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. See Performance Shipping Inc net asset quality index to measure how much of total assets are equity-financed.
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. Check cash flow quality index of Performance Shipping Inc to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
BNK Banking Corporation Ltd
AU:BBC
|
-0.002x |
|
The Century Co., Ltd.
KO:002420
|
0.002x |
|
Iltani Resources Ltd
AU:ILT
|
-0.008x |
|
Lima Dua Lima Tiga PT
JK:LUCY
|
0.131x |
|
OB Holdings Berhad
KLSE:0327
|
-0.040x |
|
Elevation Oncology Inc
NASDAQ:ELEV
|
-0.272x |
|
Seojin Automotive Co.Ltd
KQ:122690
|
0.107x |
|
Smartlink Holdings Limited
NSE:SMARTLINK
|
0.022x |
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 how much is Performance Shipping Inc 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.