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). Also explore TM9 net assets growth trend to track the company's year-over-year net asset growth rate.
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. See NorAm Drilling AS (TM9) balance sheet quality index to measure how much of total assets are equity-financed.
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 (TM9) total market value.
| 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 | — |