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 0.101x as of June 2026. 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 ($31.55 Million) by net assets ($313.11 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Seanergy Maritime Holdings Corp (SHIP) market capitalisation for the company's overall valuation and market capitalisation.
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.
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. Explore Seanergy Maritime Holdings Corp cash earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Energy Recovery Inc
NASDAQ:ERII
|
0.095x |
|
Shenzhen Kexin Communication Technologies Co Ltd
SHE:300565
|
-0.061x |
|
StealthGas Inc
NASDAQ:GASS
|
0.023x |
|
Avidia Bancorp, Inc.
NYSE:AVBC
|
0.023x |
|
Cuckoo Homesys Co Ltd
KO:284740
|
0.015x |
|
Gorilla Technology Group Inc.
NASDAQ:GRRR
|
-0.069x |
|
PCC Rokita SA
WAR:PCR
|
0.020x |
|
Universal Vision Biotechnology Co Ltd
TWO:3218
|
0.125x |
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. View SHIP share price today for real-time trading data and today's change.
| 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