Himalaya Shipping Ltd (HSHP) - Cash Flow Conversion Efficiency

Latest as of September 2025: 0.114x

Based on the latest financial reports, Himalaya Shipping Ltd (HSHP) has a cash flow conversion efficiency ratio of 0.114x 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 (Nkr18.30 Million ≈ $1.93 Million USD) by net assets (Nkr160.10 Million ≈ $16.85 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 Himalaya Shipping Ltd (HSHP) defensive interval to measure how many days the company can operate on defensive assets alone.

Himalaya Shipping Ltd - Cash Flow Conversion Efficiency Trend (2021–2024)

This chart illustrates how Himalaya Shipping Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data.

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
Shanghai Kaibao Pharmaceutical SHE:300039	0.042x
Shandong Xiantan Co Ltd SHE:002746	0.052x
PharmaResources (Shanghai) Co. Ltd. A SHE:301230	N/A
WESTROCK COFFEE CL.A F:V3J	0.135x
Tatwah Smartech Co Ltd SHE:002512	0.085x
Zhejiang Yuejian Intelligent Equipment Co Ltd SHG:603095	0.028x
Kangxin New Materials Co Ltd SHG:600076	-0.009x
AECI Ltd JSE:AFE	0.035x

Annual Cash Flow Conversion Efficiency for Himalaya Shipping Ltd (2021–2024)

The table below shows the annual cash flow conversion efficiency of Himalaya Shipping Ltd from 2021 to 2024. 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
2024-12-31	Nkr154.72 Million ≈ $16.28 Million	Nkr55.84 Million ≈ $5.88 Million	0.361x	+759.66%
2023-12-31	Nkr154.21 Million ≈ $16.23 Million	Nkr6.47 Million ≈ $681.25K	0.042x	+377.27%
2022-12-31	Nkr90.69 Million ≈ $9.54 Million	Nkr-1.37 Million ≈ $-144.50K	-0.015x	-185.41%
2021-12-31	Nkr91.78 Million ≈ $9.66 Million	Nkr-486.93K ≈ $-51.24K	-0.005x	--

About Himalaya Shipping Ltd

OL:HSHP Norway Marine Shipping

Market Cap

$687.25 Million

Nkr6.53 Billion NOK

Market Cap Rank

#10869 Global

#78 in Norway

Share Price

Nkr140.00

Change (1 day)

-1.13%

52-Week Range

Nkr57.80 - Nkr148.80

All Time High

Nkr148.80