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. See Fintech Ecosystem Development Corp (FEXD) balance sheet quality index to measure how much of total assets are equity-financed.
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. Check Fintech Ecosystem Development Corp (FEXD) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Gowa Makassar Tourism Develop
JK:GMTD
|
-0.016x |
|
Pinar Su Sanayi ve Ticaret AS
IS:PINSU
|
0.111x |
|
Deutsch Motors Inc
KQ:067990
|
0.046x |
|
High Tech Pharm Co. Ltd
KQ:106190
|
0.052x |
|
Nongwoobio Co. Ltd
KQ:054050
|
0.008x |
|
Kaulin Mfg
TW:1531
|
0.024x |
|
Bullpen Parlay Acquisition Co
NASDAQ:BPAC
|
-0.003x |
|
Axis Corporation
TWO:6292
|
0.190x |
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. For the full company profile with market capitalisation and key ratios, see Fintech Ecosystem Development Corp market cap and net worth.
| 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