Avance Gas Holding Ltd
Avance Gas Holding Ltd, together with its subsidiaries, engages in the transportation of liquefied petroleum gas (LPG) worldwide. It transports LPG from the Middle East Gulf and the United States Gulf/the United States East Coast to destinations in Asia through the Panama Canal. The company was founded in 2007 and is based in Hamilton, Bermuda. Avance Gas Holding Ltd is a subsidiary of Hemen Hold… Read more
Avance Gas Holding Ltd (AVACF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2025: 0.029x
Based on the latest financial reports, Avance Gas Holding Ltd (AVACF) has a cash flow conversion efficiency ratio of 0.029x as of March 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 ($1.74 Million) by net assets ($60.73 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Avance Gas Holding Ltd - Cash Flow Conversion Efficiency Trend (2012–2024)
This chart illustrates how Avance Gas Holding Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Avance Gas Holding Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Avance Gas Holding Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Picomat Plastic JSC
VN:PCH
|
N/A |
|
Vietnam National Reinsurance
VN:VNR
|
N/A |
|
LGMHD
PINK:LGMHD
|
N/A |
|
BOSS RESOURCES
BE:B8Y
|
N/A |
|
Gimat Magazacilik Sanayi ve Ticaret AS
IS:GMTAS
|
-0.042x |
|
Empower Clinics Inc
OTCQB:EPWCF
|
0.084x |
|
Forte Group Holdings Inc.
PINK:FGHFF
|
-0.314x |
|
Meridia Real Estate III Socimi SA
MC:YMRE
|
0.044x |
Annual Cash Flow Conversion Efficiency for Avance Gas Holding Ltd (2012–2024)
The table below shows the annual cash flow conversion efficiency of Avance Gas Holding Ltd from 2012 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $453.92 Million | $203.66 Million | 0.449x | +63.85% |
| 2023-12-31 | $603.79 Million | $165.33 Million | 0.274x | +35.34% |
| 2022-12-31 | $603.92 Million | $122.19 Million | 0.202x | +50.27% |
| 2021-12-31 | $539.17 Million | $72.60 Million | 0.135x | -22.82% |
| 2020-12-31 | $452.57 Million | $78.95 Million | 0.174x | -14.07% |
| 2019-12-31 | $411.11 Million | $83.46 Million | 0.203x | +1383.18% |
| 2018-12-31 | $364.57 Million | $-5.77 Million | -0.016x | +45.79% |
| 2017-12-31 | $403.93 Million | $-11.79 Million | -0.029x | -115.70% |
| 2016-12-31 | $456.96 Million | $84.95 Million | 0.186x | -44.40% |
| 2015-12-31 | $499.94 Million | $167.17 Million | 0.334x | +112.44% |
| 2014-12-31 | $508.50 Million | $80.04 Million | 0.157x | +72.99% |
| 2013-12-31 | $392.37 Million | $35.70 Million | 0.091x | -15.23% |
| 2012-12-31 | $112.20 Million | $12.04 Million | 0.107x | -- |