Norwegian Air Shuttle ASA Financial Flexibility Index
Norwegian Air Shuttle ASA financial flexibility index. Norwegian Air Shuttle ASA (NAS) has a Financial Flexibility Index of 0.25x as of June 2025. Free cash flow of Nkr9.66 Billion (operating CF Nkr6.45 Billion minus capex Nkr3.22 Billion) represents 0% of total liabilities (Nkr38.28 Billion). Explore NAS capital expenditure intensity 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 Norwegian Air Shuttle ASA (2002–2024)
Financial flexibility index of Norwegian Air Shuttle ASA from 2002 to 2024. Historical Financial Flexibility Index trend for Norwegian Air Shuttle ASA across 23 annual periods. Check NAS cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Norwegian Air Shuttle ASA Financial Flexibility Index by Year (2002–2024)
Norwegian Air Shuttle ASA financial flexibility index by year from 2002 to 2024. Year-by-year free cash flow to debt coverage for Norwegian Air Shuttle ASA. For the full cash flow conversion analysis, see Norwegian Air Shuttle ASA (NAS) cash conversion ratio.
| Year | Flexibility Index | Free Cash Flow (NOK) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.27x | Nkr8.25 Billion | Nkr6.95 Billion | Nkr30.36 Billion | ▲ +15.3% |
| 2023 | 0.24x | Nkr5.84 Billion | Nkr5.26 Billion | Nkr24.78 Billion | ▲ +32.0% |
| 2022 | 0.18x | Nkr3.30 Billion | Nkr2.43 Billion | Nkr18.47 Billion | ▲ +1706.2% |
| 2021 | 0.01x | Nkr153.90 Million | Nkr139.10 Million | Nkr15.56 Billion | ▲ +140.9% |
| 2020 | -0.02x | Nkr-1.36 Billion | Nkr-1.39 Billion | Nkr56.18 Billion | ▼ -149.3% |
| 2019 | 0.05x | Nkr3.98 Billion | Nkr3.04 Billion | Nkr81.22 Billion | ▼ -78.2% |
| 2018 | 0.23x | Nkr12.22 Billion | Nkr462.70 Million | Nkr54.28 Billion | ▼ -17.6% |
| 2017 | 0.27x | Nkr11.32 Billion | Nkr2.90 Billion | Nkr41.42 Billion | ▼ -16.8% |
| 2016 | 0.33x | Nkr11.08 Billion | Nkr3.05 Billion | Nkr33.71 Billion | ▲ +24.5% |
| 2015 | 0.26x | Nkr7.56 Billion | Nkr2.36 Billion | Nkr28.67 Billion | ▲ +2.5% |
| 2014 | 0.26x | Nkr5.30 Billion | Nkr287.10 Million | Nkr20.60 Billion | ▼ -30.1% |
| 2013 | 0.37x | Nkr4.42 Billion | Nkr2.38 Billion | Nkr12.01 Billion | ▼ -26.9% |
| 2012 | 0.50x | Nkr4.79 Billion | Nkr2.02 Billion | Nkr9.50 Billion | ▲ +24.2% |
| 2011 | 0.41x | Nkr2.86 Billion | Nkr673.97 Million | Nkr7.06 Billion | ▼ -26.0% |
| 2010 | 0.55x | Nkr2.64 Billion | Nkr804.63 Million | Nkr4.82 Billion | ▼ -14.2% |
| 2009 | 0.64x | Nkr2.18 Billion | Nkr913.82 Million | Nkr3.42 Billion | ▲ +272.8% |
| 2008 | 0.17x | Nkr390.73 Million | Nkr-385.55 Million | Nkr2.28 Billion | ▼ -40.5% |
| 2007 | 0.29x | Nkr524.81 Million | Nkr457.93 Million | Nkr1.82 Billion | ▼ -28.0% |
| 2006 | 0.40x | Nkr320.52 Million | Nkr75.56 Million | Nkr801.22 Million | ▲ +59.7% |
| 2005 | 0.25x | Nkr133.81 Million | Nkr95.36 Million | Nkr534.24 Million | ▲ +237.7% |
| 2004 | -0.18x | Nkr-54.13 Million | Nkr-90.85 Million | Nkr297.63 Million | ▼ -152.2% |
| 2003 | 0.35x | Nkr90.93 Million | Nkr61.50 Million | Nkr260.95 Million | ▲ +189.7% |
| 2002 | 0.12x | Nkr17.95 Million | Nkr-4.54 Million | Nkr149.22 Million | — |