Elkem ASA Financial Flexibility Index
Elkem ASA financial flexibility index. Elkem ASA (ELK) has a Financial Flexibility Index of 0.05x as of December 2025. Free cash flow of Nkr1.14 Billion (operating CF Nkr555.00 Million minus capex Nkr580.00 Million) represents 0% of total liabilities (Nkr23.46 Billion). Explore Elkem ASA capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Financial Flexibility Index of Elkem ASA (2014–2025)
Financial flexibility index of Elkem ASA from 2014 to 2025. Historical Financial Flexibility Index trend for Elkem ASA across 12 annual periods. Check cash flow reinvestment rate of Elkem ASA to assess the company's total reinvestment commitment from operating cash flow.
Elkem ASA Financial Flexibility Index by Year (2014–2025)
Elkem ASA financial flexibility index by year from 2014 to 2025. Year-by-year free cash flow to debt coverage for Elkem ASA. For the full cash flow conversion analysis, see ELK cash generation efficiency.
| Year | Flexibility Index | Free Cash Flow (NOK) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.15x | Nkr3.50 Billion | Nkr1.18 Billion | Nkr23.46 Billion | ▼ -24.8% |
| 2024 | 0.20x | Nkr5.43 Billion | Nkr2.03 Billion | Nkr27.41 Billion | ▼ -50.6% |
| 2023 | 0.40x | Nkr10.45 Billion | Nkr5.08 Billion | Nkr26.04 Billion | ▼ -28.8% |
| 2022 | 0.56x | Nkr13.53 Billion | Nkr9.31 Billion | Nkr24.01 Billion | ▲ +51.4% |
| 2021 | 0.37x | Nkr8.18 Billion | Nkr4.91 Billion | Nkr21.98 Billion | ▲ +52.4% |
| 2020 | 0.24x | Nkr4.46 Billion | Nkr2.11 Billion | Nkr18.25 Billion | ▼ -1.5% |
| 2019 | 0.25x | Nkr3.98 Billion | Nkr1.84 Billion | Nkr16.05 Billion | ▼ -32.3% |
| 2018 | 0.37x | Nkr6.38 Billion | Nkr4.46 Billion | Nkr17.41 Billion | ▲ +19.1% |
| 2017 | 0.31x | Nkr2.46 Billion | Nkr1.53 Billion | Nkr8.02 Billion | ▲ +9.8% |
| 2016 | 0.28x | Nkr2.06 Billion | Nkr1.30 Billion | Nkr7.35 Billion | ▼ -19.4% |
| 2015 | 0.35x | Nkr2.89 Billion | Nkr1.82 Billion | Nkr8.31 Billion | ▲ +123.5% |
| 2014 | 0.16x | Nkr1.53 Billion | Nkr674.29 Million | Nkr9.81 Billion | — |