Shelf Drilling Ltd (SHLF) - 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. See SHLF equity to assets ratio to measure how much of total assets are equity-financed.
Shelf Drilling Ltd - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Shelf Drilling Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check SHLF cash to earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Jiangsu Changqing Agrochemical Co Ltd
SHE:002391
|
0.055x |
|
Anhui Ankai Automobile Co Ltd
SHE:000868
|
0.002x |
|
One Liberty Properties Inc
NYSE:OLP
|
0.015x |
|
Hangzhou Dadi Haiyang Environmental Protection Co. Ltd.
SHE:301068
|
N/A |
|
Shenzhen Haoningda Meters Co Ltd
SHE:002356
|
-0.012x |
|
El Pollo Loco Holdings Inc
NASDAQ:LOCO
|
0.043x |
|
CareRay Digital Medical Technology Co Ltd
SHG:688607
|
-0.026x |
|
United Faith Auto-Engineering Co. Ltd.
SHE:301112
|
-0.018x |
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. For the full company profile with market capitalisation and key ratios, see SHLF market cap.
| 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