Performance Shipping Inc
Performance Shipping Inc. provides shipping transportation services through its tanker vessels worldwide. As of December 31, 2024, it operated through a fleet of six Aframax tanker vessels with a combined carrying capacity of 630,519 DWT. The company was incorporated in 2010 and is based in Athens, Greece.
Performance Shipping Inc (PSHG) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.043x
Based on the latest financial reports, Performance Shipping Inc (PSHG) has a cash flow conversion efficiency ratio of 0.043x 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 ($13.49 Million) by net assets ($316.28 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Performance Shipping Inc - Cash Flow Conversion Efficiency Trend (2010–2024)
This chart illustrates how Performance Shipping Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Performance Shipping Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Performance Shipping Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Hironic Co. Ltd
KQ:149980
|
0.042x |
|
Younglimwon Soft Lab Co. Ltd.
KQ:060850
|
0.142x |
|
Sun A.Kaken CompanyLimited
F:KK2
|
N/A |
|
3i Infotech Limited
NSE:3IINFOLTD
|
0.043x |
|
IRM ENERGY LTD
NSE:IRMENERGY
|
0.020x |
|
Beijing Energy International Holding Co. Ltd
PINK:PVLTF
|
0.028x |
|
IKIO Lighting Limited
NSE:IKIO
|
0.009x |
|
MOTORK LTD. EO -01
F:5FS
|
N/A |
Annual Cash Flow Conversion Efficiency for Performance Shipping Inc (2010–2024)
The table below shows the annual cash flow conversion efficiency of Performance Shipping Inc from 2010 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $275.24 Million | $59.67 Million | 0.217x | -25.61% |
| 2023-12-31 | $233.18 Million | $67.95 Million | 0.291x | +34.06% |
| 2022-12-31 | $155.71 Million | $33.85 Million | 0.217x | +708.00% |
| 2021-12-31 | $87.35 Million | $-3.12 Million | -0.036x | -126.27% |
| 2020-12-31 | $96.80 Million | $13.18 Million | 0.136x | +405.86% |
| 2019-12-31 | $94.24 Million | $-4.19 Million | -0.045x | -1188.95% |
| 2018-12-31 | $95.58 Million | $-330.00K | -0.003x | +96.43% |
| 2017-12-31 | $130.77 Million | $-12.65 Million | -0.097x | +26.50% |
| 2016-12-31 | $90.88 Million | $-11.96 Million | -0.132x | -280.47% |
| 2015-12-31 | $239.17 Million | $17.45 Million | 0.073x | -26.61% |
| 2014-12-31 | $256.44 Million | $25.49 Million | 0.099x | -48.50% |
| 2013-12-31 | $164.47 Million | $31.74 Million | 0.193x | +47.00% |
| 2012-12-31 | $238.76 Million | $31.35 Million | 0.131x | +116.85% |
| 2011-12-31 | $206.53 Million | $12.50 Million | 0.061x | +2846.30% |
| 2010-12-31 | $84.61 Million | $-186.53K | -0.002x | -- |