Philly Shipyard ASA Cash Flow Conversion Efficiency
Philly Shipyard ASA cash flow conversion efficiency. Based on the latest financial reports, Philly Shipyard ASA (PHLY) has a cash flow conversion efficiency ratio of -0.615x as of December 2024. 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 (Nkr-59.22 Million ≈ $-6.23 Million USD) by net assets (Nkr96.35 Million ≈ $10.14 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Philly Shipyard ASA (2016–2024)
Cash flow conversion efficiency of Philly Shipyard ASA from 2016 to 2024. This chart illustrates how Philly Shipyard ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Philly Shipyard ASA stock price for real-time trading data and today's change.
Philly Shipyard ASA Cash Flow Conversion Ratio Explained
Philly Shipyard ASA cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Philly Shipyard ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Philly Shipyard ASA ranked by their cash flow conversion efficiency. Also see how much is Philly Shipyard ASA worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
MKDWELL Tech Inc. Ordinary Share
NASDAQ:MKDW
|
0.162x |
|
COLLPLANT BIOTECH. IS-01
F:CPT
|
-0.624x |
|
Kalgoorlie Gold Mining Ltd
AU:KAL
|
-0.023x |
|
SenesTech Inc
NASDAQ:SNES
|
-0.122x |
|
Fidelity Minerals Corp
V:FMN
|
-0.029x |
|
Elkop SA
WAR:EKP
|
0.043x |
|
REGENER8 Resources NL
AU:R8R
|
-0.120x |
|
Finetek Co. Ltd
KQ:131760
|
0.090x |
Annual Cash Flow Conversion Efficiency for Philly Shipyard ASA (2016–2024)
The table below shows the annual cash flow conversion efficiency of Philly Shipyard ASA from 2016 to 2024. Review cash generation quality of Philly Shipyard ASA to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr96.35 Million ≈ $10.14 Million |
Nkr-59.22 Million ≈ $-6.23 Million |
-0.615x | -107.93% |
| 2023-12-31 | Nkr5.83 Million ≈ $614.01K |
Nkr45.25 Million ≈ $4.76 Million |
7.754x | +645.04% |
| 2022-12-31 | Nkr73.77 Million ≈ $7.76 Million |
Nkr-104.95 Million ≈ $-11.04 Million |
-1.423x | -170.43% |
| 2021-12-31 | Nkr85.50 Million ≈ $9.00 Million |
Nkr172.72 Million ≈ $18.18 Million |
2.020x | +274.93% |
| 2020-12-31 | Nkr92.84 Million ≈ $9.77 Million |
Nkr50.02 Million ≈ $5.26 Million |
0.539x | +342.86% |
| 2019-12-31 | Nkr91.27 Million ≈ $9.60 Million |
Nkr-20.25 Million ≈ $-2.13 Million |
-0.222x | +27.21% |
| 2018-12-31 | Nkr111.48 Million ≈ $11.73 Million |
Nkr-33.98 Million ≈ $-3.58 Million |
-0.305x | -143.27% |
| 2017-12-31 | Nkr155.58 Million ≈ $16.37 Million |
Nkr109.59 Million ≈ $11.53 Million |
0.704x | +210.96% |
| 2016-12-31 | Nkr91.38 Million ≈ $9.62 Million |
Nkr20.70 Million ≈ $2.18 Million |
0.227x | -- |
About Philly Shipyard ASA
Philly Shipyard ASA is in the process of liquidation, operates a commercial shipyard that builds and repairs vessels for the United States Jones Act market and government. It owns a shipbuilding facility, which provides ocean-going merchant vessels, including containerships, product tankers, aframax tankers, and national security multi-mission vessels. Philly Shipyard ASA was formerly known as Ak… Read more