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. Also see CONX Corp market capitalisation for the company's overall valuation and market capitalisation.
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.
CONX Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of CONX Corp ranked by their cash flow conversion efficiency. Explore CONX cash flow quality score to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Jeonjinbio Co. Ltd
KQ:110020
|
0.018x |
|
Vizione Holdings Bhd
KLSE:7070
|
-0.027x |
|
TRANSTEMA GROUP AB O.N.
F:9G8
|
0.059x |
|
Berkah Beton Sadaya Tbk PT
JK:BEBS
|
0.001x |
|
Talius Group Ltd.
AU:TAL
|
-0.158x |
|
Equus Total Return Closed Fund
NYSE:EQS
|
0.000x |
|
MOGU Inc
NYSE:MOGU
|
-0.009x |
|
Hindcon Chemicals Limited
NSE:HINDCON
|
0.047x |
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. View CONX share price today for real-time trading data and today's change.
| 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.