Fintech Ecosystem Development Corp Cash Flow Conversion Efficiency
Fintech Ecosystem Development Corp 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.
Cash Flow Conversion Efficiency of Fintech Ecosystem Development Corp (2021–2022)
Cash flow conversion efficiency of Fintech Ecosystem Development Corp from 2021 to 2022. This chart illustrates how Fintech Ecosystem Development Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Fintech Ecosystem Development Corp for real-time trading data and today's change.
Fintech Ecosystem Development Corp Cash Flow Conversion Ratio Explained
Fintech Ecosystem Development 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.
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. Also see Fintech Ecosystem Development Corp market cap and net worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Kirloskar Electric Company Limited
NSE:KECL
|
-7.328x |
|
GSD Holding AS
IS:GSDHO
|
0.028x |
|
myNEWS Holdings Bhd
KLSE:5275
|
0.149x |
|
Hotron Precision Electronic Industrial Co Ltd
TW:3092
|
-0.065x |
|
Haivision Systems Inc
TO:HAI
|
0.127x |
|
Ecograf Ltd
AU:EGR
|
-0.049x |
|
Aemulus Holdings Bhd
KLSE:0181
|
-0.202x |
|
Visaka Industries Limited
NSE:VISAKAIND
|
0.060x |
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. Review free cash flow generation of Fintech Ecosystem Development Corp 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 |
|---|---|---|---|---|
| 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