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 net assets of Himalaya Shipping Ltd for net asset value and shareholders' equity analysis.

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. For the full company profile with market capitalisation and key ratios, see HSHP market cap overview.

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
Puyang Huicheng Electronic Material Co Ltd SHE:300481	0.024x
CTO Realty Growth Inc NYSE:CTO	0.046x
SÜSS MicroTec SE F:SMHN	0.019x
Phat Dat Real Estate Development Corp VN:PDR	-0.026x
HANSEN TECHNOLOGIES LTD. F:H2T	N/A
Performant Healthcare, Inc NASDAQ:PHLT	0.005x
Shandong Shengli Co Ltd SHE:000407	0.029x
Suzhou Sunmun Technology Co Ltd SHE:300522	-0.011x

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. Read Himalaya Shipping Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.

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

$623.43 Million

Nkr5.92 Billion NOK

Market Cap Rank

#11415 Global

#79 in Norway

Share Price

Nkr127.00

Change (1 day)

-1.09%

52-Week Range

Nkr55.00 - Nkr141.00

All Time High

Nkr141.00