Okeanis Eco Tankers Corp Cash Flow Conversion Efficiency
Okeanis Eco Tankers Corp 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.
Cash Flow Conversion Efficiency of Okeanis Eco Tankers Corp (2018–2024)
Cash flow conversion efficiency of Okeanis Eco Tankers Corp from 2018 to 2024. This chart illustrates how Okeanis Eco Tankers Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View OET live share price for real-time trading data and today's change.
Okeanis Eco Tankers Corp Cash Flow Conversion Ratio Explained
Okeanis Eco Tankers Corp 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.
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. Also see Okeanis Eco Tankers Corp (OET) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
The Baldwin Insurance Group, Inc.
NASDAQ:BWIN
|
0.032x |
|
CRRC Corporation Limited
F:C2L
|
-0.034x |
|
Rev Group Inc
NYSE:REVG
|
0.185x |
|
Hayward Holdings Inc
NYSE:HAYW
|
-0.093x |
|
Cushman & Wakefield plc
NYSE:CWK
|
-0.125x |
|
Yinyi Real Estate Co Ltd
SHE:000981
|
0.006x |
|
JA Solar Technology Co Ltd
SHE:002459
|
0.010x |
|
SEB SA
PA:SK
|
0.051x |
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. Review OET free cash flow generation 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 | 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.