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. Also see Himalaya Shipping Ltd market cap and net worth for the company's overall valuation and market capitalisation.

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. Explore Himalaya Shipping Ltd cash earnings quality to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Ningbo Dechang Electrical Machinery Made Co Ltd SHG:605555	-0.019x
Strait Innovation Internet Co Ltd SHE:300300	-0.098x
Zhejiang Zhongxin Fluoride Materials Co Ltd Class A SHE:002915	-0.032x
Henan Tong-Da Cable Co Ltd SHE:002560	0.104x
Garware Technical Fibres Limited NSE:GARFIBRES	0.005x
Mingyue Optical Lens Co.Ltd. SHE:301101	N/A
Dongfeng Electronic Technology Co Ltd SHG:600081	0.063x
Kirloskar Ferrous Industries Limited NSE:KIRLFER	0.020x

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. View Himalaya Shipping Ltd stock quote for real-time trading data and today's change.

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

$829.61 Million

Nkr7.88 Billion NOK

Market Cap Rank

#9737 Global

#71 in Norway

Share Price

Nkr169.00

Change (1 day)

+1.56%

52-Week Range

Nkr75.80 - Nkr172.80

All Time High

Nkr172.80