Is Norsk Hydro financially healthy?
Yes
Norsk Hydro could pay off all its debt with 0.8 years of earnings.
The numbers behind it
Net debt / EBITDA0.8 years
Cash vs. debtNOK 16.1B vs. NOK 36.6B
Current ratio1.7×Short-term assets for each NOK 1 of bills due within a year
Interest coverage6.3×How many times operating profit covers the interest bill
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about Norsk Hydro
Data as of Nov 13, 2026.