Nordic American Tankers Limited (NAT) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Nordic American Tankers Limited (NAT) 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) by net assets ($461.12 Million). 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 (NAT) net asset quality to measure how much of total assets are equity-financed.
Nordic American Tankers Limited - Cash Flow Conversion Efficiency Trend (1997–2024)
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 earnings quality 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 |
|---|---|
|
HannStar Board Corp
TW:5469
|
-0.013x |
|
Emerald Expositions Events Inc
NYSE:EEX
|
0.005x |
|
Shaanxi Heimao Coking Co Ltd
SHG:601015
|
0.086x |
|
Permian Basin Royalty Trust
NYSE:PBT
|
72.978x |
|
Shenzhen MYS Environmental Protection & Technology Co Ltd
SHE:002303
|
0.003x |
|
Changjiang & Jinggong Steel Building Group Co Ltd
SHG:600496
|
0.037x |
|
SINOPEC Engineering (Group) Co. Ltd
F:1NS
|
-0.016x |
|
Maoye Commercial Co Ltd
SHG:600828
|
-0.003x |
Annual Cash Flow Conversion Efficiency for Nordic American Tankers Limited (1997–2024)
The table below shows the annual cash flow conversion efficiency of Nordic American Tankers Limited from 1997 to 2024. 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 |
|---|---|---|---|---|
| 2024-12-31 | $508.81 Million | $128.16 Million | 0.252x | -2.77% |
| 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 | -170.83% |
| 2017-12-31 | $840.52 Million | $31.74 Million | 0.038x | -74.26% |
| 2016-12-31 | $871.05 Million | $127.79 Million | 0.147x | -25.91% |
| 2015-12-31 | $880.72 Million | $174.39 Million | 0.198x | +203.87% |
| 2014-12-31 | $882.08 Million | $57.48 Million | 0.065x | +217.88% |
| 2013-12-31 | $854.98 Million | $-47.27 Million | -0.055x | -567.22% |
| 2012-12-31 | $809.38 Million | $-6.71 Million | -0.008x | +40.90% |
| 2011-12-31 | $867.56 Million | $-12.16 Million | -0.014x | -127.31% |
| 2010-12-31 | $992.96 Million | $50.97 Million | 0.051x | +7.09% |
| 2009-12-31 | $934.08 Million | $44.77 Million | 0.048x | -70.45% |
| 2008-12-31 | $788.59 Million | $127.90 Million | 0.162x | +30.32% |
| 2007-12-31 | $672.11 Million | $83.65 Million | 0.124x | -28.56% |
| 2006-12-31 | $611.95 Million | $106.61 Million | 0.174x | +26.55% |
| 2005-12-31 | $370.87 Million | $51.06 Million | 0.138x | -51.38% |
| 2004-12-31 | $221.87 Million | $62.82 Million | 0.283x | +0.12% |
| 2003-12-31 | $105.71 Million | $29.89 Million | 0.283x | +135.86% |
| 2002-12-31 | $106.35 Million | $12.75 Million | 0.120x | -63.03% |
| 2001-12-31 | $111.84 Million | $36.27 Million | 0.324x | +74.82% |
| 2000-12-31 | $130.80 Million | $24.26 Million | 0.186x | +98.00% |
| 1999-12-31 | $127.98 Million | $11.99 Million | 0.094x | -0.78% |
| 1998-12-31 | $135.33 Million | $12.78 Million | 0.094x | +28192.11% |
| 1997-12-31 | $169.50 Million | $56.57K | 0.000x | -- |
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, 2024, the company fleet consisted of 20 Suezmax crude oil tankers. Nordic American Tankers Limited was incorporated in 1995 and is based in Hamilton, Bermuda.