Steel Partners Holdings L.P. SPLP OTC

Steel Partners Holdings L.P. (SPLP) generated $-73.95M in operating cash flow for quarter ending 2025-09-30. After capital expenditures of $9.67M, free cash flow was $-83.63M.

Free cash flow margin was -15.4% of revenue. Cash conversion ratio was -1.04x, suggesting some earnings are non-cash.

The company returned $484K in share buybacks to shareholders during the quarter.

Criteria supported by this page:

• HEALTH (67/100, Partial) — cash generation is adequate but may not fully cover debt in stressed conditions
• MOAT (61/100, Partial) — cash flow generation is present but not at levels indicating a wide moat
• INCOME (55/100) — Cash conversion ratio was -1.04x suggests some earnings are non-cash items

Overall SharesGrow Score: 77/100 with 3/7 criteria passed.