American Shipping Company ASA Cash Flow Conversion Efficiency
American Shipping Company ASA cash flow conversion efficiency. Based on the latest financial reports, American Shipping Company ASA (AMSC) has a cash flow conversion efficiency ratio of -0.011x as of December 2024. 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 (Nkr-21.73 Million ≈ $-2.29 Million USD) by net assets (Nkr1.97 Billion ≈ $206.93 Million USD). 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 American Shipping Company ASA (2006–2024)
Cash flow conversion efficiency of American Shipping Company ASA from 2006 to 2024. This chart illustrates how American Shipping Company ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. View latest American Shipping Company ASA stock price today for real-time trading data and today's change.
American Shipping Company ASA Cash Flow Conversion Ratio Explained
American Shipping Company ASA 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.
American Shipping Company ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of American Shipping Company ASA ranked by their cash flow conversion efficiency. Also see American Shipping Company ASA stock valuation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Versarien PLC
LSE:VRS
|
0.156x |
|
Taylor Maritime Investments Ltd
LSE:TMI
|
0.102x |
|
Eason Technology Limited
NYSE:DXF
|
-0.103x |
|
Adamas One Corp. Common Stock
NASDAQ:JEWL
|
0.097x |
|
Grand Vision Media Holdings PLC
LSE:GVMH
|
0.025x |
|
Bimi International Medical Inc
NASDAQ:BIMI
|
-0.146x |
|
Windtree Therapeutics Inc
NASDAQ:WINT
|
0.549x |
|
Captivision Inc
NASDAQ:CAPT
|
0.085x |
Annual Cash Flow Conversion Efficiency for American Shipping Company ASA (2006–2024)
The table below shows the annual cash flow conversion efficiency of American Shipping Company ASA from 2006 to 2024. Review AMSC free cash flow generation 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 |
|---|---|---|---|---|
| 2024-12-31 | Nkr2.20 Billion ≈ $231.36 Million |
Nkr-15.73 Million ≈ $-1.66 Million |
-0.007x | +86.97% |
| 2023-12-31 | Nkr1.16 Billion ≈ $122.55 Million |
Nkr-63.94 Million ≈ $-6.73 Million |
-0.055x | -115.37% |
| 2022-12-31 | Nkr175.02 Million ≈ $18.42 Million |
Nkr62.54 Million ≈ $6.58 Million |
0.357x | -8.65% |
| 2021-12-31 | Nkr149.21 Million ≈ $15.70 Million |
Nkr58.36 Million ≈ $6.14 Million |
0.391x | +43.76% |
| 2020-12-31 | Nkr161.28 Million ≈ $16.97 Million |
Nkr43.88 Million ≈ $4.62 Million |
0.272x | +25.01% |
| 2019-12-31 | Nkr164.97 Million ≈ $17.36 Million |
Nkr35.91 Million ≈ $3.78 Million |
0.218x | -19.76% |
| 2018-12-31 | Nkr176.07 Million ≈ $18.53 Million |
Nkr47.76 Million ≈ $5.03 Million |
0.271x | -0.60% |
| 2017-12-31 | Nkr186.87 Million ≈ $19.66 Million |
Nkr51.00 Million ≈ $5.37 Million |
0.273x | -5.87% |
| 2016-12-31 | Nkr195.64 Million ≈ $20.59 Million |
Nkr56.72 Million ≈ $5.97 Million |
0.290x | +27.87% |
| 2015-12-31 | Nkr224.24 Million ≈ $23.60 Million |
Nkr50.84 Million ≈ $5.35 Million |
0.227x | +39.53% |
| 2014-12-31 | Nkr234.54 Million ≈ $24.68 Million |
Nkr38.11 Million ≈ $4.01 Million |
0.162x | -71.34% |
| 2013-12-31 | Nkr72.80 Million ≈ $7.66 Million |
Nkr41.28 Million ≈ $4.34 Million |
0.567x | -34.36% |
| 2012-12-31 | Nkr41.89 Million ≈ $4.41 Million |
Nkr36.19 Million ≈ $3.81 Million |
0.864x | +34.50% |
| 2011-12-31 | Nkr50.77 Million ≈ $5.34 Million |
Nkr32.61 Million ≈ $3.43 Million |
0.642x | -16.07% |
| 2010-12-31 | Nkr58.23 Million ≈ $6.13 Million |
Nkr44.56 Million ≈ $4.69 Million |
0.765x | +53.17% |
| 2009-12-31 | Nkr78.77 Million ≈ $8.29 Million |
Nkr39.35 Million ≈ $4.14 Million |
0.500x | +424.91% |
| 2008-12-31 | Nkr101.01 Million ≈ $10.63 Million |
Nkr-15.53 Million ≈ $-1.63 Million |
-0.154x | -169.29% |
| 2007-12-31 | Nkr155.73 Million ≈ $16.39 Million |
Nkr34.56 Million ≈ $3.64 Million |
0.222x | +219.09% |
| 2006-12-31 | Nkr191.66 Million ≈ $20.17 Million |
Nkr13.33 Million ≈ $1.40 Million |
0.070x | -- |
About American Shipping Company ASA
AMSC ASA does not have significant operations. Previously, the company invested in maritime assets and companies in the United States. The company was formerly known as American Shipping Company ASA and changed its name to AMSC ASA in October 2022. AMSC ASA was founded in 2005 and is headquartered in Lysaker, Norway.