Nordic American Tankers Limited (B3O) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Nordic American Tankers Limited (B3O) has a cash flow conversion efficiency ratio of 0.035x as of December 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€15.40 Million ≈ $18.00 Million USD) by net assets (€445.52 Million ≈ $520.86 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Nordic American Tankers Limited balance sheet independence to measure how much of total assets are equity-financed.
Nordic American Tankers Limited - Cash Flow Conversion Efficiency Trend (2013–2025)
This chart illustrates how Nordic American Tankers Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Nordic American Tankers Limited cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Nordic American Tankers Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nordic American Tankers Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Giant Manufacturing Co Ltd
TW:9921
|
0.111x |
|
AVI Global Trust PLC
LSE:AGT
|
0.023x |
|
Priortech
TA:PRTC
|
0.000x |
|
Bittium Oyj
HE:BITTI
|
0.042x |
|
Topscore Fashion
SHG:603608
|
0.016x |
|
Burke & Herbert Financial Services Corp. Common Stock
NASDAQ:BHRB
|
0.046x |
|
HTC Corp
TW:2498
|
-0.016x |
|
Chimera Investment Corporation
NYSE:CIM
|
-0.059x |
Annual Cash Flow Conversion Efficiency for Nordic American Tankers Limited (2013–2025)
The table below shows the annual cash flow conversion efficiency of Nordic American Tankers Limited from 2013 to 2025. For the full company profile with market capitalisation and key ratios, see Nordic American Tankers Limited market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | €445.52 Million ≈ $520.86 Million |
€19.82 Million ≈ $23.18 Million |
0.044x | -82.33% |
| 2024-12-31 | €508.81 Million ≈ $594.86 Million |
€128.16 Million ≈ $149.83 Million |
0.252x | -2.77% |
| 2023-12-31 | €538.30 Million ≈ $629.33 Million |
€139.44 Million ≈ $163.03 Million |
0.259x | +479.60% |
| 2022-12-31 | €539.98 Million ≈ $631.30 Million |
€24.13 Million ≈ $28.22 Million |
0.045x | +155.30% |
| 2021-12-31 | €550.13 Million ≈ $643.16 Million |
€-44.46 Million ≈ $-51.98 Million |
-0.081x | -143.64% |
| 2020-12-31 | €599.13 Million ≈ $700.44 Million |
€110.94 Million ≈ $129.71 Million |
0.185x | +108.59% |
| 2019-12-31 | €595.42 Million ≈ $696.11 Million |
€52.86 Million ≈ $61.80 Million |
0.089x | +431.89% |
| 2018-12-31 | €602.03 Million ≈ $703.84 Million |
€-16.10 Million ≈ $-18.83 Million |
-0.027x | -159.92% |
| 2017-12-31 | €711.06 Million ≈ $831.31 Million |
€31.74 Million ≈ $37.11 Million |
0.045x | -69.57% |
| 2016-12-31 | €871.05 Million ≈ $1.02 Billion |
€127.79 Million ≈ $149.40 Million |
0.147x | -25.91% |
| 2015-12-31 | €880.72 Million ≈ $1.03 Billion |
€174.39 Million ≈ $203.88 Million |
0.198x | +206.22% |
| 2014-12-31 | €888.91 Million ≈ $1.04 Billion |
€57.48 Million ≈ $67.20 Million |
0.065x | +216.97% |
| 2013-12-31 | €854.98 Million ≈ $999.57 Million |
€-47.27 Million ≈ $-55.26 Million |
-0.055x | -- |
About Nordic American Tankers Limited
Nordic American Tankers Limited, a tanker company, owns, operates, and charters double-hull tankers in Bermuda and internationally. As of December 31, 2025, the company fleet consisted of 20 Suezmax crude oil tankers. It serves oil companies, oil traders, and other entities requiring crude oil transportation services. The company was formerly known as Nordic American Tanker Shipping Limited and c… Read more