Shyft Group Inc (SHYF) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Shyft Group Inc (SHYF) has a cash flow conversion efficiency ratio of -0.018x as of March 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 ($-4.52 Million) by net assets ($247.33 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See net asset quality index of Shyft Group Inc to measure how much of total assets are equity-financed.
Shyft Group Inc - Cash Flow Conversion Efficiency Trend (1985–2024)
This chart illustrates how Shyft Group Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check SHYF cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Shyft Group Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shyft Group Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Fireweed Zinc Ltd
V:FWZ
|
-0.677x |
|
USI Corp
TW:1304
|
0.000x |
|
Shanxi Huhua Group Co Ltd
SHE:003002
|
0.019x |
|
Hankook Shell Oil
KO:002960
|
0.124x |
|
Sun Tekstil Sanayi ve Ticaret A.S.
IS:SUNTK
|
0.039x |
|
Banco Santander Brasil SA
BA:BSBR
|
0.309x |
|
Jilin University Zhengyuan Info Tech
SHE:003029
|
-0.019x |
|
Deutsche Rohstoff AG
XETRA:DR0
|
0.070x |
Annual Cash Flow Conversion Efficiency for Shyft Group Inc (1985–2024)
The table below shows the annual cash flow conversion efficiency of Shyft Group Inc from 1985 to 2024. For the full company profile with market capitalisation and key ratios, see SHYF market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $248.32 Million | $30.06 Million | 0.121x | -45.73% |
| 2023-12-31 | $252.17 Million | $56.24 Million | 0.223x | +418.05% |
| 2022-12-31 | $268.69 Million | $-18.84 Million | -0.070x | -125.29% |
| 2021-12-31 | $266.86 Million | $74.01 Million | 0.277x | -13.71% |
| 2020-12-31 | $200.16 Million | $64.33 Million | 0.321x | +61.49% |
| 2019-12-31 | $171.75 Million | $34.18 Million | 0.199x | +361.42% |
| 2018-12-31 | $186.08 Million | $8.03 Million | 0.043x | -67.03% |
| 2017-12-31 | $168.27 Million | $22.02 Million | 0.131x | -14.66% |
| 2016-12-31 | $152.95 Million | $23.45 Million | 0.153x | +76.49% |
| 2015-12-31 | $148.49 Million | $12.90 Million | 0.087x | +125.15% |
| 2014-12-31 | $168.62 Million | $6.51 Million | 0.039x | -49.26% |
| 2013-12-31 | $171.55 Million | $13.05 Million | 0.076x | +113.47% |
| 2012-12-31 | $178.73 Million | $6.37 Million | 0.036x | -78.39% |
| 2011-12-31 | $182.84 Million | $30.14 Million | 0.165x | -10.62% |
| 2010-12-31 | $182.98 Million | $33.74 Million | 0.184x | -12.67% |
| 2009-12-31 | $180.52 Million | $38.12 Million | 0.211x | -36.16% |
| 2008-12-31 | $170.64 Million | $56.45 Million | 0.331x | +738.61% |
| 2007-12-31 | $129.22 Million | $-6.69 Million | -0.052x | +73.99% |
| 2006-12-31 | $103.18 Million | $-20.55 Million | -0.199x | -401.33% |
| 2005-12-31 | $72.60 Million | $4.80 Million | 0.066x | +706.15% |
| 2004-12-31 | $67.51 Million | $-736.18K | -0.011x | -104.66% |
| 2003-12-31 | $61.12 Million | $14.29 Million | 0.234x | -15.94% |
| 2002-12-31 | $56.43 Million | $15.70 Million | 0.278x | -48.81% |
| 2001-12-31 | $36.91 Million | $20.06 Million | 0.543x | +141.83% |
| 2000-12-31 | $30.65 Million | $6.89 Million | 0.225x | +177.35% |
| 1999-12-31 | $43.20 Million | $3.50 Million | 0.081x | +133.22% |
| 1998-12-31 | $45.10 Million | $-11.00 Million | -0.244x | -176.72% |
| 1997-12-31 | $47.50 Million | $15.10 Million | 0.318x | +315.29% |
| 1996-12-31 | $61.40 Million | $4.70 Million | 0.077x | -2.61% |
| 1995-12-31 | $59.80 Million | $4.70 Million | 0.079x | -37.93% |
| 1994-12-31 | $61.60 Million | $7.80 Million | 0.127x | +873.19% |
| 1993-12-31 | $53.80 Million | $700.00K | 0.013x | -90.08% |
| 1992-12-31 | $42.70 Million | $5.60 Million | 0.131x | +324.97% |
| 1991-12-31 | $22.30 Million | $-1.30 Million | -0.058x | -201.43% |
| 1990-12-31 | $8.70 Million | $500.00K | 0.057x | -75.10% |
| 1989-12-31 | $6.50 Million | $1.50 Million | 0.231x | -44.82% |
| 1988-12-31 | $5.50 Million | $2.30 Million | 0.418x | +115.06% |
| 1986-12-31 | $3.60 Million | $700.00K | 0.194x | +87.96% |
| 1985-12-31 | $2.90 Million | $300.00K | 0.103x | -- |
About Shyft Group Inc
The Shyft Group, Inc. engages in the manufacture and assembly of specialty vehicles for the commercial and recreational vehicle industries in the United States and internationally. It operates in two segments, Fleet Vehicles and Services, and Specialty Vehicles. The Fleet Vehicles and Services segment offers commercial vehicles used in the e-commerce/last mile/parcel delivery, beverage and grocer… Read more