Zenith Energy Ltd (ZENA) — Financial Flexibility Index
Zenith Energy Ltd (ZENA) has a Financial Flexibility Index of -0.11x as of September 2025. Free cash flow of Nkr-11.19 Million (operating CF Nkr-11.76 Million minus capex Nkr573.00K) represents 0% of total liabilities (Nkr103.26 Million). Check Zenith Energy Ltd 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
Zenith Energy Ltd Financial Flexibility Index (2009–2025)
Historical Financial Flexibility Index trend for Zenith Energy Ltd across 17 annual periods. For the full cash flow conversion analysis, see Zenith Energy Ltd (ZENA) cash conversion ratio.
Annual Financial Flexibility Index for Zenith Energy Ltd (2009–2025)
Year-by-year free cash flow to debt coverage for Zenith Energy Ltd. Explore Zenith Energy Ltd (ZENA) debt coverage 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 | -0.11x | Nkr-10.55 Million | Nkr-10.97 Million | Nkr99.09 Million | ▼ -131.7% |
| 2024 | -0.05x | Nkr-4.14 Million | Nkr-4.19 Million | Nkr90.04 Million | ▲ +49.0% |
| 2023 | -0.09x | Nkr-15.41 Million | Nkr-15.84 Million | Nkr171.26 Million | ▼ -7.5% |
| 2022 | -0.08x | Nkr-13.07 Million | Nkr-13.13 Million | Nkr156.21 Million | ▲ +18.0% |
| 2021 | -0.10x | Nkr-9.76 Million | Nkr-9.81 Million | Nkr95.63 Million | ▲ +60.7% |
| 2020 | -0.26x | Nkr-10.71 Million | Nkr-12.06 Million | Nkr41.25 Million | ▼ -8611.8% |
| 2019 | 0.00x | Nkr-1.55 Million | Nkr-6.75 Million | Nkr519.61 Million | ▼ -127.5% |
| 2018 | 0.01x | Nkr5.54 Million | Nkr-430.00K | Nkr510.57 Million | ▲ +622.5% |
| 2017 | 0.00x | Nkr-1.05 Million | Nkr-1.46 Million | Nkr503.65 Million | ▲ +98.1% |
| 2016 | -0.11x | Nkr-2.06 Million | Nkr-2.47 Million | Nkr18.58 Million | ▼ -409.2% |
| 2015 | 0.04x | Nkr536.22K | Nkr-634.38K | Nkr14.96 Million | ▲ +153.2% |
| 2014 | -0.07x | Nkr-1.47 Million | Nkr-1.80 Million | Nkr21.86 Million | ▲ +69.3% |
| 2013 | -0.22x | Nkr-1.58 Million | Nkr-2.00 Million | Nkr7.21 Million | ▼ -3177.4% |
| 2012 | 0.01x | Nkr60.20K | Nkr-883.66K | Nkr8.45 Million | ▲ +102.8% |
| 2011 | -0.25x | Nkr-1.85 Million | Nkr-2.18 Million | Nkr7.29 Million | ▲ +91.9% |
| 2010 | -3.14x | Nkr-820.14K | Nkr-911.72K | Nkr261.57K | ▼ -176.1% |
| 2009 | 4.12x | Nkr501.41K | Nkr-379.74K | Nkr121.63K | — |