Gulf Marine Services PLC (GMS) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Gulf Marine Services PLC (GMS) has a cash flow conversion efficiency ratio of 0.101x as of June 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 (GBX41.19 Million ≈ $5.01K USD) by net assets (GBX406.62 Million ≈ $49.47K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Gulf Marine Services PLC (GMS) net asset quality to measure how much of total assets are equity-financed.
Gulf Marine Services PLC - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how Gulf Marine Services PLC's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Gulf Marine Services PLC's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Gulf Marine Services PLC Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Gulf Marine Services PLC ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
FiscalNote Holdings Inc.
NYSE:NOTE
|
0.122x |
|
AdvancedAdvT Ltd
LSE:ADVT
|
0.087x |
|
AMMPOWER CORP.
F:601A
|
-0.018x |
|
CPT Global Ltd
AU:CGO
|
-1.430x |
|
Seeing Machines Limited
LSE:SEE
|
-0.731x |
|
Comanche International Public Company Limited
BK:COMAN
|
-0.002x |
|
NEX Metals Exploration Ltd
AU:NME
|
0.106x |
|
Realites
PA:ALREA
|
-0.231x |
Annual Cash Flow Conversion Efficiency for Gulf Marine Services PLC (2011–2024)
The table below shows the annual cash flow conversion efficiency of Gulf Marine Services PLC from 2011 to 2024. For the full company profile with market capitalisation and key ratios, see GMS stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | GBX382.70 Million ≈ $46.56K |
GBX103.56 Million ≈ $12.60K |
0.271x | -5.32% |
| 2023-12-31 | GBX330.28 Million ≈ $40.19K |
GBX94.40 Million ≈ $11.49K |
0.286x | -0.45% |
| 2022-12-31 | GBX287.57 Million ≈ $34.99K |
GBX82.56 Million ≈ $10.05K |
0.287x | +86.19% |
| 2021-12-31 | GBX262.71 Million ≈ $31.96K |
GBX40.51 Million ≈ $4.93K |
0.154x | -27.94% |
| 2020-12-31 | GBX206.86 Million ≈ $25.17K |
GBX44.27 Million ≈ $5.39K |
0.214x | +37.40% |
| 2019-12-31 | GBX329.67 Million ≈ $40.11K |
GBX51.34 Million ≈ $6.25K |
0.156x | +124.40% |
| 2018-12-31 | GBX416.06 Million ≈ $50.62K |
GBX28.88 Million ≈ $3.51K |
0.069x | -48.04% |
| 2017-12-31 | GBX421.31 Million ≈ $51.26K |
GBX56.27 Million ≈ $6.85K |
0.134x | -53.02% |
| 2016-12-31 | GBX444.25 Million ≈ $54.05K |
GBX126.30 Million ≈ $15.37K |
0.284x | -3.56% |
| 2015-12-31 | GBX423.90 Million ≈ $51.58K |
GBX124.96 Million ≈ $15.20K |
0.295x | -12.03% |
| 2014-12-31 | GBX359.17 Million ≈ $43.70K |
GBX120.35 Million ≈ $14.64K |
0.335x | -45.53% |
| 2013-12-31 | GBX184.24 Million ≈ $22.42K |
GBX113.34 Million ≈ $13.79K |
0.615x | +35.02% |
| 2012-12-31 | GBX186.96 Million ≈ $22.75K |
GBX85.19 Million ≈ $10.36K |
0.456x | +63.98% |
| 2011-12-31 | GBX139.34 Million ≈ $16.95K |
GBX38.72 Million ≈ $4.71K |
0.278x | -- |
About Gulf Marine Services PLC
Gulf Marine Services PLC, together with its subsidiaries, operates self-propelled self-elevating support vessels (SESVs) in the United Arab Emirates, the Kingdom of Saudi Arabia, Qatar, and Europe. It operates through K-Class Vessels, S-Class Vessels, and E-Class Vessels segments. The company offers offshore construction and heavy lifting, accommodation and hotel, well intervention and work over … Read more