Mermaid Maritime Public Company Limited
Mermaid Maritime Public Company Limited, together with its subsidiaries, operates as a subsea and offshore services company in Thailand, Qatar, the United Arab Emirates, the United Kingdom, and Saudi Arabia. The company offers various subsea services, including inspection, repair and maintenance, infrastructure installation support, remotely operated vehicle support, and cable and flexible pipe l… Read more
Mermaid Maritime Public Company Limited (MMMPF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.015x
Based on the latest financial reports, Mermaid Maritime Public Company Limited (MMMPF) has a cash flow conversion efficiency ratio of -0.015x as of September 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 ($-3.50 Million) by net assets ($229.18 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Mermaid Maritime Public Company Limited - Cash Flow Conversion Efficiency Trend (2020–2024)
This chart illustrates how Mermaid Maritime Public Company Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Mermaid Maritime Public Company Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Mermaid Maritime Public Company Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Gulshan Polyols Limited
NSE:GULPOLY
|
-0.040x |
|
Advice It Infinite Pcl
BK:ADVICE
|
0.024x |
|
King Gen PCL
BK:KGEN
|
0.024x |
|
MiniLuxe Holding Corp
OTCQB:MNLXF
|
0.103x |
|
Actinium Pharmaceuticals Inc
NYSE MKT:ATNM
|
-0.459x |
|
Turk Ilac ve Serum Sanayi AS
IS:TRILC
|
0.023x |
|
Madison County Financial Inc
PINK:MCBK
|
0.004x |
|
Connect Biopharma Holdings Ltd
NASDAQ:CNTB
|
-0.314x |
Annual Cash Flow Conversion Efficiency for Mermaid Maritime Public Company Limited (2020–2024)
The table below shows the annual cash flow conversion efficiency of Mermaid Maritime Public Company Limited from 2020 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $184.80 Million | $15.64 Million | 0.085x | +45.03% |
| 2023-12-31 | $170.60 Million | $9.96 Million | 0.058x | -66.91% |
| 2022-12-31 | $160.94 Million | $28.39 Million | 0.176x | +1092.41% |
| 2021-12-31 | $160.68 Million | $-2.86 Million | -0.018x | +48.66% |
| 2020-12-31 | $177.30 Million | $-6.14 Million | -0.035x | -- |