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 NAT days of operational coverage to measure how many days the company can operate on defensive assets alone.
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.
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 |
|---|---|
|
Tianjin Benefo Tejing Electric Co Ltd
SHG:600468
|
0.001x |
|
Shanghai Jiao Yun Group Co Ltd
SHG:600676
|
0.026x |
|
Emerald Expositions Events Inc
NYSE:EEX
|
0.005x |
|
Otokar Otomotiv ve Savunma Sanayi AS
IS:OTKAR
|
-0.207x |
|
Quidel Corporation
NASDAQ:QDEL
|
0.069x |
|
Shanghai Chengdi Constr Co
SHG:603887
|
0.206x |
|
Econergy Renewable Energy Ltd
TA:ECNR
|
-0.003x |
|
Sungho Electronics Corp
KQ:043260
|
0.063x |
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 market cap of Nordic American Tankers Limited.
| 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.