NorAm Drilling AS Financial Flexibility Index
NorAm Drilling AS 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). See TM9 cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of NorAm Drilling AS (2019–2025)
Financial flexibility index of NorAm Drilling AS from 2019 to 2025. Historical Financial Flexibility Index trend for NorAm Drilling AS across 7 annual periods. Check TM9 cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
NorAm Drilling AS Financial Flexibility Index by Year (2019–2025)
NorAm Drilling AS financial flexibility index by year from 2019 to 2025. Year-by-year free cash flow to debt coverage for NorAm Drilling AS. For the full cash flow conversion analysis, see TM9 cash flow conversion.
| 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 | — |