Havila Shipping ASA (HAVI) — Financial Flexibility Index

Latest as of March 2026: -0.01x

Havila Shipping ASA (HAVI) has a Financial Flexibility Index of -0.01x as of March 2026. Free cash flow of Nkr-12.85 Million (operating CF Nkr-12.85 Million minus capex Nkr0.00) represents 0% of total liabilities (Nkr1.18 Billion). Check Havila Shipping ASA total reinvestment intensity to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

-0.01x
Free Cash Flow / Total Liabilities

Free Cash Flow

Nkr-12.85 Million
Operating CF − Capex

Total Liabilities

Nkr1.18 Billion
NOK

Capital Expenditures

Nkr0.00
NOK

Havila Shipping ASA Financial Flexibility Index (2004–2025)

Historical Financial Flexibility Index trend for Havila Shipping ASA across 22 annual periods. For the full cash flow conversion analysis, see how efficiently does Havila Shipping ASA generate cash.

Annual Financial Flexibility Index for Havila Shipping ASA (2004–2025)

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

Year Flexibility Index Free Cash Flow (NOK) Operating CF Total Liabilities YoY Change
2025 0.21x Nkr248.83 Million Nkr248.83 Million Nkr1.16 Billion ▼ -12.5%
2024 0.24x Nkr288.39 Million Nkr229.64 Million Nkr1.18 Billion ▲ +141.3%
2023 0.10x Nkr143.88 Million Nkr95.77 Million Nkr1.42 Billion ▼ -19.8%
2022 0.13x Nkr264.84 Million Nkr216.78 Million Nkr2.10 Billion ▲ +30.8%
2021 0.10x Nkr186.96 Million Nkr126.47 Million Nkr1.94 Billion ▼ -0.9%
2020 0.10x Nkr212.54 Million Nkr134.50 Million Nkr2.18 Billion ▲ +148.7%
2019 0.04x Nkr176.64 Million Nkr95.04 Million Nkr4.51 Billion ▲ +378.1%
2018 0.01x Nkr34.79 Million Nkr-35.24 Million Nkr4.24 Billion ▲ +118.4%
2017 -0.04x Nkr-194.54 Million Nkr-227.13 Million Nkr4.37 Billion ▼ -165.5%
2016 0.07x Nkr419.34 Million Nkr409.84 Million Nkr6.17 Billion ▼ -8.6%
2015 0.07x Nkr448.25 Million Nkr361.71 Million Nkr6.03 Billion ▼ -20.7%
2014 0.09x Nkr595.37 Million Nkr376.72 Million Nkr6.35 Billion ▲ +35.4%
2013 0.07x Nkr437.67 Million Nkr309.39 Million Nkr6.32 Billion ▼ -15.0%
2012 0.08x Nkr543.89 Million Nkr196.09 Million Nkr6.68 Billion ▼ -54.2%
2011 0.18x Nkr1.09 Billion Nkr254.08 Million Nkr6.14 Billion ▼ -22.2%
2010 0.23x Nkr1.14 Billion Nkr76.79 Million Nkr4.99 Billion ▼ -53.7%
2009 0.49x Nkr1.88 Billion Nkr212.07 Million Nkr3.80 Billion ▲ +13.0%
2008 0.44x Nkr1.43 Billion Nkr212.96 Million Nkr3.26 Billion ▼ -33.9%
2007 0.66x Nkr1.69 Billion Nkr448.85 Million Nkr2.55 Billion ▲ +41.2%
2006 0.47x Nkr819.37 Million Nkr317.45 Million Nkr1.75 Billion ▼ -34.6%
2005 0.72x Nkr1.18 Billion Nkr175.15 Million Nkr1.65 Billion ▲ +476.5%
2004 0.12x Nkr68.70 Million Nkr54.31 Million Nkr552.30 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities