Philly Shipyard ASA (PHLY) - Cash Flow Conversion Efficiency

Latest as of December 2024: -0.615x

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 operational self-sufficiency of Philly Shipyard ASA to measure how many days the company can operate on defensive assets alone.

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.

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
Anglo Asian Mining Plc LSE:AAZ	0.159x
PZ Cussons PLC LSE:PZC	0.034x
Cahaya Bintang Medan Tbk Pt JK:CBMF	0.000x
Ansal Properties & Infrastructure Limited NSE:ANSALAPI	-0.110x
U Power Limited Ordinary Shares NASDAQ:UCAR	-0.110x
First Venture Sweden AB Series B ST:FIRST-B	-0.027x
Tan Dai Hung Plastic JSC VN:TPC	N/A
Enova Mining Ltd AU:ENV	-0.031x

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

OL:PHLY Norway Aerospace & Defense

Market Cap

$5.48 Million

Nkr52.06 Million NOK

Market Cap Rank

#28387 Global

#257 in Norway

Share Price

Nkr4.30

Change (1 day)

+2.87%

52-Week Range

Nkr3.96 - Nkr4.91

All Time High

Nkr192.00