Seanergy Maritime Holdings Corp (SHIP) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Seanergy Maritime Holdings Corp (SHIP) has a cash flow conversion efficiency ratio of 0.097x as of December 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 ($27.25 Million) by net assets ($281.38 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is Seanergy Maritime Holdings Corp's balance sheet to measure how much of total assets are equity-financed.
Seanergy Maritime Holdings Corp - Cash Flow Conversion Efficiency Trend (2006–2025)
This chart illustrates how Seanergy Maritime Holdings Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Seanergy Maritime Holdings Corp earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Seanergy Maritime Holdings Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Seanergy Maritime Holdings Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Test Rite International Co Ltd
TW:2908
|
0.132x |
|
Oma Saastopankki Oyj
HE:OMASP
|
0.532x |
|
Jiangsu Aoyang Technology Ltd
SHE:002172
|
0.171x |
|
ECARX Holdings Inc. Class A Ordinary shares
NASDAQ:ECX
|
-0.141x |
|
NSI NV
AS:NSI
|
0.032x |
|
Shahe Industry Co Ltd
SHE:000014
|
-0.065x |
|
Northeast Community Bancorp Inc
NASDAQ:NECB
|
0.029x |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
-0.001x |
Annual Cash Flow Conversion Efficiency for Seanergy Maritime Holdings Corp (2006–2025)
The table below shows the annual cash flow conversion efficiency of Seanergy Maritime Holdings Corp from 2006 to 2025. For the full company profile with market capitalisation and key ratios, see Seanergy Maritime Holdings Corp (SHIP) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $281.38 Million | $52.61 Million | 0.187x | -34.89% |
| 2024-12-31 | $262.18 Million | $75.28 Million | 0.287x | +109.41% |
| 2023-12-31 | $228.44 Million | $31.32 Million | 0.137x | -18.47% |
| 2022-12-31 | $221.70 Million | $37.29 Million | 0.168x | -49.09% |
| 2021-12-31 | $244.48 Million | $80.76 Million | 0.330x | +424.72% |
| 2020-12-31 | $95.69 Million | $-9.73 Million | -0.102x | -123.17% |
| 2019-12-31 | $29.86 Million | $13.11 Million | 0.439x | +63.42% |
| 2018-12-31 | $21.30 Million | $5.72 Million | 0.269x | +298.94% |
| 2017-12-31 | $41.31 Million | $2.78 Million | 0.067x | +113.54% |
| 2016-12-31 | $30.83 Million | $-15.34 Million | -0.498x | -144.54% |
| 2015-12-31 | $23.28 Million | $-4.74 Million | -0.203x | +96.34% |
| 2014-12-31 | $2.68 Million | $-14.86 Million | -5.552x | -48790.04% |
| 2013-12-31 | $-90.69 Million | $1.03 Million | -0.011x | +52.27% |
| 2012-12-31 | $-101.62 Million | $2.42 Million | -0.024x | -106.92% |
| 2011-12-31 | $76.92 Million | $26.44 Million | 0.344x | +199.34% |
| 2010-12-31 | $274.67 Million | $31.54 Million | 0.115x | -39.73% |
| 2009-12-31 | $226.82 Million | $43.21 Million | 0.190x | -2.48% |
| 2008-12-31 | $131.56 Million | $25.70 Million | 0.195x | +1729.21% |
| 2007-12-31 | $148.37 Million | $1.58 Million | 0.011x | +101.10% |
| 2006-12-31 | $20.63K | $-20.05K | -0.972x | -- |
About Seanergy Maritime Holdings Corp
Seanergy Maritime Holdings Corp., a shipping company, engages in the seaborne transportation of dry bulk commodities worldwide. It operates 18 Capesize and two Newcastlemax dry bulk vessels with a cargo-carrying capacity of approximately 3,633,861 deadweight tons. The company was formerly known as Seanergy Merger Corp. and changed its name to Seanergy Maritime Holdings Corp. in July 2008. Seanerg… Read more