Eagle Bulk Shipping Inc (EGLE) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Eagle Bulk Shipping Inc (EGLE) has a cash flow conversion efficiency ratio of 0.033x as of December 2023. 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 ($19.97 Million) by net assets ($600.22 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Eagle Bulk Shipping Inc (EGLE) net asset quality to measure how much of total assets are equity-financed.
Eagle Bulk Shipping Inc - Cash Flow Conversion Efficiency Trend (2005–2023)
This chart illustrates how Eagle Bulk Shipping Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check EGLE operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Eagle Bulk Shipping Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Eagle Bulk Shipping Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Revenio Group Corporation
HE:REG1V
|
-0.029x |
|
KENGIC Intelligent Technology Co. Ltd. A
SHG:688455
|
N/A |
|
Guangdong Jinming Machinery Co Ltd
SHE:300281
|
0.013x |
|
Lifezone Metals Limited
NYSE:LZM
|
-0.146x |
|
INPAQ Technology Co Ltd
TWO:6284
|
0.036x |
|
Shahe Industry Co Ltd
SHE:000014
|
-0.065x |
|
VRG SA
WAR:VRG
|
0.016x |
|
Hua Jung Components Co Ltd
TWO:5328
|
-0.240x |
Annual Cash Flow Conversion Efficiency for Eagle Bulk Shipping Inc (2005–2023)
The table below shows the annual cash flow conversion efficiency of Eagle Bulk Shipping Inc from 2005 to 2023. For the full company profile with market capitalisation and key ratios, see Eagle Bulk Shipping Inc stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $600.22 Million | $55.94 Million | 0.093x | -74.41% |
| 2022-12-31 | $819.18 Million | $298.28 Million | 0.364x | +16.85% |
| 2021-12-31 | $671.27 Million | $209.17 Million | 0.312x | +1063.85% |
| 2020-12-31 | $470.42 Million | $12.59 Million | 0.027x | -40.55% |
| 2019-12-31 | $481.50 Million | $21.69 Million | 0.045x | -52.50% |
| 2018-12-31 | $479.61 Million | $45.47 Million | 0.095x | +491.72% |
| 2017-12-31 | $461.17 Million | $7.39 Million | 0.016x | +114.12% |
| 2016-12-31 | $400.48 Million | $-45.43 Million | -0.113x | -34.30% |
| 2015-12-31 | $518.34 Million | $-43.79 Million | -0.084x | -393.23% |
| 2014-12-31 | $664.09 Million | $-11.37 Million | -0.017x | -2467.18% |
| 2013-12-31 | $531.19 Million | $-354.38K | -0.001x | -108.30% |
| 2012-12-31 | $594.19 Million | $4.78 Million | 0.008x | -90.70% |
| 2011-12-31 | $674.18 Million | $58.30 Million | 0.086x | -38.67% |
| 2010-12-31 | $669.09 Million | $94.34 Million | 0.141x | -3.47% |
| 2009-12-31 | $619.73 Million | $90.52 Million | 0.146x | -37.13% |
| 2008-12-31 | $471.43 Million | $109.54 Million | 0.232x | +44.35% |
| 2007-12-31 | $514.97 Million | $82.89 Million | 0.161x | -26.62% |
| 2006-12-31 | $321.58 Million | $70.53 Million | 0.219x | +160.25% |
| 2005-12-31 | $315.79 Million | $26.62 Million | 0.084x | -- |
About Eagle Bulk Shipping Inc
Eagle Bulk Shipping Inc. engages in the ocean transportation of dry bulk cargoes worldwide. The company owns, charters, and operates dry bulk vessels that transport a range of bulk cargoes, including iron ore, coal, grains, fertilizers, steel products, petcoke, and cement. It serves miners, producers, traders, and end users. As of December 31, 2023, the company owned and operated a fleet of 52 ve… Read more