Nordic American Tankers Limited (B3O) — Cash Flow-to-Debt Ratio

Latest as of June 2026: 0.16x

Nordic American Tankers Limited (B3O) has a Cash Flow-to-Debt Ratio of 0.16x as of June 2026, meaning its operating cash flow of €68.82 Million could theoretically repay 0% of its total liabilities (€439.87 Million) in one year. See B3O free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.

CF-to-Debt Ratio

0.16x
Operating CF / Total Liabilities

Operating Cash Flow

€68.82 Million
EUR

Total Liabilities

€439.87 Million
EUR

Data as of

Jun 2026
Most recent filing

Nordic American Tankers Limited Cash Flow-to-Debt Ratio (2013–2025)

Historical debt coverage capacity for Nordic American Tankers Limited across 13 annual periods. For the full cash flow conversion analysis, see B3O cash flow conversion.

Annual Cash Flow-to-Debt Ratio for Nordic American Tankers Limited (2013–2025)

Year-by-year debt coverage analysis for Nordic American Tankers Limited. Check B3O operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.

Year CF-to-Debt Ratio Operating CF (EUR) Total Liabilities YoY Change
2025 0.04x €19.82 Million €456.64 Million ▼ -89.5%
2024 0.42x €128.16 Million €308.77 Million ▲ +1.5%
2023 0.41x €139.44 Million €340.89 Million ▲ +477.6%
2022 0.07x €24.13 Million €340.75 Million ▲ +156.2%
2021 -0.13x €-44.46 Million €352.93 Million ▼ -142.6%
2020 0.30x €110.94 Million €375.22 Million ▲ +143.6%
2019 0.12x €52.86 Million €435.48 Million ▲ +453.6%
2018 -0.03x €-16.10 Million €469.08 Million ▼ -146.5%
2017 0.07x €31.74 Million €430.00 Million ▼ -72.3%
2016 0.27x €127.79 Million €478.86 Million ▼ -45.1%
2015 0.49x €174.39 Million €358.47 Million ▲ +142.9%
2014 0.20x €57.48 Million €286.95 Million ▲ +219.3%
2013 -0.17x €-47.27 Million €281.45 Million
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.