CONX Corp Cash Flow Conversion Efficiency
CONX Corp cash flow conversion efficiency. 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.
Cash Flow Conversion Efficiency of CONX Corp (2020–2023)
Cash flow conversion efficiency of CONX Corp from 2020 to 2023. This chart illustrates how CONX Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View CONX share price today for real-time trading data and today's change.
CONX Corp Cash Flow Conversion Ratio Explained
CONX Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
CONX Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of CONX Corp ranked by their cash flow conversion efficiency. Also see market cap of CONX Corp for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
R. S. Software (India) Limited
NSE:RSSOFTWARE
|
0.000x |
|
Equity Story Group Ltd
AU:EQS
|
0.833x |
|
Sable Resources Ltd
V:SAE
|
-0.111x |
|
Total Telcom Inc
V:TTZ
|
0.033x |
|
Commerce Split Corp
TO:YCM
|
N/A |
|
Dnonce Tech Bhd
KLSE:7114
|
0.031x |
|
Beeio Honey Ltd
TA:BHNY
|
-0.162x |
|
Cielo Waste Solutions Corp
V:CMC
|
0.632x |
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. Review CONX financial 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 | $-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 | -- |
About 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.