American Shipping Company ASA (AMSC) - Cash Flow Conversion Efficiency

Latest as of December 2024: -0.011x

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.

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. Read American Shipping Company ASA debt and liabilities for a breakdown of total debt and financial obligations.

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
NewHold Investment Corp III Warrants NASDAQ:NHICW	-0.001x
Versarien PLC LSE:VRS	0.156x
Bagfas Bandirma Gubre Fabrikalari AS IS:BAGFS	-0.047x
Taylor Maritime Investments Ltd LSE:TMI	0.061x
Grand Vision Media Holdings PLC LSE:GVMH	0.025x
CuChi Commercial and Industrial Developing Investment JSC VN:CCI	N/A
SCG PACKAGING -FGN- BA 1 F:5Y7A	N/A
Taiwan Pelican Express Co Ltd TW:2642	0.025x

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 (AMSC) total market value.

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

OL:AMSC Norway Marine Shipping

Market Cap

$11.16 Million

Nkr106.07 Million NOK

Market Cap Rank

#31318 Global

#275 in Norway

Share Price

Nkr1.48

Change (1 day)

+0.00%

52-Week Range

Nkr0.00 - Nkr29.00

All Time High

Nkr41.06