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 IBKS No. 15 Special Purpose Acquisition balance sheet quality to measure how much of total assets are equity-financed.
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. Check earnings quality score of IBKS No. 15 Special Purpose Acquisition to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Kleannara
KO:004540
|
0.132x |
|
GeneBioTech Co. Ltd
KQ:086060
|
0.072x |
|
Katapult Holdings Inc
NASDAQ:KPLT
|
-3.039x |
|
Sunstone Metals Ltd
AU:STM
|
-0.010x |
|
Wijaya Karya Bangunan Gedung Tbk PT
JK:WEGE
|
-0.007x |
|
Hyungkuk F&B Co Ltd
KQ:189980
|
0.069x |
|
Old Market Capital Corporation
NASDAQ:OMCC
|
-0.002x |
|
Namuga Co. Ltd
KQ:190510
|
-0.020x |
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 how much is IBKS No. 15 Special Purpose Acquisition worth.
| 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.