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. Also see EGLE market cap overview for the company's overall valuation and market capitalisation.
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.
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. Explore earnings quality score of Eagle Bulk Shipping Inc to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
National Fertilizers Limited
NSE:NFL
|
-0.815x |
|
Braskem S.A.
SA:BRKM3
|
0.215x |
|
FTAI Infrastructure Inc.
NASDAQ:FIP
|
0.061x |
|
Chongqing YuXin Pingrui Electronic Co. Ltd.
SHE:301107
|
0.011x |
|
Buana Listya Tama Tbk PT
JK:BULL
|
0.026x |
|
Zhejiang Shengda Pharm
SHG:603079
|
0.028x |
|
China Resources Medical Holdings Company Limited
F:1PH
|
0.034x |
|
ECARX Holdings Inc. Class A Ordinary shares
NASDAQ:ECX
|
-0.145x |
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. View Eagle Bulk Shipping Inc share price for real-time trading data and today's change.
| 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