Seanergy Maritime Holdings Corp (RHSR) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Seanergy Maritime Holdings Corp (RHSR) has a cash flow conversion efficiency ratio of 0.037x as of December 2022. 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 (€8.25 Million ≈ $9.64 Million USD) by net assets (€221.70 Million ≈ $259.19 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 RHSR net asset quality index to measure how much of total assets are equity-financed.
Seanergy Maritime Holdings Corp - Cash Flow Conversion Efficiency Trend (2016–2022)
This chart illustrates how Seanergy Maritime Holdings Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Seanergy Maritime Holdings Corp (RHSR) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
Seanergy Maritime Holdings Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Seanergy Maritime Holdings Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ilsung Pharm
KO:003120
|
-0.008x |
|
JLK Inc
KQ:322510
|
-0.052x |
|
Srithai Superware Public Company Limited
BK:SITHAI
|
0.047x |
|
Ganesh Benzoplast Limited
NSE:GANESHBE
|
0.017x |
|
Royce Global Value Trust Inc
NYSE:RGT
|
0.001x |
|
51 TALK ONL. SP.ADR A 60
F:C4G0
|
N/A |
|
Anterogen.Co.Ltd
KQ:065660
|
0.003x |
|
ProfilGruppen AB (publ)
ST:PROF-B
|
-0.017x |
Annual Cash Flow Conversion Efficiency for Seanergy Maritime Holdings Corp (2016–2022)
The table below shows the annual cash flow conversion efficiency of Seanergy Maritime Holdings Corp from 2016 to 2022. For the full company profile with market capitalisation and key ratios, see Seanergy Maritime Holdings Corp (RHSR) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | €221.70 Million ≈ $259.19 Million |
€37.29 Million ≈ $43.59 Million |
0.168x | -49.09% |
| 2021-12-31 | €244.48 Million ≈ $285.82 Million |
€80.76 Million ≈ $94.42 Million |
0.330x | +424.72% |
| 2020-12-31 | €95.69 Million ≈ $111.88 Million |
€-9.73 Million ≈ $-11.38 Million |
-0.102x | -123.17% |
| 2019-12-31 | €29.86 Million ≈ $34.91 Million |
€13.11 Million ≈ $15.32 Million |
0.439x | +63.42% |
| 2018-12-31 | €21.30 Million ≈ $24.91 Million |
€5.72 Million ≈ $6.69 Million |
0.269x | +298.94% |
| 2017-12-31 | €41.31 Million ≈ $48.30 Million |
€2.78 Million ≈ $3.25 Million |
0.067x | +113.54% |
| 2016-12-31 | €30.83 Million ≈ $36.05 Million |
€-15.34 Million ≈ $-17.93 Million |
-0.498x | -- |
About Seanergy Maritime Holdings Corp
Seanergy Maritime Holdings Corp., a shipping company, engages in the seaborne transportation of dry bulk commodities worldwide. It operates a fleet of 17 Capesize vessels with a cargo-carrying capacity of approximately 3,011,083 deadweight tons. The company was formerly known as Seanergy Merger Corp. and changed its name to Seanergy Maritime Holdings Corp. in July 2008. Seanergy Maritime Holdings… Read more