Photocure (PHO) — Financial Flexibility Index
Photocure (PHO) has a Financial Flexibility Index of 0.23x as of June 2026. Free cash flow of Nkr67.97 Million (operating CF Nkr62.78 Million minus capex Nkr5.19 Million) represents 0% of total liabilities (Nkr294.67 Million). Check Photocure investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Photocure Financial Flexibility Index (2002–2025)
Historical Financial Flexibility Index trend for Photocure across 24 annual periods. For the full cash flow conversion analysis, see PHO cash generation efficiency.
Annual Financial Flexibility Index for Photocure (2002–2025)
Year-by-year free cash flow to debt coverage for Photocure. Explore debt repayment capacity of Photocure 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 | Nkr46.66 Million | Nkr25.96 Million | Nkr222.83 Million | ▼ -43.6% |
| 2024 | 0.37x | Nkr88.20 Million | Nkr76.75 Million | Nkr237.37 Million | ▲ +108.8% |
| 2023 | 0.18x | Nkr40.77 Million | Nkr29.39 Million | Nkr229.12 Million | ▲ +2766.8% |
| 2022 | 0.01x | Nkr1.59 Million | Nkr-2.02 Million | Nkr256.30 Million | ▼ -93.5% |
| 2021 | 0.10x | Nkr27.59 Million | Nkr23.89 Million | Nkr287.01 Million | ▲ +49.8% |
| 2020 | 0.06x | Nkr17.19 Million | Nkr15.59 Million | Nkr267.92 Million | ▼ -85.7% |
| 2019 | 0.45x | Nkr21.89 Million | Nkr20.66 Million | Nkr48.76 Million | ▲ +212.3% |
| 2018 | -0.40x | Nkr-21.93 Million | Nkr-24.12 Million | Nkr54.85 Million | ▼ -259.7% |
| 2017 | -0.11x | Nkr-5.00 Million | Nkr-23.59 Million | Nkr45.02 Million | ▼ -109.1% |
| 2016 | 1.22x | Nkr41.30 Million | Nkr19.19 Million | Nkr33.91 Million | ▲ +858.7% |
| 2015 | -0.16x | Nkr-6.10 Million | Nkr-21.03 Million | Nkr38.00 Million | ▲ +4.5% |
| 2014 | -0.17x | Nkr-5.13 Million | Nkr-6.09 Million | Nkr30.52 Million | ▲ +94.4% |
| 2013 | -3.02x | Nkr-98.57 Million | Nkr-99.72 Million | Nkr32.60 Million | ▼ -197.2% |
| 2012 | -1.02x | Nkr-53.62 Million | Nkr-54.93 Million | Nkr52.71 Million | ▼ -131.1% |
| 2011 | -0.44x | Nkr-30.75 Million | Nkr-34.47 Million | Nkr69.85 Million | ▼ -170.8% |
| 2010 | 0.62x | Nkr34.20 Million | Nkr15.60 Million | Nkr54.99 Million | ▼ -92.0% |
| 2009 | 7.74x | Nkr318.09 Million | Nkr317.44 Million | Nkr41.08 Million | ▲ +612.1% |
| 2008 | -1.51x | Nkr-57.69 Million | Nkr-59.68 Million | Nkr38.15 Million | ▲ +32.3% |
| 2007 | -2.23x | Nkr-92.51 Million | Nkr-95.66 Million | Nkr41.40 Million | ▼ -259.6% |
| 2006 | 1.40x | Nkr67.91 Million | Nkr66.33 Million | Nkr48.49 Million | ▲ +217.1% |
| 2005 | -1.20x | Nkr-68.44 Million | Nkr-70.54 Million | Nkr57.24 Million | ▼ -111.6% |
| 2004 | -0.57x | Nkr-49.82 Million | Nkr-50.25 Million | Nkr88.14 Million | ▲ +18.2% |
| 2003 | -0.69x | Nkr-70.12 Million | Nkr-70.51 Million | Nkr101.50 Million | ▼ -94.0% |
| 2002 | -0.36x | Nkr-47.02 Million | Nkr-50.91 Million | Nkr132.01 Million | — |