Solstad Offsho (SOFF) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Solstad Offsho (SOFF) has a cash flow conversion efficiency ratio of 0.234x 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 (Nkr79.95 Million ≈ $8.41 Million USD) by net assets (Nkr342.27 Million ≈ $36.02 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see SOFF market cap overview for the company's overall valuation and market capitalisation.
Solstad Offsho - Cash Flow Conversion Efficiency Trend (2000–2024)
This chart illustrates how Solstad Offsho's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Solstad Offsho Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Solstad Offsho ranked by their cash flow conversion efficiency. Explore SOFF cash to earnings ratio to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Dalian Insulator Group Co Ltd
SHE:002606
|
0.026x |
|
HMT Limited
NSE:HMT
|
-0.004x |
|
Close Brothers Group plc
F:CS3
|
-0.084x |
|
Ningbo Donly Co Ltd
SHE:002164
|
0.025x |
|
Shenzhen Sunnypol Optoelectronics Co Ltd
SHE:002876
|
-0.042x |
|
Xiandai Investment Co Ltd
SHE:000900
|
0.078x |
|
Yieh Phui Enterprise Co Ltd
TW:2023
|
0.038x |
|
Guangdong Meiyan Jixiang Hydropower Co Ltd
SHG:600868
|
0.026x |
Annual Cash Flow Conversion Efficiency for Solstad Offsho (2000–2024)
The table below shows the annual cash flow conversion efficiency of Solstad Offsho from 2000 to 2024. View SOFF live share price for real-time trading data and today's change.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | Nkr3.27 Billion ≈ $343.95 Million |
Nkr96.27 Million ≈ $10.13 Million |
0.029x | -97.99% |
| 2023-12-31 | Nkr1.82 Billion ≈ $192.00 Million |
Nkr2.68 Billion ≈ $281.55 Million |
1.466x | +78.20% |
| 2022-12-31 | Nkr1.76 Billion ≈ $185.47 Million |
Nkr1.45 Billion ≈ $152.62 Million |
0.823x | +83.37% |
| 2021-12-31 | Nkr3.08 Billion ≈ $324.47 Million |
Nkr1.38 Billion ≈ $145.61 Million |
0.449x | +145.39% |
| 2020-12-31 | Nkr4.24 Billion ≈ $446.49 Million |
Nkr775.96 Million ≈ $81.65 Million |
0.183x | +169.44% |
| 2019-12-31 | Nkr-3.84 Billion ≈ $-403.60 Million |
Nkr1.01 Billion ≈ $106.29 Million |
-0.263x | +82.01% |
| 2018-12-31 | Nkr-850.67 Million ≈ $-89.52 Million |
Nkr1.25 Billion ≈ $131.06 Million |
-1.464x | -1080.63% |
| 2017-12-31 | Nkr4.96 Billion ≈ $522.27 Million |
Nkr741.03 Million ≈ $77.98 Million |
0.149x | -20.26% |
| 2016-12-31 | Nkr3.46 Billion ≈ $363.65 Million |
Nkr647.08 Million ≈ $68.09 Million |
0.187x | -10.15% |
| 2015-12-31 | Nkr3.67 Billion ≈ $385.93 Million |
Nkr764.29 Million ≈ $80.43 Million |
0.208x | -30.40% |
| 2014-12-31 | Nkr5.06 Billion ≈ $532.20 Million |
Nkr1.51 Billion ≈ $159.35 Million |
0.299x | +108.72% |
| 2013-12-31 | Nkr4.95 Billion ≈ $521.33 Million |
Nkr710.71 Million ≈ $74.79 Million |
0.143x | -21.14% |
| 2012-12-31 | Nkr4.66 Billion ≈ $490.84 Million |
Nkr848.48 Million ≈ $89.28 Million |
0.182x | +104.67% |
| 2011-12-31 | Nkr4.42 Billion ≈ $464.68 Million |
Nkr392.46 Million ≈ $41.30 Million |
0.089x | -61.90% |
| 2010-12-31 | Nkr4.99 Billion ≈ $525.03 Million |
Nkr1.16 Billion ≈ $122.47 Million |
0.233x | -19.62% |
| 2009-12-31 | Nkr4.63 Billion ≈ $487.24 Million |
Nkr1.34 Billion ≈ $141.40 Million |
0.290x | -3.27% |
| 2008-12-31 | Nkr3.70 Billion ≈ $389.10 Million |
Nkr1.11 Billion ≈ $116.73 Million |
0.300x | +4.95% |
| 2007-12-31 | Nkr3.72 Billion ≈ $391.18 Million |
Nkr1.06 Billion ≈ $111.82 Million |
0.286x | -1.30% |
| 2006-12-31 | Nkr3.17 Billion ≈ $333.97 Million |
Nkr919.16 Million ≈ $96.72 Million |
0.290x | +33.37% |
| 2005-12-31 | Nkr2.69 Billion ≈ $283.46 Million |
Nkr584.96 Million ≈ $61.56 Million |
0.217x | +77.09% |
| 2004-12-31 | Nkr2.23 Billion ≈ $234.57 Million |
Nkr273.35 Million ≈ $28.76 Million |
0.123x | -15.60% |
| 2003-12-31 | Nkr1.99 Billion ≈ $209.51 Million |
Nkr289.27 Million ≈ $30.44 Million |
0.145x | -52.16% |
| 2002-12-31 | Nkr1.91 Billion ≈ $200.94 Million |
Nkr579.90 Million ≈ $61.02 Million |
0.304x | -23.23% |
| 2001-12-31 | Nkr1.43 Billion ≈ $150.25 Million |
Nkr564.77 Million ≈ $59.43 Million |
0.396x | +81.49% |
| 2000-12-31 | Nkr1.20 Billion ≈ $126.27 Million |
Nkr261.52 Million ≈ $27.52 Million |
0.218x | -- |
About Solstad Offsho
Solstad Offshore ASA owns and operates offshore service vessels. It owns and operates construction service vessels and anchor handling tug support vessel and; and provides maritime services to offshore energy industry. The company offers renewable energy services, subsea support operations, node seismic operations, subsea construction activities, support for well stimulation operations, and subse… Read more