AI TRANSPORTATION ACQUISITION CORP Ordinary shares (AITR) - Cash Flow Conversion Efficiency
Based on the latest financial reports, AI TRANSPORTATION ACQUISITION CORP Ordinary shares (AITR) has a cash flow conversion efficiency ratio of -0.002x as of September 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 ($-129.58K) by net assets ($61.76 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See AI TRANSPORTATION ACQUISITION CORP Ordin defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
AI TRANSPORTATION ACQUISITION CORP Ordinary shares - Cash Flow Conversion Efficiency Trend (2023–2023)
This chart illustrates how AI TRANSPORTATION ACQUISITION CORP Ordinary shares's cash flow conversion efficiency has evolved over time, based on yearly financial data.
AI TRANSPORTATION ACQUISITION CORP Ordinary shares Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of AI TRANSPORTATION ACQUISITION CORP Ordinary shares ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
ZUARI INDUSTRIES LIMITED
NSE:ZUARIIND
|
0.003x |
|
Empire State Realty OP LP ES
NYSE:ESBA
|
0.038x |
|
PVP Ventures Limited
NSE:PVP
|
-0.055x |
|
Oceanic Iron Ore Corp
V:FEO
|
0.004x |
|
Thanh Cong Textile Garment Investment Trading JSC
VN:TCM
|
-0.029x |
|
IF Bancorp Inc
NASDAQ:IROQ
|
0.018x |
|
Daishin Balance 1
KQ:217270
|
0.006x |
|
Moda-InnoChips Co. Ltd
KQ:080420
|
-0.018x |
Annual Cash Flow Conversion Efficiency for AI TRANSPORTATION ACQUISITION CORP Ordinary shares (2023–2023)
The table below shows the annual cash flow conversion efficiency of AI TRANSPORTATION ACQUISITION CORP Ordinary shares from 2023 to 2023. For the full company profile with market capitalisation and key ratios, see AITR stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $60.04 Million | $-90.18K | -0.002x | -- |
About AI TRANSPORTATION ACQUISITION CORP Ordinary shares
AI Transportation Acquisition Corp does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on businesses in the transportation field, including logistics, new energy vehicles, smart parking, on-board chips and AI a… Read more