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.
Norwegian Air Shuttle ASA (NWARF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2025: 0.037x
Based on the latest financial reports, Norwegian Air Shuttle ASA (NWARF) has a cash flow conversion efficiency ratio of 0.037x as of December 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 ($279.84 Million) by net assets ($7.66 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Norwegian Air Shuttle ASA - Cash Flow Conversion Efficiency Trend (2002–2025)
This chart illustrates how Norwegian Air Shuttle ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
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 |
|---|---|
|
Guangzhou Zhiguang Electric Co Ltd
SHE:002169
|
-0.008x |
|
Cogent Communications Group Inc
NASDAQ:CCOI
|
-0.079x |
|
Lindab International AB
ST:LIAB
|
0.071x |
|
Shanghai Fortune Techgroup Co Ltd
SHE:300493
|
0.105x |
|
Ficont Industry (Beijing) Co. Ltd.
SHG:605305
|
0.030x |
|
Uxi Unicomp Technology Co. Ltd. A
SHG:688531
|
N/A |
|
Lingyun Ind
SHG:600480
|
0.044x |
|
Freightways Limited
PINK:FTWYF
|
0.081x |
Annual Cash Flow Conversion Efficiency for Norwegian Air Shuttle ASA (2002–2025)
The table below shows the annual cash flow conversion efficiency of Norwegian Air Shuttle ASA from 2002 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $7.66 Billion | $6.77 Billion | 0.884x | -7.86% |
| 2024-12-31 | $7.24 Billion | $6.95 Billion | 0.959x | +5.33% |
| 2023-12-31 | $5.77 Billion | $5.26 Billion | 0.911x | +57.82% |
| 2022-12-31 | $4.20 Billion | $2.43 Billion | 0.577x | +1256.45% |
| 2021-12-31 | $3.27 Billion | $139.10 Million | 0.043x | -79.74% |
| 2020-12-31 | $-6.62 Billion | $-1.39 Billion | 0.210x | -71.49% |
| 2019-12-31 | $4.12 Billion | $3.04 Billion | 0.736x | +171.30% |
| 2018-12-31 | $1.70 Billion | $462.70 Million | 0.271x | -80.37% |
| 2017-12-31 | $2.10 Billion | $2.90 Billion | 1.383x | +83.76% |
| 2016-12-31 | $4.05 Billion | $3.05 Billion | 0.752x | -5.33% |
| 2015-12-31 | $2.97 Billion | $2.36 Billion | 0.795x | +483.60% |
| 2014-12-31 | $2.11 Billion | $287.10 Million | 0.136x | -84.26% |
| 2013-12-31 | $2.75 Billion | $2.38 Billion | 0.865x | +3.58% |
| 2012-12-31 | $2.42 Billion | $2.02 Billion | 0.835x | +141.10% |
| 2011-12-31 | $1.95 Billion | $673.97 Million | 0.346x | -22.68% |
| 2010-12-31 | $1.80 Billion | $804.63 Million | 0.448x | -21.47% |
| 2009-12-31 | $1.60 Billion | $913.82 Million | 0.571x | +232.80% |
| 2008-12-31 | $897.37 Million | $-385.55 Million | -0.430x | -147.69% |
| 2007-12-31 | $508.27 Million | $457.93 Million | 0.901x | +210.87% |
| 2006-12-31 | $260.73 Million | $75.56 Million | 0.290x | -56.97% |
| 2005-12-31 | $141.59 Million | $95.36 Million | 0.673x | +217.34% |
| 2004-12-31 | $158.27 Million | $-90.85 Million | -0.574x | -345.97% |
| 2003-12-31 | $263.53 Million | $61.50 Million | 0.233x | +465.43% |
| 2002-12-31 | $71.16 Million | $-4.54 Million | -0.064x | -- |