United Maritime Corporation (USEA) - Cash Flow Conversion Efficiency
Based on the latest financial reports, United Maritime Corporation (USEA) has a cash flow conversion efficiency ratio of -0.012x as of June 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 ($-731.57K) by net assets ($60.27 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See United Maritime Corporation defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
United Maritime Corporation - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how United Maritime Corporation's cash flow conversion efficiency has evolved over time, based on yearly financial data.
United Maritime Corporation Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of United Maritime Corporation ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Clarkson
LSE:CKN
|
-0.162x |
|
Prodigy Gold NL
AU:PRX
|
-0.339x |
|
Resource Development Group Ltd
AU:RDG
|
0.082x |
|
Leader Steel Holdings Bhd
KLSE:9881
|
0.000x |
|
MOUNTAIN VALLEY MD HLDGS
F:20MP
|
N/A |
|
Kodi-M Co Ltd
KQ:224060
|
-1.298x |
|
Procorp S.A.B. de C.V
MX:PROCORPB
|
0.018x |
|
Aegis Brands Inc
TO:AEG
|
0.013x |
Annual Cash Flow Conversion Efficiency for United Maritime Corporation (2020–2024)
The table below shows the annual cash flow conversion efficiency of United Maritime Corporation from 2020 to 2024. For the full company profile with market capitalisation and key ratios, see USEA company net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $60.09 Million | $3.26 Million | 0.054x | +157.45% |
| 2023-12-31 | $65.87 Million | $-6.23 Million | -0.095x | -190.62% |
| 2022-12-31 | $64.57 Million | $6.74 Million | 0.104x | -79.91% |
| 2021-12-31 | $7.04 Million | $3.66 Million | 0.519x | +954.32% |
| 2020-12-31 | $7.31 Million | $-444.61K | -0.061x | -- |
About United Maritime Corporation
United Maritime Corporation, a shipping company, offers seaborne transportation services worldwide. The company operates a fleet of five dry bulk vessels comprising three Panamax and two Kamsarmax vessels with an aggregate cargo-carrying capacity of approximately 396,297 dwt. United Maritime Corporation was incorporated in 2022 and is based in Glyfada, Greece.