Performance Shipping Inc (PSHG) - Cash Flow Conversion Efficiency
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. Read PSHG liabilities breakdown for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Petrolia SE
F:0PE
|
0.040x |
|
OYAK Yatirim Ortakligi AS
IS:OYAYO
|
0.146x |
|
Jui Li Enterprise Co Ltd
TW:1512
|
0.012x |
|
Patentus SA
WAR:PAT
|
-0.050x |
|
Genolution Inc.
KQ:225220
|
-0.013x |
|
Race Eco Chain Limited
NSE:RACE
|
0.040x |
|
Mistral Iberia Real Estate SOCIMI S.A.
MC:YMIB
|
-0.026x |
|
Sierra Nevada Gold Inc
AU:SNX
|
-0.044x |
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. For the full company profile with market capitalisation and key ratios, see Performance Shipping Inc market cap and net worth.
| 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 | -- |
About 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.