ConnectM Technology Solutions, Inc. (CNTM) - Cash Flow Conversion Efficiency
Based on the latest financial reports, ConnectM Technology Solutions, Inc. (CNTM) has a cash flow conversion efficiency ratio of 0.098x 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 ($-2.64 Million) by net assets ($-27.03 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. View current stock price of ConnectM Technology Solutions, Inc. for real-time trading data and today's change.
ConnectM Technology Solutions, Inc. - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how ConnectM Technology Solutions, Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Also see ConnectM Technology Solutions, Inc. market cap and net worth for the company's overall valuation and market capitalisation.
ConnectM Technology Solutions, Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of ConnectM Technology Solutions, Inc. ranked by their cash flow conversion efficiency. Also see ConnectM Technology Solutions, Inc. assets under control for a full breakdown of the balance sheet.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Adcore Inc
TO:ADCO
|
-0.480x |
|
Polar Power Inc
NASDAQ:POLA
|
-0.917x |
|
Bank Danamon Indonesia Tbk
JK:BDMN
|
0.052x |
|
PEPTONIC MEDICAL
F:28L
|
-0.112x |
|
TOP Ships Inc.
NYSE MKT:TOPS
|
0.081x |
|
RH Bophelo Ltd
JSE:RHB
|
-0.003x |
|
Methanor
PA:ALMET
|
13.967x |
|
abrdn Asian Income Fund Limited
LSE:AAIF
|
0.031x |
Annual Cash Flow Conversion Efficiency for ConnectM Technology Solutions, Inc. (2021–2023)
The table below shows the annual cash flow conversion efficiency of ConnectM Technology Solutions, Inc. from 2021 to 2023. Review ConnectM Technology Solutions, Inc. (CNTM) flexibility index to assess the company's free cash flow relative to its total liabilities.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $49.81 Million | $-2.45 Million | -0.049x | -564.69% |
| 2022-12-31 | $85.71 Million | $-633.30K | -0.007x | +99.64% |
| 2021-12-31 | $5.11K | $-10.53K | -2.060x | -- |
About ConnectM Technology Solutions, Inc.
ConnectM Technology Solutions, Inc., a clean technology company, provides a digital platform for the electrification and decarbonization needs of homeowners in the United States and India. It operates through Electrification, Decarbonization, OEM/EV, and Managed Services segments. The company offers residential and light commercial buildings, and all-electric original equipment manufacturers with… Read more