NorAm Drilling AS (TM9) — Financial Flexibility Index
NorAm Drilling AS (TM9) has a Financial Flexibility Index of 0.28x as of December 2025. Free cash flow of €5.63 Million (operating CF €5.27 Million minus capex €362.00K) represents 0% of total liabilities (€20.14 Million). Check NorAm Drilling AS cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
NorAm Drilling AS Financial Flexibility Index (2019–2025)
Historical Financial Flexibility Index trend for NorAm Drilling AS across 7 annual periods. For the full cash flow conversion analysis, see cash flow conversion of NorAm Drilling AS.
Annual Financial Flexibility Index for NorAm Drilling AS (2019–2025)
Year-by-year free cash flow to debt coverage for NorAm Drilling AS. Explore TM9 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (EUR) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 1.16x | €23.45 Million | €21.97 Million | €20.14 Million | ▲ +18.0% |
| 2024 | 0.99x | €24.87 Million | €21.50 Million | €25.21 Million | ▼ -51.0% |
| 2023 | 2.01x | €51.50 Million | €46.52 Million | €25.57 Million | ▲ +250.4% |
| 2022 | 0.57x | €19.41 Million | €16.05 Million | €33.77 Million | ▲ +3488.0% |
| 2021 | 0.02x | €1.42 Million | €-1.96 Million | €88.34 Million | ▼ -82.5% |
| 2020 | 0.09x | €8.60 Million | €6.14 Million | €93.91 Million | ▼ -71.5% |
| 2019 | 0.32x | €31.39 Million | €17.92 Million | €97.51 Million | — |