IBKS No. 15 Special Purpose Acquisition Co. Ltd. (373200) - Cash Flow Conversion Efficiency
Based on the latest financial reports, IBKS No. 15 Special Purpose Acquisition Co. Ltd. (373200) has a cash flow conversion efficiency ratio of -0.245x 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 (₩-4.94 Billion ≈ $-3.35 Million USD) by net assets (₩20.14 Billion ≈ $13.65 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 373200 days of operational coverage to measure how many days the company can operate on defensive assets alone.
IBKS No. 15 Special Purpose Acquisition Co. Ltd. - Cash Flow Conversion Efficiency Trend (2020–2025)
This chart illustrates how IBKS No. 15 Special Purpose Acquisition Co. Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data.
IBKS No. 15 Special Purpose Acquisition Co. Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of IBKS No. 15 Special Purpose Acquisition Co. Ltd. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Europacorp
PA:ALECP
|
-1.972x |
|
Alchemy Investments Acquisition Corp 1 Class A Ordinary Shares
NASDAQ:ALCY
|
-1.295x |
|
Theragen Etex Co.Ltd
KQ:066700
|
0.020x |
|
Eskay Mining Corp
V:ESK
|
-0.087x |
|
Joong Ang Enervis Co. Ltd
KQ:000440
|
-0.004x |
|
Intervacc AB
ST:IVACC
|
-0.094x |
|
Pratama Widya Tbk Pt
JK:PTPW
|
0.027x |
|
Hanil Forging Industrial Co. Ltd
KQ:024740
|
0.039x |
Annual Cash Flow Conversion Efficiency for IBKS No. 15 Special Purpose Acquisition Co. Ltd. (2020–2025)
The table below shows the annual cash flow conversion efficiency of IBKS No. 15 Special Purpose Acquisition Co. Ltd. from 2020 to 2025. For the full company profile with market capitalisation and key ratios, see IBKS No. 15 Special Purpose Acquisition (373200) market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | ₩20.69 Billion ≈ $14.02 Million |
₩-15.12 Billion ≈ $-10.24 Million |
-0.730x | -272.91% |
| 2024-12-31 | ₩10.55 Billion ≈ $7.15 Million |
₩-2.07 Billion ≈ $-1.40 Million |
-0.196x | +78.08% |
| 2023-12-31 | ₩5.01 Billion ≈ $3.40 Million |
₩-4.48 Billion ≈ $-3.04 Million |
-0.894x | -1082.92% |
| 2022-12-31 | ₩14.51 Billion ≈ $9.84 Million |
₩-1.10 Billion ≈ $-742.94K |
-0.076x | +4.42% |
| 2021-12-31 | ₩6.59 Billion ≈ $4.47 Million |
₩-520.72 Million ≈ $-352.88K |
-0.079x | +46.37% |
| 2020-12-31 | ₩413.55 Million ≈ $280.26K |
₩-60.94 Million ≈ $-41.30K |
-0.147x | -- |
About IBKS No. 15 Special Purpose Acquisition Co. Ltd.
Xplus Inc. manufactures and sells mobile IT device accessories in South Korea and internationally. The company offers covers, wireless chargers, earphone cases, etc. Xplus Inc. was founded in 2005 and is headquartered in Seoul, South Korea.