Atlantic Coastal Acquisition Corp II
Atlantic Coastal Acquisition Corp. II does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization, reorganization, or similar business combination with one or more businesses in financial services industry and mobility sector. The company was incorporated in 2021 and is based in New York, New York. Atlantic Co… Read more
Atlantic Coastal Acquisition Corp II (ACAB) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: 0.027x
Based on the latest financial reports, Atlantic Coastal Acquisition Corp II (ACAB) has a cash flow conversion efficiency ratio of 0.027x as of June 2024.
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 ($-263.88K) by net assets ($-9.91 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Atlantic Coastal Acquisition Corp II - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how Atlantic Coastal Acquisition Corp II's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Atlantic Coastal Acquisition Corp II Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Atlantic Coastal Acquisition Corp II ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Conquest Resources Limited
PINK:CQRLF
|
-0.100x |
|
OSI SYSTEMS (OS2.SG)
STU:OS2
|
-0.047x |
|
Boardwalktech Software Corp
OTCQB:BWLKF
|
0.047x |
|
Green Earth Group N.V.
AS:HWK
|
0.038x |
|
Hindusthan National Glass & Industries Limited
NSE:HINDNATGLS
|
-0.211x |
|
Stellar V Capital Corp. Warrant
NASDAQ:SVCCW
|
N/A |
|
PT Samcro Hyosung Adilestari T
JK:ACRO
|
0.030x |
|
ITEX Corp
PINK:ITEX
|
0.002x |
Annual Cash Flow Conversion Efficiency for Atlantic Coastal Acquisition Corp II (2021–2023)
The table below shows the annual cash flow conversion efficiency of Atlantic Coastal Acquisition Corp II from 2021 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-8.52 Million | $-3.85 Million | 0.451x | +11443.40% |
| 2022-12-31 | $297.92 Million | $-1.18 Million | -0.004x | -3106.68% |
| 2021-12-31 | $23.21K | $3.07 | 0.000x | -- |