DUET Acquisition Corp (DUET) - Cash Flow Conversion Efficiency
Based on the latest financial reports, DUET Acquisition Corp (DUET) has a cash flow conversion efficiency ratio of -0.006x as of June 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 ($-35.05K) by net assets ($6.33 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
DUET Acquisition Corp - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how DUET Acquisition Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read how much debt does DUET Acquisition Corp carry for a breakdown of total debt and financial obligations.
DUET Acquisition Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of DUET Acquisition Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PERFORMANCE SHIPP.
F:DS2
|
0.043x |
|
Inbar Group Finance Ltd
TA:INBR
|
0.190x |
|
Xos Inc
NASDAQ:XOS
|
0.099x |
|
Sensen Networks Ltd
AU:SNS
|
-0.184x |
|
Media 6 SA
PA:EDI
|
0.046x |
|
Southern Fertilizer JSC
VN:SFG
|
-0.149x |
|
GUH Holdings Bhd
KLSE:3247
|
-0.064x |
|
Genomtec S.A.
WAR:GMT
|
-0.212x |
Annual Cash Flow Conversion Efficiency for DUET Acquisition Corp (2021–2023)
The table below shows the annual cash flow conversion efficiency of DUET Acquisition Corp from 2021 to 2023. For the full company profile with market capitalisation and key ratios, see DUET stock market capitalisation.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $6.19 Million | $-692.43K | -0.112x | -968.56% |
| 2022-12-31 | $85.30 Million | $-892.67K | -0.010x | -4134.05% |
| 2021-12-31 | $23.48K | $6.09 | 0.000x | -- |
About DUET Acquisition Corp
DUET Acquisition Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the technology sector. The company was incorporated in 2021 and is based in Kuala Lumpur, Malaysia.