Seanergy Maritime Holdings Corp Cash Flow Conversion Efficiency
Seanergy Maritime Holdings Corp 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.
Cash Flow Conversion Efficiency of Seanergy Maritime Holdings Corp (2016–2022)
Cash flow conversion efficiency of Seanergy Maritime Holdings Corp from 2016 to 2022. This chart illustrates how Seanergy Maritime Holdings Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View RHSR live share price for real-time trading data and today's change.
Seanergy Maritime Holdings Corp Cash Flow Conversion Ratio Explained
Seanergy Maritime Holdings Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see RHSR market cap for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Indomobil Multi Jasa Tbk
JK:IMJS
|
0.248x |
|
Marvipol S.A.
WAR:MVP
|
0.008x |
|
Winsome Resources Ltd
AU:WR1
|
-0.050x |
|
Cameo Communications Inc
TW:6142
|
-0.032x |
|
Thinkific Labs Inc
TO:THNC
|
-0.004x |
|
aTyr Pharma, Inc.
NASDAQ:ATYR
|
-0.181x |
|
Inspired Entertainment Inc
NASDAQ:INSE
|
-0.179x |
|
51 TALK ONL. SP.ADR A 60
F:C4G0
|
N/A |
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. Review free cash flow generation of Seanergy Maritime Holdings Corp to assess how much free cash flow the company generates relative to operating cash flow.
| 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