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. See Philly Shipyard ASA (PHLY) balance sheet quality index to measure how much of total assets are equity-financed.
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. Check Philly Shipyard ASA (PHLY) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
D.T.C. Industries Public Company Limited
BK:DTCI
|
0.010x |
|
Power Line Engineering Public Company Limited
BK:PLE
|
0.243x |
|
Brilliant Future AB
ST:BRILL
|
-0.207x |
|
Cahaya Bintang Medan Tbk Pt
JK:CBMF
|
0.000x |
|
Nippon Active Value Fund Plc
LSE:NAVF
|
0.005x |
|
CodeLab Capital A/S
OL:CODE
|
-0.556x |
|
Bioatla Inc
NASDAQ:BCAB
|
0.141x |
|
WebRock Ventures AB
ST:WRV
|
-0.007x |
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 PHLY market cap.
| 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