Paragon Shipping Inc
Paragon Shipping Inc. provides shipping transportation services worldwide. It engages in the ocean transportation of drybulk cargoes, including commodities, such as iron ore, coal, grain, and other materials. Paragon Shipping Inc. was founded in 2006 and is based in Voula, Greece.
Paragon Shipping Inc (PRGNF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2015: 0.034x
Based on the latest financial reports, Paragon Shipping Inc (PRGNF) has a cash flow conversion efficiency ratio of 0.034x as of December 2015.
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 ($-1.55 Million) by net assets ($-45.19 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Paragon Shipping Inc - Cash Flow Conversion Efficiency Trend (2007–2016)
This chart illustrates how Paragon Shipping Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Paragon Shipping Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Paragon Shipping Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
BOOHOO GROUP PLC
LSE:DEBS
|
-254.000x |
|
HYBRIGENICS A-
BE:3HB
|
N/A |
|
Guyana Gold Corp
PINK:GYGC
|
0.017x |
|
BC Craft Supply Co. Ltd
PINK:CRFTF
|
0.008x |
|
Naeem Holding
EGX:NAHO
|
N/A |
|
Topcon Corporation
PINK:TOPCF
|
12.965x |
|
Kings Arms Yard Vct Plc
LSE:KAY
|
-0.003x |
|
Tykhe Corp
PINK:HALB
|
0.001x |
Annual Cash Flow Conversion Efficiency for Paragon Shipping Inc (2007–2016)
The table below shows the annual cash flow conversion efficiency of Paragon Shipping Inc from 2007 to 2016.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2016-12-31 | $-18.58 Million | $-1.90 Million | 0.102x | -40.96% |
| 2015-12-31 | $-45.19 Million | $-7.83 Million | 0.173x | +723.11% |
| 2014-12-31 | $222.40 Million | $-6.18 Million | -0.028x | -241.70% |
| 2013-12-31 | $232.65 Million | $4.56 Million | 0.020x | -68.40% |
| 2012-12-31 | $215.52 Million | $13.38 Million | 0.062x | -69.80% |
| 2011-12-31 | $221.22 Million | $45.47 Million | 0.206x | +66.31% |
| 2010-12-31 | $490.47 Million | $60.61 Million | 0.124x | -29.87% |
| 2009-12-31 | $456.27 Million | $80.41 Million | 0.176x | -34.88% |
| 2008-12-31 | $308.43 Million | $83.47 Million | 0.271x | +74.42% |
| 2007-12-31 | $275.64 Million | $42.77 Million | 0.155x | -- |