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

Latest as of September 2025: 0.008x

Based on the latest financial reports, Nordic American Tankers Limited (B3O) has a cash flow conversion efficiency ratio of 0.008x as of September 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 (€3.90 Million ≈ $4.56 Million USD) by net assets (€461.12 Million ≈ $539.10 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also explore Nordic American Tankers Limited assets under control for the complete picture of this company's asset base.

Nordic American Tankers Limited - Cash Flow Conversion Efficiency Trend (2013–2024)

This chart illustrates how Nordic American Tankers Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. For the full company profile with market capitalisation and key ratios, see Nordic American Tankers Limited (B3O) market capitalisation.

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
Chengdu Guibao Science Tech SHE:300019	0.079x
Jinzhou Jixiang Molybdenum Co Ltd SHG:603399	-0.010x
Medikaloka Hermina PT JK:HEAL	0.032x
Aktis Oncology, Inc. Common stock NASDAQ:AKTS	0.097x
Donnelley Financial Solutions Inc NYSE:DFIN	0.176x
Ho Chi Minh City Securities Corp VN:HCM	-0.525x
Rukun Raharja Tbk JK:RAJA	0.041x
Colorlight Cloud Tech Ltd. A SHE:301391	N/A

Annual Cash Flow Conversion Efficiency for Nordic American Tankers Limited (2013–2024)

The table below shows the annual cash flow conversion efficiency of Nordic American Tankers Limited from 2013 to 2024. See B3O total equity for net asset value and shareholders' equity analysis.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
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

$1.12 Billion

€960.92 Million EUR

Market Cap Rank

#8771 Global

#1125 in Germany

Share Price

€4.54

Change (1 day)

-2.20%

52-Week Range

€2.09 - €5.31

All Time High

€7.03