Shelf Drilling Ltd
Shelf Drilling, Ltd., together with its subsidiaries, operates as a shallow water offshore drilling contractor in the Middle East, North Africa, the Mediterranean, Southeast Asia, India, West Africa, and the North Sea. The company offers equipment and services for the drilling, completion, maintenance, and decommissioning of oil and natural gas wells, and associated services using the rigs of its… Read more
Shelf Drilling Ltd (SHLLF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2025: 0.039x
Based on the latest financial reports, Shelf Drilling Ltd (SHLLF) has a cash flow conversion efficiency ratio of 0.039x as of June 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 ($17.80 Million) by net assets ($455.70 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Shelf Drilling Ltd - Cash Flow Conversion Efficiency Trend (2014–2024)
This chart illustrates how Shelf Drilling 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.
Shelf Drilling Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Shelf Drilling Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
COWINTECH Co. Ltd
KQ:282880
|
-0.074x |
|
TUL Corporation
TWO:6150
|
-0.075x |
|
Power Metals Corp
OTCQB:PWRMF
|
-0.039x |
|
3-D Matrix Ltd
PINK:DMTRF
|
N/A |
|
President Bakery Public Company Limited
BK:PB
|
0.029x |
|
Crimson Wine
OTCQB:CWGL
|
0.013x |
|
Kintor Pharmaceutical Limited
PINK:KNTPF
|
-0.161x |
|
Arbor Technology
TWO:3594
|
-0.017x |
Annual Cash Flow Conversion Efficiency for Shelf Drilling Ltd (2014–2024)
The table below shows the annual cash flow conversion efficiency of Shelf Drilling Ltd from 2014 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $428.30 Million | $28.10 Million | 0.066x | -69.34% |
| 2023-12-31 | $402.30 Million | $86.10 Million | 0.214x | +241.09% |
| 2022-12-31 | $315.49 Million | $19.80 Million | 0.063x | +182.55% |
| 2021-12-31 | $213.67 Million | $-16.24 Million | -0.076x | -140.51% |
| 2020-12-31 | $288.96 Million | $54.22 Million | 0.188x | +918.66% |
| 2019-12-31 | $561.45 Million | $-12.87 Million | -0.023x | -135.94% |
| 2018-12-31 | $591.26 Million | $37.70 Million | 0.064x | +3.13% |
| 2017-12-31 | $675.22 Million | $41.75 Million | 0.062x | -82.82% |
| 2016-12-31 | $379.45 Million | $136.53 Million | 0.360x | +11.12% |
| 2015-12-31 | $410.78 Million | $133.01 Million | 0.324x | -50.25% |
| 2014-12-31 | $590.45 Million | $384.32 Million | 0.651x | -- |