billion
EUR

Capital Expenditures

€2.75 Billion
EUR

Norsk Hydro ASA Financial Flexibility Index (2016–2025)

Historical Financial Flexibility Index trend for Norsk Hydro ASA across 10 annual periods. For the full cash flow conversion analysis, see NOHA operating cash flow.

Annual Financial Flexibility Index for Norsk Hydro ASA (2016–2025)

Year-by-year free cash flow to debt coverage for Norsk Hydro ASA. Explore Norsk Hydro ASA cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (EUR) Operating CF Total Liabilities YoY Change
2025 0.34x €34.89 Billion €23.31 Billion €101.20 Billion ▲ +19.2%
2024 0.29x €28.91 Billion €15.36 Billion €99.92 Billion ▼ -28.7%
2023 0.41x €40.31 Billion €27.31 Billion €99.28 Billion ▼ -5.3%
2022 0.43x €38.94 Billion €29.34 Billion €90.82 Billion ▲ +81.5%
2021 0.24x €20.35 Billion €14.33 Billion €86.13 Billion ▲ +12.4%
2020 0.21x €18.29 Billion €12.76 Billion €86.96 Billion ▼ -20.6%
2019 0.26x €21.28 Billion €12.55 Billion €80.32 Billion ▲ +32.2%
2018 0.20x €14.24 Billion €7.03 Billion €71.09 Billion ▼ -34.2%
2017 0.30x €21.64 Billion €14.35 Billion €71.08 Billion ▼ -22.4%
2016 0.39x €16.93 Billion €10.02 Billion €43.15 Billion
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities