Nordic American Tankers Limited (B3O) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.035x

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 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

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.

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
Trican Well Service Ltd. TO:TCW	0.127x
BTS Group Holdings Public Company Limited BK:BTS	0.332x
Lontium Semiconductor Corp. A SHG:688486	N/A
Fujian Forecam Optics Co Ltd SHG:688010	-0.019x
Shenzhen Chengtian Weiye Technology Co Ltd SHE:300689	0.008x
Artivion Inc NYSE:AORT	0.003x
I.E.S Holdings Ltd TA:IES	0.006x
CONMED Corporation NYSE:CNMD	0.013x

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 B3O market cap.

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

F:B3O Germany Oil & Gas Midstream

Market Cap

$1.15 Billion

€982.95 Million EUR

Market Cap Rank

#8915 Global

#1140 in Germany

Share Price

€4.64

Change (1 day)

-0.43%

52-Week Range

€2.20 - €5.31

All Time High

€7.03