Eagle Bulk Shipping Inc Cash Flow Conversion Efficiency
Eagle Bulk Shipping Inc 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.
Cash Flow Conversion Efficiency of Eagle Bulk Shipping Inc (2005–2023)
Cash flow conversion efficiency of Eagle Bulk Shipping Inc from 2005 to 2023. This chart illustrates how Eagle Bulk Shipping Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Eagle Bulk Shipping Inc stock price for real-time trading data and today's change.
Eagle Bulk Shipping Inc Cash Flow Conversion Ratio Explained
Eagle Bulk Shipping Inc 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.
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. Also see EGLE company net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Shenzhen Capol International & Associates Co Ltd
SHE:002949
|
0.064x |
|
Weltrend Semiconductor Inc
TW:2436
|
0.019x |
|
Beijing AriTime Intelligent Control Co Ltd
SHG:600560
|
-0.046x |
|
Shenzhen Crastal Technology Co Ltd
SHE:300824
|
0.061x |
|
Mayur Uniquoters Ltd
NSE:MAYURUNIQ
|
0.082x |
|
Alucon Public Company Limited
BK:ALUCON
|
0.018x |
|
Shenzhen Kingsun Science Tech
SHE:300235
|
-0.018x |
|
Hibiscus Petroleum BHD
KLSE:5199
|
-0.186x |
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. Review Eagle Bulk Shipping Inc free cash flow efficiency 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 |
|---|---|---|---|---|
| 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