Okeanis Eco Tankers Corp (OET) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Okeanis Eco Tankers Corp (OET) has a cash flow conversion efficiency ratio of 0.087x 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 (Nkr37.32 Million ≈ $3.93 Million USD) by net assets (Nkr428.30 Million ≈ $45.07 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 OET defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Okeanis Eco Tankers Corp - Cash Flow Conversion Efficiency Trend (2018–2024)
This chart illustrates how Okeanis Eco Tankers Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Okeanis Eco Tankers Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Okeanis Eco Tankers Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Jubilant Pharmova Limited
NSE:JUBLPHARMA
|
0.056x |
|
Okeanis Eco Tankers Corp.
NYSE:ECO
|
0.069x |
|
Greatech Technology Bhd
KLSE:0208
|
0.011x |
|
RAPT Therapeutics Inc
NASDAQ:RAPT
|
-0.082x |
|
Ams AG
SW:AMS
|
N/A |
|
Jiangsu Changhai Compos Material
SHE:300196
|
0.028x |
|
Harbin Hatou Investment Co Ltd
SHG:600864
|
0.090x |
|
Ennoconn Corp
TW:6414
|
0.009x |
Annual Cash Flow Conversion Efficiency for Okeanis Eco Tankers Corp (2018–2024)
The table below shows the annual cash flow conversion efficiency of Okeanis Eco Tankers Corp from 2018 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Okeanis Eco Tankers Corp.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr410.43 Million ≈ $43.19 Million |
Nkr162.82 Million ≈ $17.13 Million |
0.397x | -6.97% |
| 2023-12-31 | Nkr408.13 Million ≈ $42.95 Million |
Nkr174.03 Million ≈ $18.31 Million |
0.426x | +118.19% |
| 2022-12-31 | Nkr422.24 Million ≈ $44.43 Million |
Nkr82.52 Million ≈ $8.68 Million |
0.195x | +144.88% |
| 2021-12-31 | Nkr358.29 Million ≈ $37.70 Million |
Nkr28.59 Million ≈ $3.01 Million |
0.080x | -79.17% |
| 2020-12-31 | Nkr397.23 Million ≈ $41.80 Million |
Nkr152.20 Million ≈ $16.02 Million |
0.383x | +239.67% |
| 2019-12-31 | Nkr341.69 Million ≈ $35.96 Million |
Nkr38.54 Million ≈ $4.06 Million |
0.113x | +840.34% |
| 2018-12-31 | Nkr316.37 Million ≈ $33.29 Million |
Nkr-4.82 Million ≈ $-507.25K |
-0.015x | -- |
About Okeanis Eco Tankers Corp
Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. Okeanis Eco Tankers Corp. was incorporated in 2018 and is based in Neo Faliro, Greece.