Seanergy Maritime Holdings Corp (RHSR) - Cash Flow Conversion Efficiency

Latest as of December 2022: 0.037x

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 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

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.

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
OPTIMIZERx Corp NASDAQ:OPRX	0.026x
Sanitar Co Ltd TW:1817	0.052x
Winsome Resources Ltd AU:WR1	-0.050x
LUOYANG GLASS CO. H YC 1 F:LUG	N/A
Royce Global Value Trust Inc NYSE:RGT	0.001x
WTK Holdings Bhd KLSE:4243	0.074x
51 TALK ONL. SP.ADR A 60 F:C4G0	N/A
Bon Fame Co Ltd TWO:8433	0.059x

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 RHSR company net worth.

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

F:RHSR Germany Marine Shipping

Market Cap

$1.29 Billion

€1.10 Billion EUR

Market Cap Rank

#19564 Global

#1796 in Germany

Share Price

€6.05

Change (1 day)

+16.35%

52-Week Range

€5.20 - €6.05

All Time High

€12404.21