Bynordic Acquisition Corp
byNordic Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focusses on acquiring businesses in the financial technology sector in Northern Europe. The company was incorporated in 2019 and is based in Malmö, S… Read more
Bynordic Acquisition Corp (BYNO) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.466x
Based on the latest financial reports, Bynordic Acquisition Corp (BYNO) has a cash flow conversion efficiency ratio of 0.466x 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 ($-390.32K) by net assets ($-837.01K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Bynordic Acquisition Corp - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how Bynordic Acquisition Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Bynordic Acquisition Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Bynordic Acquisition Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Iris Metals Ltd
AU:IR1
|
-0.041x |
|
Wilmington Capital Management Inc
TO:WCM-A
|
-0.006x |
|
Australian Silica Quartz Group Ltd
PINK:BXRDF
|
-0.107x |
|
Bucur SA
RO:BUCV
|
N/A |
|
A-Sonic Aerospace Limited
OTCGREY:ASNCF
|
-0.042x |
|
Step One Clothing Limited
F:J6H
|
N/A |
|
WIJAYA KARYA BETON RP 100
F:WK0
|
N/A |
|
High-Tech Metals Ltd
AU:HTM
|
-0.047x |
Annual Cash Flow Conversion Efficiency for Bynordic Acquisition Corp (2020–2023)
The table below shows the annual cash flow conversion efficiency of Bynordic Acquisition Corp from 2020 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $28.98 Million | $-3.29 Million | -0.114x | -2245.48% |
| 2022-12-31 | $172.62 Million | $-836.51K | -0.005x | -100.42% |
| 2021-12-31 | $-42.96K | $-50.00K | 1.164x | +12340660.96% |
| 2020-12-31 | $23.33K | $0.22 | 0.000x | -- |