CONX Corp
CONX Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or assets. The company was incorporated in 2020 and is based in Littleton, Colorado.
CONX Corp (CONX) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2024: 0.026x
Based on the latest financial reports, CONX Corp (CONX) has a cash flow conversion efficiency ratio of 0.026x as of March 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 ($-405.03K) by net assets ($-15.69 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
CONX Corp - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how CONX 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.
CONX Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of CONX Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
CPI Aerostructures Inc
NYSE:CVU
|
0.008x |
|
Sailfish Royalty Corp
OTCQX:SROYF
|
0.020x |
|
Moorim Paper
KO:009200
|
0.010x |
|
Sao Vang Rubber JSC
VN:SRC
|
N/A |
|
Steel Connect Inc
NASDAQ:STCN
|
0.030x |
|
Chesapeake Gold Corp.
OTCQX:CHPGF
|
-0.008x |
|
Dharmaj Crop Guard Limited
NSE:DHARMAJ
|
0.001x |
|
Vranken-Pommery Monopole S.A.
LSE:0J7D
|
N/A |
Annual Cash Flow Conversion Efficiency for CONX Corp (2020–2023)
The table below shows the annual cash flow conversion efficiency of CONX Corp from 2020 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-18.06 Million | $-1.79 Million | 0.099x | +1049.76% |
| 2022-12-31 | $52.49 Million | $-547.39K | -0.010x | -1477.87% |
| 2021-12-31 | $698.21 Million | $-461.47K | -0.001x | -315.63% |
| 2020-12-31 | $724.58 Million | $-115.22K | 0.000x | -- |