Thor Medical ASA (TRMED) — Financial Flexibility Index

Latest as of December 2025: 0.10x

Thor Medical ASA (TRMED) has a Financial Flexibility Index of 0.10x as of December 2025. Free cash flow of Nkr25.57 Million (operating CF Nkr-47.54 Million minus capex Nkr73.11 Million) represents 0% of total liabilities (Nkr252.64 Million). Check Thor Medical ASA tangible book value ratio to evaluate the tangible quality of the company's equity base.

Financial Flexibility Index

0.10x
Free Cash Flow / Total Liabilities

Free Cash Flow

Nkr25.57 Million
Operating CF − Capex

Total Liabilities

Nkr252.64 Million
NOK

Capital Expenditures

Nkr73.11 Million
NOK

Thor Medical ASA Financial Flexibility Index (2019–2025)

Historical Financial Flexibility Index trend for Thor Medical ASA across 7 annual periods. For the full cash flow conversion analysis, see Thor Medical ASA cash conversion from operations.

Annual Financial Flexibility Index for Thor Medical ASA (2019–2025)

Year-by-year free cash flow to debt coverage for Thor Medical ASA. Explore TRMED operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (NOK) Operating CF Total Liabilities YoY Change
2025 0.10x Nkr25.57 Million Nkr-47.54 Million Nkr252.64 Million ▲ +133.1%
2024 -0.31x Nkr-23.60 Million Nkr-23.70 Million Nkr77.30 Million ▲ +71.9%
2023 -1.09x Nkr-64.09 Million Nkr-64.09 Million Nkr58.91 Million ▲ +87.6%
2022 -8.81x Nkr-403.45 Million Nkr-409.08 Million Nkr45.80 Million ▼ -241.1%
2021 -2.58x Nkr-403.20 Million Nkr-403.46 Million Nkr156.16 Million ▲ +11.8%
2020 -2.93x Nkr-398.02 Million Nkr-398.21 Million Nkr135.94 Million ▲ +96.7%
2019 -89.60x Nkr-409.56 Million Nkr-410.62 Million Nkr4.57 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities