NORDIC AMER TANKER
NORDIC AMER TANKER operates in Diversified Metals & Mining.
NORDIC AMER TANKER (B3O) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.062x
Based on the latest financial reports, NORDIC AMER TANKER (B3O) has a cash flow conversion efficiency ratio of 0.062x as of June 2024.
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 (€32.76 Million) by net assets (€525.85 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
NORDIC AMER TANKER - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how NORDIC AMER TANKER's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
NORDIC AMER TANKER Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of NORDIC AMER TANKER ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SANLAM
BE:LA6A
|
N/A |
|
ATRESMEDIA
MU:YT2A
|
0.081x |
|
GULF SHORES RES
BE:GUL
|
N/A |
|
Ggumbi Inc.
KO:407400
|
N/A |
|
B2GOLD
MU:5BG
|
-0.005x |
|
The Fresh Factory B.C. Ltd.
V:FRSH
|
0.147x |
|
BOC HONG KONG
MU:BOF
|
N/A |
|
DAIO PAPER CORP
BE:DPR
|
N/A |
Annual Cash Flow Conversion Efficiency for NORDIC AMER TANKER (2016–2023)
The table below shows the annual cash flow conversion efficiency of NORDIC AMER TANKER from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €538.30 Million | €139.44 Million | 0.259x | +479.60% |
| 2022-12-31 | €539.98 Million | €24.13 Million | 0.045x | +150.09% |
| 2021-12-31 | €498.22 Million | €-44.46 Million | -0.089x | -148.19% |
| 2020-12-31 | €599.13 Million | €110.94 Million | 0.185x | +108.59% |
| 2019-12-31 | €595.42 Million | €52.86 Million | 0.089x | +431.89% |
| 2018-12-31 | €602.03 Million | €-16.10 Million | -0.027x | -159.92% |
| 2017-12-31 | €711.06 Million | €31.74 Million | 0.045x | -69.57% |
| 2016-12-31 | €871.05 Million | €127.79 Million | 0.147x | -- |