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 0.153x as of December 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 ($24.80 Million) by net assets ($161.70 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
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. Read total liabilities of Himalaya Shipping Ltd. for a breakdown of total debt and financial obligations.
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 |
|---|---|
|
Shenzhen Asiantime International Construction Co Ltd
SHE:002811
|
0.071x |
|
LandOcean Energy Services Co
SHE:300157
|
0.009x |
|
Anhui Huamao Textile Co Ltd
SHE:000850
|
0.115x |
|
Wereldhav B-Sicafi
BR:WEHB
|
0.032x |
|
Grenke AG
XETRA:GLJ
|
-0.092x |
|
Xiamen Sunrise Wheel Group Co Ltd
SHE:002593
|
0.029x |
|
Zhangjiagang Freetrade Science and Technology Co Ltd
SHG:600794
|
-0.023x |
|
Südwestdeutsche Salzwerke AG
F:SSH
|
0.050x |
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. The company was incorporated in 2021 and is based in H… Read more