Cartica Acquisition Corp (CITE) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Cartica Acquisition Corp (CITE) has a cash flow conversion efficiency ratio of -0.025x as of June 2025. 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 ($-187.80K) by net assets ($7.43 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See how leveraged is Cartica Acquisition Corp's balance sheet to measure how much of total assets are equity-financed.
Cartica Acquisition Corp - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how Cartica Acquisition Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check CITE operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
Cartica Acquisition Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Cartica Acquisition Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ultralife Corporation
NASDAQ:ULBI
|
0.017x |
|
True North Commercial Real Estate Investment Trust
TO:TNT-UN
|
0.042x |
|
IBI Lion SOCIMI S.A.
MC:YIBI
|
0.006x |
|
Valuence Merger Corp I
NASDAQ:VMCA
|
-0.014x |
|
Interlink Communication Public Company Limited
BK:ILINK
|
0.051x |
|
Enterprise Group Inc
TO:E
|
0.006x |
|
iCapital.biz Berhad
KLSE:5108
|
0.009x |
|
VLS Finance Limited
NSE:VLSFINANCE
|
-0.001x |
Annual Cash Flow Conversion Efficiency for Cartica Acquisition Corp (2021–2024)
The table below shows the annual cash flow conversion efficiency of Cartica Acquisition Corp from 2021 to 2024. For the full company profile with market capitalisation and key ratios, see Cartica Acquisition Corp stock valuation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $11.76 Million | $-1.55 Million | -0.132x | -345.36% |
| 2023-12-31 | $44.60 Million | $-1.32 Million | -0.030x | -154.60% |
| 2022-12-31 | $231.30 Million | $-2.70 Million | -0.012x | -121.57% |
| 2021-12-31 | $-243.39K | $-13.15K | 0.054x | -- |
About Cartica Acquisition Corp
Cartica Acquisition Corp does not have any 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 identify and complete a business combination in the technology sector. Cartica Acquisition Corp was incorporated in 2021 and is based i… Read more