Northwest Pipe Company (NWPX) — Financial Flexibility Index

Latest as of March 2026: 0.14x

Northwest Pipe Company (NWPX) has a Financial Flexibility Index of 0.14x as of March 2026. Free cash flow of $32.73 Million (operating CF $29.27 Million minus capex $3.47 Million) represents 0% of total liabilities ($230.41 Million). Check NWPX cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.14x
Free Cash Flow / Total Liabilities

Free Cash Flow

$32.73 Million
Operating CF − Capex

Total Liabilities

$230.41 Million
USD

Capital Expenditures

$3.47 Million
USD

Northwest Pipe Company Financial Flexibility Index (1994–2025)

Historical Financial Flexibility Index trend for Northwest Pipe Company across 32 annual periods. For the full cash flow conversion analysis, see how efficiently does Northwest Pipe Company generate cash.

Annual Financial Flexibility Index for Northwest Pipe Company (1994–2025)

Year-by-year free cash flow to debt coverage for Northwest Pipe Company. Explore Northwest Pipe Company cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.47x $87.46 Million $67.28 Million $184.85 Million ▲ +34.5%
2024 0.35x $75.85 Million $55.05 Million $215.65 Million ▲ +26.2%
2023 0.28x $71.75 Million $53.45 Million $257.52 Million ▲ +93.8%
2022 0.14x $40.70 Million $17.54 Million $283.07 Million ▲ +410.0%
2021 0.03x $7.45 Million $-5.81 Million $264.30 Million ▼ -95.9%
2020 0.68x $70.43 Million $56.09 Million $103.39 Million ▼ -17.8%
2019 0.83x $51.47 Million $42.89 Million $62.09 Million ▲ +399.5%
2018 -0.28x $-14.60 Million $-18.40 Million $52.76 Million ▼ -78.2%
2017 -0.16x $-4.67 Million $-7.52 Million $30.06 Million ▼ -231.8%
2016 0.12x $3.81 Million $1.52 Million $32.34 Million ▼ -92.3%
2015 1.52x $63.72 Million $55.21 Million $41.82 Million ▲ +228.2%
2014 0.46x $49.33 Million $35.04 Million $106.25 Million ▲ +64.2%
2013 0.28x $48.54 Million $20.09 Million $171.61 Million ▼ -24.8%
2012 0.38x $61.28 Million $44.49 Million $162.99 Million ▲ +127.5%
2011 0.17x $28.61 Million $12.28 Million $173.11 Million ▲ +976.5%
2010 -0.02x $-3.57 Million $-22.17 Million $189.56 Million ▼ -102.7%
2009 0.70x $101.88 Million $79.19 Million $144.94 Million ▲ +610.6%
2008 0.10x $21.55 Million $-59.00K $217.87 Million ▼ -54.2%
2007 0.22x $42.65 Million $19.32 Million $197.28 Million ▼ -30.7%
2006 0.31x $60.39 Million $1.96 Million $193.62 Million ▲ +159.1%
2005 0.12x $21.55 Million $3.05 Million $179.02 Million ▲ +1259.2%
2004 0.01x $1.69 Million $-10.30 Million $191.25 Million ▼ -94.2%
2003 0.15x $22.50 Million $11.38 Million $148.36 Million ▼ -55.2%
2002 0.34x $54.03 Million $25.21 Million $159.58 Million ▲ +83.8%
2001 0.18x $27.32 Million $15.14 Million $148.34 Million ▲ +6358.2%
2000 0.00x $-516.00K $-11.49 Million $175.31 Million ▼ -101.3%
1999 0.23x $34.00 Million $15.20 Million $151.10 Million ▼ -44.4%
1998 0.40x $60.90 Million $-3.10 Million $150.50 Million ▲ +54.1%
1997 0.26x $16.10 Million $-4.30 Million $61.30 Million ▼ -54.9%
1996 0.58x $24.30 Million $7.00 Million $41.70 Million ▲ +180.4%
1995 0.21x $6.40 Million $3.80 Million $30.80 Million ▲ +1076.6%
1994 0.02x $800.00K $-900.00K $45.30 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities