Norwegian Air Shuttle ASA (NAS) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Norwegian Air Shuttle ASA (NAS) has a cash flow conversion efficiency ratio of 1.090x as of June 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 (Nkr6.45 Billion ≈ $678.30 Million USD) by net assets (Nkr5.91 Billion ≈ $622.32 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See defensive interval ratio of Norwegian Air Shuttle ASA to measure how many days the company can operate on defensive assets alone.
Norwegian Air Shuttle ASA - Cash Flow Conversion Efficiency Trend (2002–2024)
This chart illustrates how Norwegian Air Shuttle ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Norwegian Air Shuttle ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Norwegian Air Shuttle ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Dongguan Tarry Electronics Co.Ltd
SHE:300976
|
0.018x |
|
SoftwareONE Holding AG
SW:SWON
|
0.185x |
|
Saurer Intelligent Technology Co Ltd Class A
SHG:600545
|
-0.003x |
|
Encore Capital Group Inc
NASDAQ:ECPG
|
0.080x |
|
Suzhou Good-Ark Electronics Co Ltd
SHE:002079
|
0.025x |
|
LANXESS AG UNSP.ADR 1/5
F:LX9B
|
0.013x |
|
SRH Total Return Fund Inc.
NYSE:STEW
|
0.015x |
|
Fujian Snowman Co Ltd
SHE:002639
|
-0.035x |
Annual Cash Flow Conversion Efficiency for Norwegian Air Shuttle ASA (2002–2024)
The table below shows the annual cash flow conversion efficiency of Norwegian Air Shuttle ASA from 2002 to 2024. For the full company profile with market capitalisation and key ratios, see NAS stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr7.24 Billion ≈ $761.93 Million |
Nkr6.95 Billion ≈ $730.92 Million |
0.959x | +5.33% |
| 2023-12-31 | Nkr5.77 Billion ≈ $607.44 Million |
Nkr5.26 Billion ≈ $553.24 Million |
0.911x | +57.82% |
| 2022-12-31 | Nkr4.20 Billion ≈ $442.32 Million |
Nkr2.43 Billion ≈ $255.25 Million |
0.577x | +1256.45% |
| 2021-12-31 | Nkr3.27 Billion ≈ $344.06 Million |
Nkr139.10 Million ≈ $14.64 Million |
0.043x | -79.74% |
| 2020-12-31 | Nkr-6.62 Billion ≈ $-697.03 Million |
Nkr-1.39 Billion ≈ $-146.36 Million |
0.210x | -71.49% |
| 2019-12-31 | Nkr4.12 Billion ≈ $434.06 Million |
Nkr3.04 Billion ≈ $319.66 Million |
0.736x | +171.30% |
| 2018-12-31 | Nkr1.70 Billion ≈ $179.36 Million |
Nkr462.70 Million ≈ $48.69 Million |
0.271x | -80.37% |
| 2017-12-31 | Nkr2.10 Billion ≈ $220.81 Million |
Nkr2.90 Billion ≈ $305.30 Million |
1.383x | +83.76% |
| 2016-12-31 | Nkr4.05 Billion ≈ $426.07 Million |
Nkr3.05 Billion ≈ $320.58 Million |
0.752x | -5.33% |
| 2015-12-31 | Nkr2.97 Billion ≈ $312.04 Million |
Nkr2.36 Billion ≈ $247.99 Million |
0.795x | +483.60% |
| 2014-12-31 | Nkr2.11 Billion ≈ $221.85 Million |
Nkr287.10 Million ≈ $30.21 Million |
0.136x | -84.26% |
| 2013-12-31 | Nkr2.75 Billion ≈ $289.36 Million |
Nkr2.38 Billion ≈ $250.32 Million |
0.865x | +3.58% |
| 2012-12-31 | Nkr2.42 Billion ≈ $254.72 Million |
Nkr2.02 Billion ≈ $212.74 Million |
0.835x | +141.10% |
| 2011-12-31 | Nkr1.95 Billion ≈ $204.73 Million |
Nkr673.97 Million ≈ $70.92 Million |
0.346x | -22.68% |
| 2010-12-31 | Nkr1.80 Billion ≈ $188.98 Million |
Nkr804.63 Million ≈ $84.67 Million |
0.448x | -21.47% |
| 2009-12-31 | Nkr1.60 Billion ≈ $168.54 Million |
Nkr913.82 Million ≈ $96.16 Million |
0.571x | +232.80% |
| 2008-12-31 | Nkr897.37 Million ≈ $94.43 Million |
Nkr-385.55 Million ≈ $-40.57 Million |
-0.430x | -147.69% |
| 2007-12-31 | Nkr508.27 Million ≈ $53.48 Million |
Nkr457.93 Million ≈ $48.19 Million |
0.901x | +210.87% |
| 2006-12-31 | Nkr260.73 Million ≈ $27.44 Million |
Nkr75.56 Million ≈ $7.95 Million |
0.290x | -56.97% |
| 2005-12-31 | Nkr141.59 Million ≈ $14.90 Million |
Nkr95.36 Million ≈ $10.03 Million |
0.673x | +217.34% |
| 2004-12-31 | Nkr158.27 Million ≈ $16.65 Million |
Nkr-90.85 Million ≈ $-9.56 Million |
-0.574x | -345.97% |
| 2003-12-31 | Nkr263.53 Million ≈ $27.73 Million |
Nkr61.50 Million ≈ $6.47 Million |
0.233x | +465.43% |
| 2002-12-31 | Nkr71.16 Million ≈ $7.49 Million |
Nkr-4.54 Million ≈ $-478.16K |
-0.064x | -- |
About Norwegian Air Shuttle ASA
Norwegian Air Shuttle ASA, together with its subsidiaries, provides air travel services in Norway and internationally. It is also involved in aircraft financing, leasing, and ownership; cargo; and other activities. The company was founded in 1993 and is headquartered in Fornebu, Norway.