Havila Shipping ASA
Havila Shipping ASA, together with its subsidiaries, engages in the shipping business. It operates and manages offshore service vessels primarily in Norway, the United Kingdom, Denmark, Belgium, the Netherlands, Iceland, Tunisia, the Marshall Islands, and the United States. The company operates a fleet of vessels, including anchor handling vessels, platform supply vessels, rescue recovery vessel,… Read more
Havila Shipping ASA (HAVI) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.404x
Based on the latest financial reports, Havila Shipping ASA (HAVI) has a cash flow conversion efficiency ratio of 0.404x as of September 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 (Nkr146.44 Million) by net assets (Nkr362.92 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Havila Shipping ASA - Cash Flow Conversion Efficiency Trend (2004–2024)
This chart illustrates how Havila Shipping ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Havila Shipping ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Havila Shipping ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
BioMark Diagnostics Inc
PINK:BMKDF
|
0.173x |
|
Taiwan Thick-Film Ind
TWO:6246
|
-0.090x |
|
Gauzy Ltd. Ordinary Shares
NASDAQ:GAUZ
|
-0.185x |
|
Gia Lai Electricity JSC
VN:GEG
|
0.076x |
|
Promimic AB
ST:PRO
|
-0.017x |
|
Shengfeng Development Limited Class A Ordinary Shares
NASDAQ:SFWL
|
-0.112x |
|
Garuda Maintenance Facility AeroAsia Tbk PT
JK:GMFI
|
-0.043x |
|
Paringa Resources Limited
PINK:PNGZF
|
0.163x |
Annual Cash Flow Conversion Efficiency for Havila Shipping ASA (2004–2024)
The table below shows the annual cash flow conversion efficiency of Havila Shipping ASA from 2004 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr327.17 Million | Nkr229.64 Million | 0.702x | -85.68% |
| 2023-12-31 | Nkr19.53 Million | Nkr95.77 Million | 4.903x | +311.47% |
| 2022-12-31 | Nkr-93.50 Million | Nkr216.78 Million | -2.319x | -135.23% |
| 2021-12-31 | Nkr19.22 Million | Nkr126.47 Million | 6.581x | +571.06% |
| 2020-12-31 | Nkr137.14 Million | Nkr134.50 Million | 0.981x | +1167.55% |
| 2019-12-31 | Nkr-1.03 Billion | Nkr95.04 Million | -0.092x | -285.77% |
| 2018-12-31 | Nkr-712.54 Million | Nkr-35.24 Million | 0.049x | +109.21% |
| 2017-12-31 | Nkr423.14 Million | Nkr-227.13 Million | -0.537x | +8.33% |
| 2016-12-31 | Nkr-699.94 Million | Nkr409.84 Million | -0.586x | -181.33% |
| 2015-12-31 | Nkr502.40 Million | Nkr361.71 Million | 0.720x | +286.44% |
| 2014-12-31 | Nkr2.02 Billion | Nkr376.72 Million | 0.186x | +21.73% |
| 2013-12-31 | Nkr2.02 Billion | Nkr309.39 Million | 0.153x | +56.73% |
| 2012-12-31 | Nkr2.01 Billion | Nkr196.09 Million | 0.098x | -30.47% |
| 2011-12-31 | Nkr1.81 Billion | Nkr254.08 Million | 0.140x | +209.96% |
| 2010-12-31 | Nkr1.70 Billion | Nkr76.79 Million | 0.045x | -63.62% |
| 2009-12-31 | Nkr1.70 Billion | Nkr212.07 Million | 0.125x | -34.16% |
| 2008-12-31 | Nkr1.13 Billion | Nkr212.96 Million | 0.189x | -62.94% |
| 2007-12-31 | Nkr879.48 Million | Nkr448.85 Million | 0.510x | +59.07% |
| 2006-12-31 | Nkr989.43 Million | Nkr317.45 Million | 0.321x | +18.40% |
| 2005-12-31 | Nkr646.35 Million | Nkr175.15 Million | 0.271x | +21.15% |
| 2004-12-31 | Nkr242.82 Million | Nkr54.31 Million | 0.224x | -- |