C3is Inc. (CISS) - Cash Flow Conversion Efficiency
Based on the latest financial reports, C3is Inc. (CISS) has a cash flow conversion efficiency ratio of 0.031x as of September 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 ($2.48 Million) by net assets ($78.97 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
C3is Inc. - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how C3is Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Read CISS current and long-term liabilities for a breakdown of total debt and financial obligations.
C3is Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of C3is Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Visual International Holdings Ltd
JSE:VIS
|
-0.023x |
|
Kwesst Micro Systems Inc
V:KWE
|
-0.378x |
|
Metronic Global Bhd
KLSE:0043
|
0.034x |
|
Asdion Bhd
KLSE:0068
|
60.174x |
|
Hedera Group publ AB
ST:HEGR
|
0.022x |
|
Globavend Holdings Limited Ordinary Shares
NASDAQ:GVH
|
0.074x |
|
Binakarya Jaya Abadi Tbk PT
JK:BIKA
|
-0.043x |
|
Scancell Hldgs Plc
LSE:SCLP
|
0.846x |
Annual Cash Flow Conversion Efficiency for C3is Inc. (2021–2024)
The table below shows the annual cash flow conversion efficiency of C3is Inc. from 2021 to 2024. For the full company profile with market capitalisation and key ratios, see CISS market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $71.36 Million | $24.98 Million | 0.350x | +244.74% |
| 2023-12-31 | $55.54 Million | $5.64 Million | 0.102x | +323.81% |
| 2022-12-31 | $43.89 Million | $1.05 Million | 0.024x | +1835.68% |
| 2021-12-31 | $8.75 Million | $-12.08K | -0.001x | -- |
About C3is Inc.
C3is Inc. offers international seaborne transportation services. The company provides its services to dry bulk charterers, including national and private industrial users, commodity producers and traders, oil producers, refineries, and commodities traders and producers. It owns and operates three drybulk carriers, which transport major bulks, such as iron ore, coal, and grains, as well as minor b… Read more