PERFORMANCE SHIPP. (DS2) - Cash Flow Conversion Efficiency
Based on the latest financial reports, PERFORMANCE SHIPP. (DS2) has a cash flow conversion efficiency ratio of 0.030x 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 (€9.73 Million ≈ $11.38 Million USD) by net assets (€323.43 Million ≈ $378.13 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 defensive interval ratio of PERFORMANCE SHIPP. to measure how many days the company can operate on defensive assets alone.
PERFORMANCE SHIPP. - Cash Flow Conversion Efficiency Trend (2021–2025)
This chart illustrates how PERFORMANCE SHIPP.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
PERFORMANCE SHIPP. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of PERFORMANCE SHIPP. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Catenon S.A
MC:COM
|
0.241x |
|
Ordinary Fully Paid Deferred Settlement
AU:88EDA
|
N/A |
|
88 Energy Ltd
AU:88E
|
-0.020x |
|
Prakit Holdings Public Company Limited
BK:PRAKIT
|
-0.040x |
|
Lipidor Ab
ST:LIPI
|
-0.274x |
|
Neonode Inc
NASDAQ:NEON
|
-0.057x |
|
Smithson Investment Trust PLC
LSE:SSON
|
0.000x |
|
Indivior PLC
LSE:INDV
|
-0.612x |
Annual Cash Flow Conversion Efficiency for PERFORMANCE SHIPP. (2021–2025)
The table below shows the annual cash flow conversion efficiency of PERFORMANCE SHIPP. from 2021 to 2025. For the full company profile with market capitalisation and key ratios, see DS2 market cap.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | €323.43 Million ≈ $378.13 Million |
€50.08 Million ≈ $58.54 Million |
0.155x | -28.85% |
| 2024-12-31 | €275.24 Million ≈ $321.79 Million |
€59.90 Million ≈ $70.02 Million |
0.218x | -25.33% |
| 2023-12-31 | €233.18 Million ≈ $272.62 Million |
€67.95 Million ≈ $79.45 Million |
0.291x | +34.06% |
| 2022-12-31 | €155.71 Million ≈ $182.04 Million |
€33.85 Million ≈ $39.57 Million |
0.217x | +708.00% |
| 2021-12-31 | €87.35 Million ≈ $102.12 Million |
€-3.12 Million ≈ $-3.65 Million |
-0.036x | -- |
About PERFORMANCE SHIPP.
Performance Shipping Inc. provides shipping transportation services through its tanker vessels worldwide. As of December 31, 2024, it operated through a fleet of six Aframax tanker vessels with a combined carrying capacity of 630,519 DWT. The company was incorporated in 2010 and is based in Athens, Greece.