IBKS No3 SPAC (225430) - Cash Flow Conversion Efficiency

Latest as of March 2026: -0.064x

Based on the latest financial reports, IBKS No3 SPAC (225430) has a cash flow conversion efficiency ratio of -0.064x as of March 2026. 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 (₩-1.77 Billion ≈ $-1.20 Million USD) by net assets (₩27.43 Billion ≈ $18.59 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See 225430 equity financing ratio to measure how much of total assets are equity-financed.

IBKS No3 SPAC - Cash Flow Conversion Efficiency Trend (2016–2025)

This chart illustrates how IBKS No3 SPAC's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is IBKS No3 SPAC's earnings quality to evaluate the quality of earnings relative to operating cash generation.

IBKS No3 SPAC Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of IBKS No3 SPAC ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Truscott Mining Corporation Ltd AU:TRM	-0.049x
CSP Steel Center Public Company Limited BK:CSP	0.055x
Realfiction Holding AB ST:REALFI	-0.154x
Data Storage Corp NASDAQ:DTST	-0.167x
Castelbajac Co. Ltd KQ:308100	0.011x
DGB Group NV AS:DGB	0.235x
Heart Test Laboratories Inc. Common Stock NASDAQ:HSCS	-558.107x
Delta Manufacturing Limited NSE:DELTAMAGNT	-0.091x

Annual Cash Flow Conversion Efficiency for IBKS No3 SPAC (2016–2025)

The table below shows the annual cash flow conversion efficiency of IBKS No3 SPAC from 2016 to 2025. For the full company profile with market capitalisation and key ratios, see market value of IBKS No3 SPAC.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	₩28.27 Billion ≈ $19.16 Million	₩-1.75 Billion ≈ $-1.19 Million	-0.062x	+0.76%
2024-12-31	₩32.62 Billion ≈ $22.10 Million	₩-2.04 Billion ≈ $-1.38 Million	-0.062x	-253.12%
2023-12-31	₩35.48 Billion ≈ $24.04 Million	₩1.45 Billion ≈ $980.06K	0.041x	+1686.79%
2022-12-31	₩36.33 Billion ≈ $24.62 Million	₩-93.32 Million ≈ $-63.24K	-0.003x	-104.52%
2021-12-31	₩39.91 Billion ≈ $27.04 Million	₩2.27 Billion ≈ $1.54 Million	0.057x	+154.79%
2020-12-31	₩40.77 Billion ≈ $27.63 Million	₩909.18 Million ≈ $616.14K	0.022x	+176.93%
2019-12-31	₩24.19 Billion ≈ $16.40 Million	₩-701.24 Million ≈ $-475.22K	-0.029x	-156.77%
2018-12-31	₩23.83 Billion ≈ $16.15 Million	₩1.22 Billion ≈ $824.56K	0.051x	+1058.34%
2017-12-31	₩8.48 Billion ≈ $5.74 Million	₩-45.15 Million ≈ $-30.60K	-0.005x	+35.53%
2016-12-31	₩8.46 Billion ≈ $5.73 Million	₩-69.90 Million ≈ $-47.37K	-0.008x	--

About IBKS No3 SPAC

KQ:225430 Korea Asset Management

Market Cap

$6.80 Million

₩10.04 Billion KRW

Market Cap Rank

#27925 Global

#2059 in Korea

Share Price

₩1800.00

Change (1 day)

+0.00%

52-Week Range

₩340.00 - ₩3035.00

All Time High

₩4900.00