Compass Digital Acquisition Corp
Compass Digital Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. The company intends to focus its search on companies in the technology sectors, including in the technology led digital transformation software and services sector. Com… Read more
Compass Digital Acquisition Corp (CDAQ) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.032x
Based on the latest financial reports, Compass Digital Acquisition Corp (CDAQ) has a cash flow conversion efficiency ratio of -0.032x 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 ($-676.74K) by net assets ($21.16 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Compass Digital Acquisition Corp - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how Compass Digital 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.
Compass Digital Acquisition Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Compass Digital Acquisition Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Northern Graphite Corporation
OTCQB:NGPHF
|
0.021x |
|
Israel Shipyards Ltd
TA:ISHI
|
-0.026x |
|
G11 Resources Ltd
AU:G11
|
-0.046x |
|
WELUF
PINK:WELUF
|
0.003x |
|
TISCALI SPA
F:TIQ
|
N/A |
|
SWIFT ENERGY TECHNOLOGY BERHAD
KLSE:0337
|
0.006x |
|
Dana Brata Luhur PT
JK:TEBE
|
0.058x |
|
Andfjord Salmon AS
OL:ANDF
|
-0.012x |
Annual Cash Flow Conversion Efficiency for Compass Digital Acquisition Corp (2021–2023)
The table below shows the annual cash flow conversion efficiency of Compass Digital Acquisition Corp from 2021 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $54.57 Million | $-1.18K | 0.000x | +99.58% |
| 2022-12-31 | $207.17 Million | $-1.06 Million | -0.005x | -78.76% |
| 2021-12-31 | $198.55 Million | $-567.80K | -0.003x | -- |