American Shipping Company ASA
AMSC ASA does not have significant operations. Previously, the company invested in maritime assets and companies in the United States. The company was formerly known as American Shipping Company ASA and changed its name to AMSC ASA in October 2022. AMSC ASA was founded in 2005 and is headquartered in Lysaker, Norway.
American Shipping Company ASA (ASCJF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2024: 0.010x
Based on the latest financial reports, American Shipping Company ASA (ASCJF) has a cash flow conversion efficiency ratio of 0.010x 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 ($22.80 Million) by net assets ($2.20 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
American Shipping Company ASA - Cash Flow Conversion Efficiency Trend (2013–2024)
This chart illustrates how American Shipping Company ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
American Shipping Company ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of American Shipping Company ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Autoline Industries Limited
NSE:AUTOIND
|
0.119x |
|
Premier Polyfilm Limited
NSE:PREMIERPOL
|
0.130x |
|
READING INTL A DL-01
F:46B
|
N/A |
|
China Evergrande New Energy Vehicle Group Limited
PINK:EVGRF
|
0.000x |
|
Flekkefjord Sparebank
OL:FFSB
|
N/A |
|
K Seng Seng Corporation Bhd
KLSE:5192
|
0.144x |
|
FiEE, Inc.
NASDAQ:FIEE
|
0.590x |
|
Viskase Companies Inc
PINK:VKSC
|
0.066x |
Annual Cash Flow Conversion Efficiency for American Shipping Company ASA (2013–2024)
The table below shows the annual cash flow conversion efficiency of American Shipping Company ASA from 2013 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $2.20 Billion | $28.80 Million | 0.013x | +102.35% |
| 2023-12-31 | $114.51 Million | $-63.94 Million | -0.558x | -256.37% |
| 2022-12-31 | $175.02 Million | $62.50 Million | 0.357x | -8.71% |
| 2021-12-31 | $149.21 Million | $58.36 Million | 0.391x | +43.76% |
| 2020-12-31 | $161.28 Million | $43.88 Million | 0.272x | +25.01% |
| 2019-12-31 | $164.97 Million | $35.91 Million | 0.218x | -19.76% |
| 2018-12-31 | $176.07 Million | $47.76 Million | 0.271x | -0.60% |
| 2017-12-31 | $186.87 Million | $51.00 Million | 0.273x | -5.87% |
| 2016-12-31 | $195.64 Million | $56.72 Million | 0.290x | +23.42% |
| 2015-12-31 | $216.43 Million | $50.84 Million | 0.235x | +42.84% |
| 2014-12-31 | $231.75 Million | $38.11 Million | 0.164x | -71.00% |
| 2013-12-31 | $72.80 Million | $41.28 Million | 0.567x | -- |