NorAm Drilling AS (TM9) — Financial Flexibility Index
Latest as of December 2025:
0.28x
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).
Financial Flexibility Index
0.28x
Free Cash Flow / Total Liabilities
Free Cash Flow
€5.63 Million
Operating CF − Capex
Total Liabilities
€20.14 Million
EUR
Capital Expenditures
€362.00K
EUR
NorAm Drilling AS Financial Flexibility Index (2019–2025)
Historical Financial Flexibility Index trend for NorAm Drilling AS across 7 annual periods. See how liquid is NorAm Drilling AS's working capital to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for NorAm Drilling AS (2019–2025)
Year-by-year free cash flow to debt coverage for NorAm Drilling AS. For the full company profile including market capitalisation, see NorAm Drilling AS market cap and net worth.
| 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 | — |
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities