Elkem ASA (ELK) — 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). Check ELK strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Elkem ASA Financial Flexibility Index (2014–2025)
Historical Financial Flexibility Index trend for Elkem ASA across 12 annual periods. See ELK current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Elkem ASA (2014–2025)
Year-by-year free cash flow to debt coverage for Elkem ASA. For the full company profile including market capitalisation, see how much is Elkem ASA worth.
| 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 | — |