Fintech Ecosystem Development Corp
Fintech Ecosystem Development Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire companies in the financial technology development sector in South Asia. Fintech Ecosystem Development Corp. was incorporated… Read more
Fintech Ecosystem Development Corp (FEXD) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2023: -0.018x
Based on the latest financial reports, Fintech Ecosystem Development Corp (FEXD) has a cash flow conversion efficiency ratio of -0.018x as of June 2023.
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 ($-623.81K) by net assets ($34.74 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Fintech Ecosystem Development Corp - Cash Flow Conversion Efficiency Trend (2021–2022)
This chart illustrates how Fintech Ecosystem Development Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Fintech Ecosystem Development Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Fintech Ecosystem Development Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
EVe Mobility Acquisition Corp
NYSE MKT:EVE
|
0.000x |
|
Tatry Mountain Resorts a.s.
PR:TMR
|
N/A |
|
APT Satellite Holdings Limited
STU:AY8
|
0.017x |
|
Questerre Energy Corporation
PINK:QTEYF
|
0.010x |
|
Fecon Foundation Engineering and Underground Construction JSC
VN:FCN
|
0.109x |
|
NAUROBOTICS
KQ:459510
|
-0.087x |
|
Namu Tech Co.Ltd
KQ:242040
|
0.094x |
|
Rex International Holding Limited
OTCGREY:REXHF
|
-0.379x |
Annual Cash Flow Conversion Efficiency for Fintech Ecosystem Development Corp (2021–2022)
The table below shows the annual cash flow conversion efficiency of Fintech Ecosystem Development Corp from 2021 to 2022.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $112.45 Million | $-1.12 Million | -0.010x | -465.93% |
| 2021-12-31 | $107.54 Million | $-189.67K | -0.002x | -- |