American Shipping Company ASA (AMSC) - 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. See net asset quality index of American Shipping Company ASA to measure how much of total assets are equity-financed.
American Shipping Company ASA - Cash Flow Conversion Efficiency Trend (2006–2024)
This chart illustrates how American Shipping Company ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check AMSC cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Versarien PLC
LSE:VRS
|
0.156x |
|
Eason Technology Limited
NYSE:DXF
|
-0.103x |
|
Taylor Maritime Investments Ltd
LSE:TMI
|
0.061x |
|
Yeh-Chiang Technology
TWO:6124
|
-0.087x |
|
L1 Group Limited
AU:L1G
|
0.071x |
|
Grand Vision Media Holdings PLC
LSE:GVMH
|
0.025x |
|
NH Special Purpose Acquisition 21 Co. Ltd.
KQ:391710
|
0.166x |
|
Seneca Growth Capital VCT PLC
LSE:HYG
|
-0.005x |
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. For the full company profile with market capitalisation and key ratios, see American Shipping Company ASA market cap and net worth.
| 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.