First Ship Lease Trust
First Ship Lease Trust, a business trust, owns a fleet of vessels in various shipping sub-sectors in Asia, Europe, and internationally. The company is involved in leasing and chartering vessels on long-term bareboat charters to the international shipping industry; and on short-term time charters, or in pools or spot markets. As of December 31, 2021, it operated 11 vessels, which included eight sm… Read more
First Ship Lease Trust (FSLUF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2022: 0.071x
Based on the latest financial reports, First Ship Lease Trust (FSLUF) has a cash flow conversion efficiency ratio of 0.071x as of December 2022.
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 ($3.61 Million) by net assets ($51.14 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
First Ship Lease Trust - Cash Flow Conversion Efficiency Trend (2014–2025)
This chart illustrates how First Ship Lease Trust's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
First Ship Lease Trust Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of First Ship Lease Trust ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ODTech Co. Ltd
KQ:080520
|
-0.012x |
|
Aker Technology Co Ltd
TWO:6174
|
0.030x |
|
Aadi Bioscience Inc
NASDAQ:AADI
|
-0.287x |
|
South West Pinnacle Exploration Limited
NSE:SOUTHWEST
|
-0.017x |
|
FNC Entertainment Co Ltd
KQ:173940
|
-0.235x |
|
Favelle Favco Bhd
KLSE:7229
|
0.041x |
|
Yuan Jen Enterprises Co Ltd
TW:1725
|
0.071x |
|
AWC Berhad
KLSE:7579
|
0.141x |
Annual Cash Flow Conversion Efficiency for First Ship Lease Trust (2014–2025)
The table below shows the annual cash flow conversion efficiency of First Ship Lease Trust from 2014 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $43.41 Million | $4.43 Million | 0.102x | -49.28% |
| 2024-12-31 | $36.55 Million | $7.35 Million | 0.201x | +68.75% |
| 2023-12-31 | $54.81 Million | $6.53 Million | 0.119x | -55.41% |
| 2022-12-31 | $51.14 Million | $13.66 Million | 0.267x | +211.02% |
| 2021-12-31 | $66.16 Million | $5.68 Million | 0.086x | -70.69% |
| 2020-12-31 | $129.56 Million | $37.97 Million | 0.293x | +33.81% |
| 2019-12-31 | $202.88 Million | $44.43 Million | 0.219x | -9.25% |
| 2018-12-31 | $155.26 Million | $37.47 Million | 0.241x | -11.83% |
| 2017-12-31 | $173.69 Million | $47.54 Million | 0.274x | +1.13% |
| 2016-12-31 | $247.45 Million | $66.97 Million | 0.271x | -4.53% |
| 2015-12-31 | $278.18 Million | $78.86 Million | 0.283x | +10.75% |
| 2014-12-31 | $266.73 Million | $68.28 Million | 0.256x | -- |