Zenith Energy Ltd (ZENA) — Financial Flexibility Index

Latest as of September 2025: -0.11x

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). Also explore net asset growth rate of Zenith Energy Ltd to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

-0.11x
Free Cash Flow / Total Liabilities

Free Cash Flow

Nkr-11.19 Million
Operating CF − Capex

Total Liabilities

Nkr103.26 Million
NOK

Capital Expenditures

Nkr573.00K
NOK

Zenith Energy Ltd Financial Flexibility Index (2009–2025)

Historical Financial Flexibility Index trend for Zenith Energy Ltd across 17 annual periods. Check ZENA strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for Zenith Energy Ltd (2009–2025)

Year-by-year free cash flow to debt coverage for Zenith Energy Ltd. For the full company profile including market capitalisation, see ZENA market cap.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities