Norsk Hydro ASA (NHY) — Financial Flexibility Index
Norsk Hydro ASA (NHY) has a Financial Flexibility Index of 0.12x as of June 2026. Free cash flow of Nkr11.60 Billion (operating CF Nkr9.03 Billion minus capex Nkr2.57 Billion) represents 0% of total liabilities (Nkr97.89 Billion). Check Norsk Hydro ASA cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Norsk Hydro ASA Financial Flexibility Index (1991–2025)
Historical Financial Flexibility Index trend for Norsk Hydro ASA across 35 annual periods. For the full cash flow conversion analysis, see NHY operating cash flow.
Annual Financial Flexibility Index for Norsk Hydro ASA (1991–2025)
Year-by-year free cash flow to debt coverage for Norsk Hydro ASA. Explore NHY cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (NOK) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.34x | Nkr34.89 Billion | Nkr23.31 Billion | Nkr101.20 Billion | ▲ +19.2% |
| 2024 | 0.29x | Nkr28.91 Billion | Nkr15.36 Billion | Nkr99.92 Billion | ▼ -19.9% |
| 2023 | 0.36x | Nkr35.86 Billion | Nkr22.22 Billion | Nkr99.28 Billion | ▼ -15.9% |
| 2022 | 0.43x | Nkr39.00 Billion | Nkr29.39 Billion | Nkr90.82 Billion | ▲ +121.5% |
| 2021 | 0.19x | Nkr16.70 Billion | Nkr10.68 Billion | Nkr86.13 Billion | ▼ -14.9% |
| 2020 | 0.23x | Nkr19.80 Billion | Nkr13.52 Billion | Nkr86.96 Billion | ▼ -14.0% |
| 2019 | 0.26x | Nkr21.28 Billion | Nkr12.55 Billion | Nkr80.32 Billion | ▲ +32.2% |
| 2018 | 0.20x | Nkr14.24 Billion | Nkr7.03 Billion | Nkr71.09 Billion | ▼ -34.2% |
| 2017 | 0.30x | Nkr21.64 Billion | Nkr14.35 Billion | Nkr71.08 Billion | ▼ -22.4% |
| 2016 | 0.39x | Nkr16.93 Billion | Nkr10.02 Billion | Nkr43.15 Billion | ▼ -13.6% |
| 2015 | 0.45x | Nkr19.63 Billion | Nkr14.37 Billion | Nkr43.22 Billion | ▲ +127.3% |
| 2014 | 0.20x | Nkr9.26 Billion | Nkr5.96 Billion | Nkr46.33 Billion | ▲ +2.8% |
| 2013 | 0.19x | Nkr7.77 Billion | Nkr5.07 Billion | Nkr39.97 Billion | ▼ -4.4% |
| 2012 | 0.20x | Nkr8.69 Billion | Nkr5.43 Billion | Nkr42.71 Billion | ▼ -13.3% |
| 2011 | 0.23x | Nkr11.12 Billion | Nkr7.28 Billion | Nkr47.39 Billion | ▼ -12.9% |
| 2010 | 0.27x | Nkr8.50 Billion | Nkr6.36 Billion | Nkr31.54 Billion | ▲ +12.4% |
| 2009 | 0.24x | Nkr7.29 Billion | Nkr4.55 Billion | Nkr30.40 Billion | ▲ +53.5% |
| 2008 | 0.16x | Nkr6.41 Billion | Nkr2.92 Billion | Nkr41.02 Billion | ▼ -67.4% |
| 2007 | 0.48x | Nkr17.76 Billion | Nkr14.27 Billion | Nkr37.04 Billion | ▲ +13.8% |
| 2006 | 0.42x | Nkr57.57 Billion | Nkr39.02 Billion | Nkr136.58 Billion | ▲ +22.6% |
| 2005 | 0.34x | Nkr44.89 Billion | Nkr27.35 Billion | Nkr130.55 Billion | ▼ -27.5% |
| 2004 | 0.47x | Nkr53.89 Billion | Nkr37.58 Billion | Nkr113.64 Billion | ▲ +53.8% |
| 2003 | 0.31x | Nkr40.16 Billion | Nkr24.65 Billion | Nkr130.27 Billion | ▼ -3.0% |
| 2002 | 0.32x | Nkr41.24 Billion | Nkr21.72 Billion | Nkr129.81 Billion | ▼ -4.3% |
| 2001 | 0.33x | Nkr40.61 Billion | Nkr26.23 Billion | Nkr122.34 Billion | ▲ +9.3% |
| 2000 | 0.30x | Nkr37.55 Billion | Nkr25.61 Billion | Nkr123.64 Billion | ▲ +27.5% |
| 1999 | 0.24x | Nkr27.83 Billion | Nkr14.77 Billion | Nkr116.84 Billion | ▼ -14.8% |
| 1998 | 0.28x | Nkr20.87 Billion | Nkr8.52 Billion | Nkr74.64 Billion | ▼ -8.9% |
| 1997 | 0.31x | Nkr21.05 Billion | Nkr10.41 Billion | Nkr68.60 Billion | ▼ -20.4% |
| 1996 | 0.39x | Nkr22.21 Billion | Nkr11.35 Billion | Nkr57.58 Billion | ▲ +23.7% |
| 1995 | 0.31x | Nkr18.82 Billion | Nkr11.44 Billion | Nkr60.34 Billion | ▲ +38.2% |
| 1994 | 0.23x | Nkr13.93 Billion | Nkr7.07 Billion | Nkr61.75 Billion | ▼ -0.4% |
| 1993 | 0.23x | Nkr14.54 Billion | Nkr7.11 Billion | Nkr64.20 Billion | ▲ +7.6% |
| 1992 | 0.21x | Nkr13.52 Billion | Nkr6.50 Billion | Nkr64.25 Billion | ▼ -6.0% |
| 1991 | 0.22x | Nkr12.98 Billion | Nkr6.03 Billion | Nkr57.98 Billion | — |