Shelf Drilling Ltd Cash Flow Conversion Efficiency
Shelf Drilling Ltd cash flow conversion efficiency. Based on the latest financial reports, Shelf Drilling Ltd (SHLF) has a cash flow conversion efficiency ratio of 0.039x as of June 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 (Nkr17.80 Million ≈ $1.87 Million USD) by net assets (Nkr455.70 Million ≈ $47.95 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 Shelf Drilling Ltd (2014–2024)
Cash flow conversion efficiency of Shelf Drilling Ltd from 2014 to 2024. This chart illustrates how Shelf Drilling Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Shelf Drilling Ltd stock price for real-time trading data and today's change.
Shelf Drilling Ltd Cash Flow Conversion Ratio Explained
Shelf Drilling Ltd 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.
Shelf Drilling Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shelf Drilling Ltd ranked by their cash flow conversion efficiency. Also see SHLF stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Beijing Sanlian Hope Shin-Gosen Technical Service Co Ltd
SHE:300384
|
-0.003x |
|
Actblue Co Ltd
SHE:300816
|
0.050x |
|
Qualitas Ltd
AU:QAL
|
-0.247x |
|
Bahnhof AB Series B
ST:BAHN-B
|
0.072x |
|
JOONGANG DNM Co.Ltd
KQ:051980
|
0.004x |
|
Hangzhou Alltest Biotech Co. Ltd. A
SHG:688606
|
0.014x |
|
Shenzhen MinDe Electronics Technology Ltd
SHE:300656
|
0.020x |
|
Zinzino AB Series B
ST:ZZ-B
|
0.108x |
Annual Cash Flow Conversion Efficiency for Shelf Drilling Ltd (2014–2024)
The table below shows the annual cash flow conversion efficiency of Shelf Drilling Ltd from 2014 to 2024. Review SHLF cash flow after capex ratio 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 | Nkr428.30 Million ≈ $45.07 Million |
Nkr28.10 Million ≈ $2.96 Million |
0.066x | -69.34% |
| 2023-12-31 | Nkr402.30 Million ≈ $42.33 Million |
Nkr86.10 Million ≈ $9.06 Million |
0.214x | +154.69% |
| 2022-12-31 | Nkr235.58 Million ≈ $24.79 Million |
Nkr19.80 Million ≈ $2.08 Million |
0.084x | +210.55% |
| 2021-12-31 | Nkr213.67 Million ≈ $22.48 Million |
Nkr-16.24 Million ≈ $-1.71 Million |
-0.076x | -140.51% |
| 2020-12-31 | Nkr288.96 Million ≈ $30.41 Million |
Nkr54.22 Million ≈ $5.71 Million |
0.188x | +918.66% |
| 2019-12-31 | Nkr561.45 Million ≈ $59.08 Million |
Nkr-12.87 Million ≈ $-1.35 Million |
-0.023x | -135.94% |
| 2018-12-31 | Nkr591.26 Million ≈ $62.22 Million |
Nkr37.70 Million ≈ $3.97 Million |
0.064x | +3.13% |
| 2017-12-31 | Nkr675.22 Million ≈ $71.05 Million |
Nkr41.75 Million ≈ $4.39 Million |
0.062x | -82.82% |
| 2016-12-31 | Nkr379.45 Million ≈ $39.93 Million |
Nkr136.53 Million ≈ $14.37 Million |
0.360x | +11.12% |
| 2015-12-31 | Nkr410.78 Million ≈ $43.23 Million |
Nkr133.01 Million ≈ $14.00 Million |
0.324x | -50.25% |
| 2014-12-31 | Nkr590.45 Million ≈ $62.13 Million |
Nkr384.32 Million ≈ $40.44 Million |
0.651x | -- |
About Shelf Drilling Ltd
Shelf Drilling, Ltd., together with its subsidiaries, operates as a shallow water offshore drilling contractor in the Middle East, North Africa, the Mediterranean, Southeast Asia, India, West Africa, and the North Sea. The company offers equipment and services for the drilling, completion, maintenance, and decommissioning of oil and natural gas wells, and associated services using the rigs of its… Read more