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. Also see market cap of AI TRANSPORTATION ACQUISITION CORP Ordin for the company's overall valuation and market capitalisation.
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. Explore how high is AI TRANSPORTATION ACQUISITION CORP Ordin's earnings quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Tomer Energy Royalties (2012) Ltd
TA:DLRL
|
0.063x |
|
Koryo Credit Information Co. Ltd
KQ:049720
|
0.133x |
|
Biotalys NV
BR:BTLS
|
-0.154x |
|
Kyungin Synthe
KO:012610
|
0.066x |
|
Hipages Group Holdings Ltd
AU:HPG
|
0.304x |
|
Magna Prima Bhd
KLSE:7617
|
0.138x |
|
IF Bancorp Inc
NASDAQ:IROQ
|
0.018x |
|
Veritone Inc
NASDAQ:VERI
|
-0.281x |
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. View current stock price of AI TRANSPORTATION ACQUISITION CORP Ordin for real-time trading data and today's change.
| 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