Northern Ocean Ltd Financial Flexibility Index
Northern Ocean Ltd financial flexibility index. Northern Ocean Ltd (NOL) has a Financial Flexibility Index of 0.05x as of September 2025. Free cash flow of Nkr34.52 Million (operating CF Nkr28.84 Million minus capex Nkr5.69 Million) represents 0% of total liabilities (Nkr662.45 Million). Explore Northern Ocean Ltd capital reinvestment ratio 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 Northern Ocean Ltd (2018–2024)
Financial flexibility index of Northern Ocean Ltd from 2018 to 2024. Historical Financial Flexibility Index trend for Northern Ocean Ltd across 7 annual periods. Check how aggressively does Northern Ocean Ltd reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Northern Ocean Ltd Financial Flexibility Index by Year (2018–2024)
Northern Ocean Ltd financial flexibility index by year from 2018 to 2024. Year-by-year free cash flow to debt coverage for Northern Ocean Ltd. For the full cash flow conversion analysis, see Northern Ocean Ltd cash conversion from operations.
| Year | Flexibility Index | Free Cash Flow (NOK) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.06x | Nkr35.97 Million | Nkr-19.44 Million | Nkr585.40 Million | ▲ +107.0% |
| 2023 | 0.03x | Nkr18.37 Million | Nkr-30.59 Million | Nkr618.88 Million | ▲ +133.7% |
| 2022 | -0.09x | Nkr-48.14 Million | Nkr-52.81 Million | Nkr546.98 Million | ▼ -96.3% |
| 2021 | -0.04x | Nkr-21.60 Million | Nkr-21.81 Million | Nkr481.92 Million | ▼ -150.4% |
| 2020 | 0.09x | Nkr55.78 Million | Nkr14.49 Million | Nkr627.55 Million | ▼ -77.0% |
| 2019 | 0.39x | Nkr215.34 Million | Nkr-15.42 Million | Nkr558.03 Million | ▲ +29.8% |
| 2018 | 0.30x | Nkr182.16 Million | Nkr-326.00K | Nkr612.74 Million | — |