Harbor Star Shipping Services Inc
Harbor Star Shipping Services Inc operates in Highways & Railtracks.
Harbor Star Shipping Services Inc (TUGS) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: 0.169x
Based on the latest financial reports, Harbor Star Shipping Services Inc (TUGS) has a cash flow conversion efficiency ratio of 0.169x as of June 2023.
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 (₱329.64 Million) by net assets (₱1.95 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Harbor Star Shipping Services Inc - Cash Flow Conversion Efficiency Trend (2015–2022)
This chart illustrates how Harbor Star Shipping Services 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.
Harbor Star Shipping Services Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Harbor Star Shipping Services Inc ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PT Newport Marine Services TBK
JK:BOAT
|
N/A |
|
QBRICK AB (PUBL)
F:2A8
|
N/A |
|
I-Nexus
LSE:INX
|
-0.083x |
|
Paysafe Ltd. Wt
NYSE:PSFE-WT
|
N/A |
|
Maridive & oil services
EGX:MOIL
|
N/A |
|
MEI AH ENTERTAIN
BE:MFK1
|
N/A |
|
Industrial & Engineering Projects
EGX:IEEC
|
N/A |
|
China YiBai United Guarantee International Holding Inc
PINK:CBGH
|
-0.013x |
Annual Cash Flow Conversion Efficiency for Harbor Star Shipping Services Inc (2015–2022)
The table below shows the annual cash flow conversion efficiency of Harbor Star Shipping Services Inc from 2015 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | ₱1.74 Billion | ₱863.48 Million | 0.496x | -0.81% |
| 2021-12-31 | ₱1.24 Billion | ₱618.71 Million | 0.500x | -24.09% |
| 2020-12-31 | ₱1.15 Billion | ₱756.88 Million | 0.658x | -26.07% |
| 2019-12-31 | ₱1.25 Billion | ₱1.11 Billion | 0.890x | +549.76% |
| 2018-12-31 | ₱1.66 Billion | ₱227.31 Million | 0.137x | -22.05% |
| 2017-12-31 | ₱1.65 Billion | ₱289.74 Million | 0.176x | -21.95% |
| 2016-12-31 | ₱1.55 Billion | ₱349.87 Million | 0.225x | +38.20% |
| 2015-12-31 | ₱1.44 Billion | ₱234.33 Million | 0.163x | -- |