Philly Shipyard ASA (PHLY) - 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.
Philly Shipyard ASA - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Philly Shipyard ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Philly Shipyard ASA total liabilities for a breakdown of total debt and financial obligations.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sweden BuyersClub AB
ST:BUY
|
0.048x |
|
The GrowHub Limited Class A Ordinary Shares
NASDAQ:TGHL
|
0.869x |
|
Pacific Assets Trust plc
LSE:PAC
|
0.000x |
|
Cahaya Bintang Medan Tbk Pt
JK:CBMF
|
0.000x |
|
Cerebra Integrated Technologies Limited
NSE:CEREBRAINT
|
0.016x |
|
Rank Group PLC
LSE:RNK
|
0.130x |
|
Cycurion, Inc.
NASDAQ:CYCU
|
-0.204x |
|
Senmiao Technology Ltd
NASDAQ:AIHS
|
-0.228x |
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. For the full company profile with market capitalisation and key ratios, see Philly Shipyard ASA stock valuation.
| 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