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 HSHP equity to assets ratio to measure how much of total assets are equity-financed.

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. Check how high is Himalaya Shipping Ltd's earnings quality to evaluate the quality of earnings relative to operating cash generation.

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
Cheng Loong Corp TW:1904	0.055x
Qingdao Tianneng Heavy Industries Co Ltd SHE:300569	0.054x
Thanh Thanh Cong Tay Ninh JSC VN:SBT	0.001x
Halo Microelectronics Co. Ltd. A SHG:688173	N/A
Jiangsu Jiuding New Material Co Ltd SHE:002201	0.068x
Sabre Corpo NASDAQ:SABR	0.133x
Vishay Precision Group Inc NYSE:VPG	-0.004x
Xinjiang Beixin Road&Bridge Group Co Ltd SHE:002307	0.022x

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

$731.43 Million

Nkr6.95 Billion NOK

Market Cap Rank

#10151 Global

#76 in Norway

Share Price

Nkr149.00

Change (1 day)

+3.33%

52-Week Range

Nkr71.20 - Nkr154.60

All Time High

Nkr154.60