Seanergy Maritime Holdings Corp Cash Flow Conversion Efficiency
Seanergy Maritime Holdings Corp 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.
Cash Flow Conversion Efficiency of Seanergy Maritime Holdings Corp (2006–2025)
Cash flow conversion efficiency of Seanergy Maritime Holdings Corp from 2006 to 2025. This chart illustrates how Seanergy Maritime Holdings Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View SHIP live share price for real-time trading data and today's change.
Seanergy Maritime Holdings Corp Cash Flow Conversion Ratio Explained
Seanergy Maritime Holdings Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
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. Also see Seanergy Maritime Holdings Corp market cap and net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sto SE & Co. KGaA
F:STO3
|
0.023x |
|
Hangzhou Heshun Technology Co.LTD.
SHE:301237
|
N/A |
|
Ningbo Water Meter Co Ltd
SHG:603700
|
0.020x |
|
Kairuide Holding Co Ltd
SHE:002072
|
0.006x |
|
Materialise NV
NASDAQ:MTLS
|
0.027x |
|
Tianjin Motimo Membrane Tech
SHE:300334
|
-0.028x |
|
Guizhou Wire Rope Co Ltd
SHG:600992
|
-0.004x |
|
ALTYNGOLD PLC LS -10
F:FPP0
|
N/A |
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. Review SHIP free cash flow to operating cash ratio to assess how much free cash flow the company generates relative to operating cash flow.
| 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