Mermaid Maritime PCL

Mermaid Maritime PCL FCF Conversion

The FCF Conversion Rate (FCF/EBITDA) of Mermaid Maritime PCL (DU4.SI) as of Oct 28, 2026 is -103.39 %. In the previous year, FCF Conversion Rate (FCF/EBITDA) was -12.07 % — a change of 756.49% (lower).

FCF Conversion

-103.39 %

YoY

756.49%

Last updated:

FCF Conversion Rate (FCF/EBITDA) of Mermaid Maritime PCL is 2024 -103.39 % . FCF Conversion Rate (FCF/EBITDA) of Mermaid Maritime PCL was 2023 -12.07 % . It decreases by 756.49% lower compared to the previous year.

The Mermaid Maritime PCL FCF Conversion history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

FCF Conversion
Date
FCF Conversion
Jan 1, 2017
193.83 USD
Jan 1, 2018
-8.58 USD
Jan 1, 2019
20.69 USD
Jan 1, 2020
15.32 USD
Jan 1, 2021
73.10 USD
Jan 1, 2022
-6,902.05 USD
Jan 1, 2023
-12.07 USD
Jan 1, 2024
-103.39 USD
The Mermaid Maritime PCL FCF Conversion history
YEARFCF ConversionYoY
-103.39 %+756.49%
-12.07 %-99.83%
-6,902.05 %-9,542.13%
73.10 %+377.14%
15.32 %-25.97%
20.69 %-341.31%
-8.58 %-104.42%
193.83 %-29.51%
274.98 %+3,247.33%
8.21 %-97.27%
300.60 %—

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Mermaid Maritime PCL Stock analysis

What does Mermaid Maritime PCL do? Mermaid Maritime PCL generates revenue through its Subsea Division, which operates under the brand Mermaid Subsea Services. The company provides subsea engineering and drilling services to the offshore oil and gas industry, including subsea installation engineering, offshore decommissioning, inspection, repair and maintenance, construction and installation support, commissioning, and cable and pipe laying projects. Its services are delivered via a fleet of 7 subsea support vessels and 15 ROV systems owned and operated by the firm. The Subsea Division is represented by subsidiaries Mermaid Subsea Services (Thailand) and Mermaid Subsea Services (International) Ltd., both integrated under the Mermaid Subsea Services brand. The primary clients for Mermaid Maritime's services are companies within the offshore oil and gas sector. These clients purchase subsea engineering and drilling services for projects requiring specialized underwater operations, such as installation, maintenance, and decommissioning of offshore infrastructure. The firm's integrated service model allows it to offer comprehensive solutions for subsea projects, leveraging its fleet of vessels and ROV systems to meet client needs across various project phases. Mermaid Maritime's revenue streams are derived from the provision of subsea services, including inspection, repair, maintenance, installation, and decommissioning. The company's operational structure, with its subsidiaries operating under a unified brand, enables it to efficiently manage and scale its service offerings. By focusing on the offshore oil and gas industry, Mermaid Maritime targets a specific market segment where demand for specialized subsea services is consistent. Mermaid Maritime PCL is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Mermaid Maritime PCL stock

FCF Conversion Rate (FCF/EBITDA) of Mermaid Maritime PCL is -103.39 % in 2024.

FCF Conversion Rate (FCF/EBITDA) of Mermaid Maritime PCL changed from -12.07 % to -103.39 %, representing a 756.49% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of FCF Conversion Rate (FCF/EBITDA) Mermaid Maritime PCL since 2006 – with annual values, charts, and detailed analysis.

FCF conversion measures how effectively EBITDA converts to free cash flow. Higher conversion indicates efficient capital allocation and low maintenance costs.

A 'good' varies by industry and company stage. On Eulerpool, you can compare FCF Conversion Rate (FCF/EBITDA)'s Mermaid Maritime PCL with sector peers and the industry average to assess whether it is attractive.

To evaluate FCF Conversion Rate (FCF/EBITDA)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for FCF Conversion Rate (FCF/EBITDA).

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Cash Flow — Mermaid Maritime PCL

Operating Cash FlowCapital ExpendituresFree Cash FlowFCF per ShareDividends PaidShare BuybacksInvesting Cash FlowFinancing Cash FlowCapEx / RevenueCash Flow per ShareStock-Based CompensationChange in Working CapitalAcquisitions (Net)Net Change in CashCapEx/OCFFCF/Net IncomeFCF ConversionCash ConversionTotal Shareholder PayoutCapEx/D&A

All Key Metrics — Mermaid Maritime PCL