DUET Acquisition Corp Cash Flow Conversion Efficiency
DUET Acquisition Corp 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.
Cash Flow Conversion Efficiency of DUET Acquisition Corp (2021–2023)
Cash flow conversion efficiency of DUET Acquisition Corp from 2021 to 2023. This chart illustrates how DUET Acquisition Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View DUET Acquisition Corp share price for real-time trading data and today's change.
DUET Acquisition Corp Cash Flow Conversion Ratio Explained
DUET Acquisition 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.
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. Also see DUET company net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Gold Strike Resources Corp.
V:GSR
|
-0.169x |
|
Inbar Group Finance Ltd
TA:INBR
|
0.190x |
|
LendingClub Corp
NYSE:LC
|
-0.406x |
|
Nuintek Co.Ltd
KQ:012340
|
0.145x |
|
Media 6 SA
PA:EDI
|
0.046x |
|
q.beyond AG
XETRA:QBY
|
0.035x |
|
Oversea Enterprise Bhd
KLSE:0153
|
0.002x |
|
Republic Power Group Limited Class A Ordinary Shares
NASDAQ:RPGL
|
-0.024x |
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. Review DUET Acquisition Corp (DUET) FCF generation index to assess how much free cash flow the company generates relative to operating cash flow.
| 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.