Fintech Ecosystem Development Corp (FEXD) - Cash Flow Conversion Efficiency
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. Also see FEXD company net worth for the company's overall valuation and market capitalisation.
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.
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. Explore Fintech Ecosystem Development Corp (FEXD) cash earnings ratio to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Dagi Giyim Sanayi ve Ticaret AS
IS:DAGI
|
0.174x |
|
Silvercrest Asset Management Group Inc
NASDAQ:SAMG
|
0.175x |
|
North Media A/S
CO:NORTHM
|
0.010x |
|
Raízen S.A.
SA:RAIZ4
|
-0.256x |
|
Escort Teknoloji Yatirim AS
IS:ESCOM
|
0.000x |
|
Kpx Green Chem
KO:083420
|
0.108x |
|
Hainan Airlines Co Ltd B
SHG:900945
|
0.547x |
|
Cheviot Company Limited
NSE:CHEVIOT
|
0.072x |
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. View Fintech Ecosystem Development Corp stock quote for real-time trading data and today's change.
| 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 | -- |
About 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