Norwegian Air Shuttle ASA Cash Flow Conversion Efficiency

Latest as of June 2025: 1.090x

Norwegian Air Shuttle ASA 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.

Cash Flow Conversion Efficiency of Norwegian Air Shuttle ASA (2002–2024)

Cash flow conversion efficiency of Norwegian Air Shuttle ASA from 2002 to 2024. This chart illustrates how Norwegian Air Shuttle ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. View NAS stock price and chart for real-time trading data and today's change.

Norwegian Air Shuttle ASA Cash Flow Conversion Ratio Explained

Norwegian Air Shuttle ASA cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.

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. Also see Norwegian Air Shuttle ASA (NAS) market capitalisation for the company's overall valuation and market capitalisation.

Company	Cash Flow Conversion Efficiency
Landis+Gyr Group AG SW:LAND	0.066x
Nabors Industries Ltd F:NBI1	0.079x
Shanghai Datun Energy Resources Co Ltd SHG:600508	0.021x
Beijing Sanju Environmental SHE:300072	0.033x
SINOTRANS LTD H YC 1 F:SIY	0.020x
RONESANS GAYRIMENKUL YAT. IS:RGYAS	0.040x
Rolls-Royce Holdings PLC LSE:RR	0.829x
Klöckner & Co SE XETRA:KCO	-0.164x

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. Review Norwegian Air Shuttle ASA free cash flow efficiency to assess how much free cash flow the company generates relative to operating cash flow.

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

OL:NAS Norway Airlines

Market Cap

$1.25 Billion

Nkr11.88 Billion NOK

Market Cap Rank

#7664 Global

#62 in Norway

Share Price

Nkr11.26

Change (1 day)

-1.92%

52-Week Range

Nkr10.79 - Nkr17.98

All Time High

Nkr10114.86