CONX Corp (CONX) - 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. See debt-free asset ratio of CONX Corp to measure how much of total assets are equity-financed.
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. Check CONX Corp cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Sequoia Financial Group Ltd
AU:SEQ
|
0.030x |
|
Hiap Huat Holdings Bhd
KLSE:0160
|
0.130x |
|
Tian An Australia Ltd
AU:TIA
|
0.083x |
|
Sable Resources Ltd
V:SAE
|
-0.111x |
|
Saraswati Griya Lestari Tbk
JK:HOTL
|
-0.001x |
|
Rain Enhancement Technologies Holdco, Inc. Class A Common Stock
NASDAQ:RAIN
|
0.026x |
|
Huadi International Group Co Ltd
NASDAQ:HUDI
|
0.012x |
|
Mustera Property Group Ltd
AU:MPX
|
0.201x |
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. For the full company profile with market capitalisation and key ratios, see CONX market cap.
| 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.