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

Latest as of June 2026: 0.144x

Based on the latest financial reports, Nordic American Tankers Limited (B3O) has a cash flow conversion efficiency ratio of 0.144x as of June 2026. 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 (€68.82 Million ≈ $80.46 Million USD) by net assets (€477.62 Million ≈ $558.39 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 see market cap of Nordic American Tankers Limited for the company's overall valuation and market capitalisation.

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. Explore B3O operating cash flow to net income to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Greenbrier Companies Inc NYSE:GBX	0.092x
Hisense Home Appliances Group Co. Ltd F:GKE	0.212x
American Assets Trust Inc NYSE:AAT	0.036x
Sky Gold Limited NSE:SKYGOLD	-0.097x
Vor Biopharma Inc NASDAQ:VOR	0.128x
Telling Telecommunication Holding Co Ltd SHE:000829	-0.229x
Taihan Fiber Optics Co. Ltd KQ:010170	0.027x
Wacker Neuson SE F:WAC	0.041x

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. View B3O share price today for real-time trading data and today's change.

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

$1.62 Billion

€1.39 Billion EUR

Market Cap Rank

#7724 Global

#1048 in Germany

Share Price

€6.56

Change (1 day)

+2.42%

52-Week Range

€2.59 - €6.56

All Time High

€7.03