Northann Corp. (NCLX) — Financial Flexibility Index

Latest as of March 2026: -0.10x

Northann Corp. (NCLX) has a Financial Flexibility Index of -0.10x as of March 2026. Free cash flow of $-1.19 Million (operating CF $-1.40 Million minus capex $210.58K) represents 0% of total liabilities ($12.34 Million). Check how tangible is Northann Corp.'s equity to evaluate the tangible quality of the company's equity base.

Financial Flexibility Index

-0.10x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-1.19 Million
Operating CF − Capex

Total Liabilities

$12.34 Million
USD

Capital Expenditures

$210.58K
USD

Northann Corp. Financial Flexibility Index (2022–2025)

Historical Financial Flexibility Index trend for Northann Corp. across 4 annual periods. For the full cash flow conversion analysis, see how efficiently does Northann Corp. generate cash.

Annual Financial Flexibility Index for Northann Corp. (2022–2025)

Year-by-year free cash flow to debt coverage for Northann Corp.. Explore how well can Northann Corp. service its debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 -0.42x $-4.79 Million $-5.68 Million $11.43 Million ▼ -404.1%
2024 -0.08x $-937.13K $-1.23 Million $11.28 Million ▲ +76.8%
2023 -0.36x $-4.68 Million $-4.68 Million $13.04 Million ▼ -51.6%
2022 -0.24x $-2.94 Million $-3.43 Million $12.44 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities