Nel ASA (NEL) — Financial Flexibility Index

Latest as of June 2025: 0.01x

Nel ASA (NEL) has a Financial Flexibility Index of 0.01x as of June 2025. Free cash flow of Nkr17.01 Million (operating CF Nkr-110.97 Million minus capex Nkr127.98 Million) represents 0% of total liabilities (Nkr1.26 Billion). Also explore Nel ASA (NEL) equity growth momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.01x
Free Cash Flow / Total Liabilities

Free Cash Flow

Nkr17.01 Million
Operating CF − Capex

Total Liabilities

Nkr1.26 Billion
NOK

Capital Expenditures

Nkr127.98 Million
NOK

Nel ASA Financial Flexibility Index (2004–2024)

Historical Financial Flexibility Index trend for Nel ASA across 21 annual periods. Check NEL strategic asset allocation to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Nel ASA (2004–2024)

Year-by-year free cash flow to debt coverage for Nel ASA. For the full company profile including market capitalisation, see NEL market cap overview.

Year Flexibility Index Free Cash Flow (NOK) Operating CF Total Liabilities YoY Change
2024 0.33x Nkr438.73 Million Nkr-241.58 Million Nkr1.33 Billion ▲ +681.9%
2023 0.04x Nkr70.16 Million Nkr-669.67 Million Nkr1.66 Billion ▲ +115.4%
2022 -0.27x Nkr-411.84 Million Nkr-690.58 Million Nkr1.50 Billion ▼ -267.5%
2021 -0.07x Nkr-72.31 Million Nkr-449.46 Million Nkr968.28 Million ▼ -406.0%
2020 0.02x Nkr16.31 Million Nkr-215.89 Million Nkr668.38 Million ▲ +115.8%
2019 -0.15x Nkr-90.37 Million Nkr-209.23 Million Nkr584.05 Million ▼ -17.7%
2018 -0.13x Nkr-48.05 Million Nkr-142.57 Million Nkr365.42 Million ▼ -1.1%
2017 -0.13x Nkr-41.12 Million Nkr-113.02 Million Nkr316.27 Million ▼ -215.3%
2016 0.11x Nkr10.34 Million Nkr-34.17 Million Nkr91.66 Million ▲ +125.6%
2015 -0.44x Nkr-37.23 Million Nkr-37.81 Million Nkr84.64 Million ▼ -485.8%
2014 0.11x Nkr4.93 Million Nkr4.35 Million Nkr43.24 Million ▲ +102.1%
2013 -5.42x Nkr-35.49 Million Nkr-35.49 Million Nkr6.55 Million ▼ -88.8%
2012 -2.87x Nkr-37.50 Million Nkr-37.64 Million Nkr13.06 Million ▼ -3.7%
2011 -2.77x Nkr-37.73 Million Nkr-37.88 Million Nkr13.63 Million ▼ -76.6%
2010 -1.57x Nkr-34.66 Million Nkr-36.28 Million Nkr22.10 Million ▲ +21.8%
2009 -2.00x Nkr-34.29 Million Nkr-35.69 Million Nkr17.11 Million ▲ +32.3%
2008 -2.96x Nkr-31.06 Million Nkr-31.96 Million Nkr10.49 Million ▲ +5.7%
2007 -3.14x Nkr-28.56 Million Nkr-29.23 Million Nkr9.09 Million ▼ -62.9%
2006 -1.93x Nkr-18.58 Million Nkr-19.81 Million Nkr9.63 Million ▲ +50.8%
2005 -3.92x Nkr-17.00 Million Nkr-17.09 Million Nkr4.34 Million ▼ -84.9%
2004 -2.12x Nkr-7.88 Million Nkr-8.26 Million Nkr3.72 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities