Himalaya Shipping Ltd. (HSHP) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Himalaya Shipping Ltd. (HSHP) has a cash flow conversion efficiency ratio of 0.063x as of March 2026. 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 ($9.80 Million) by net assets ($155.80 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See HSHP equity to assets ratio to measure how much of total assets are equity-financed.
Himalaya Shipping Ltd. - Cash Flow Conversion Efficiency Trend (2021–2025)
This chart illustrates how Himalaya Shipping Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Himalaya Shipping Ltd.'s earnings quality to evaluate the quality of earnings relative to operating cash generation.
Himalaya Shipping Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Himalaya Shipping Ltd. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Tanac Automation Co Ltd
SHE:300461
|
-0.051x |
|
PAR Technology Corporation
NYSE:PAR
|
0.010x |
|
Winall Hi tech Seed
SHE:300087
|
0.016x |
|
Client Service International Inc
SHE:300663
|
0.039x |
|
Yunnan QuakeSafe Seismic Isolation Technologies Co Ltd Class A
SHE:300767
|
0.032x |
|
Shanghai Weihong Electronic Technology Co Ltd
SHE:300508
|
0.033x |
|
CRH PLC
LSE:CRH
|
-0.025x |
|
Argo Properties NV
TA:ARGO
|
0.019x |
Annual Cash Flow Conversion Efficiency for Himalaya Shipping Ltd. (2021–2025)
The table below shows the annual cash flow conversion efficiency of Himalaya Shipping Ltd. from 2021 to 2025. For the full company profile with market capitalisation and key ratios, see market cap of Himalaya Shipping Ltd..
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $161.70 Million | $51.70 Million | 0.320x | -11.41% |
| 2024-12-31 | $154.72 Million | $55.84 Million | 0.361x | +759.66% |
| 2023-12-31 | $154.21 Million | $6.47 Million | 0.042x | +362.25% |
| 2022-12-31 | $90.33 Million | $-1.45 Million | -0.016x | -202.14% |
| 2021-12-31 | $91.90 Million | $-486.93K | -0.005x | -- |
About Himalaya Shipping Ltd.
Himalaya Shipping Ltd. provides dry bulk shipping services worldwide. The company serves major commodity trading, commodity and energy transition, and multi-modal transport companies. As of December 31, 2024, it owned and operated through a fleet of 12 Newcastlemax dry bulk vessels, each with capacity in the range of 210,000 dead weight tons. Himalaya Shipping Ltd. was incorporated in 2021 and is… Read more