Cavendish Hydrogen ASA (CAVEN) — Financial Flexibility Index

Latest as of September 2025: -0.37x

Cavendish Hydrogen ASA (CAVEN) has a Financial Flexibility Index of -0.37x as of September 2025. Free cash flow of Nkr-4.70 Million (operating CF Nkr-5.00 Million minus capex Nkr300.00K) represents 0% of total liabilities (Nkr12.70 Million). Check CAVEN total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

-0.37x
Free Cash Flow / Total Liabilities

Free Cash Flow

Nkr-4.70 Million
Operating CF − Capex

Total Liabilities

Nkr12.70 Million
NOK

Capital Expenditures

Nkr300.00K
NOK

Cavendish Hydrogen ASA Financial Flexibility Index (2021–2024)

Historical Financial Flexibility Index trend for Cavendish Hydrogen ASA across 4 annual periods. For the full cash flow conversion analysis, see Cavendish Hydrogen ASA (CAVEN) cash conversion ratio.

Annual Financial Flexibility Index for Cavendish Hydrogen ASA (2021–2024)

Year-by-year free cash flow to debt coverage for Cavendish Hydrogen ASA. Explore Cavendish Hydrogen ASA cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (NOK) Operating CF Total Liabilities YoY Change
2024 -0.73x Nkr-16.20 Million Nkr-24.03 Million Nkr22.20 Million ▼ -143.9%
2023 -0.30x Nkr-14.52 Million Nkr-18.81 Million Nkr48.53 Million ▲ +16.2%
2022 -0.36x Nkr-27.32 Million Nkr-32.18 Million Nkr76.52 Million ▼ -7.6%
2021 -0.33x Nkr-19.51 Million Nkr-25.28 Million Nkr58.80 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities