Fortune Rise Acquisition Corporation Warrant
Fortune Rise Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was incorporated in 2021 and is based in Clearwater, Florida.
Fortune Rise Acquisition Corporation Warrant (FRLAW) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.009x
Based on the latest financial reports, Fortune Rise Acquisition Corporation Warrant (FRLAW) has a cash flow conversion efficiency ratio of -0.009x as of September 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 ($-221.34K) by net assets ($24.98 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Fortune Rise Acquisition Corporation Warrant - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how Fortune Rise Acquisition Corporation Warrant's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Fortune Rise Acquisition Corporation Warrant Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Fortune Rise Acquisition Corporation Warrant ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
DNO INTERNAT -A-
MU:NK1A
|
0.085x |
|
Yuka Group Inc
PINK:YUKA
|
-0.006x |
|
Ben Thanh Trading Service JSC
VN:BTT
|
N/A |
|
UIL FINANCE PREF. 2028
F:8J2
|
N/A |
|
Exide Pakistan Ltd
KAR:EXIDE
|
N/A |
|
PULV11
SA:PULV11
|
N/A |
|
Santander Títulos Imobiliarios Fundo De Investimento Imobiliario
SA:SAPI11
|
N/A |
|
457940
KQ:457940
|
N/A |
Annual Cash Flow Conversion Efficiency for Fortune Rise Acquisition Corporation Warrant (2021–2023)
The table below shows the annual cash flow conversion efficiency of Fortune Rise Acquisition Corporation Warrant from 2021 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $25.79 Million | $-3.19 Million | -0.124x | -1643.85% |
| 2022-12-31 | $97.23 Million | $-689.07K | -0.007x | -149.05% |
| 2021-12-31 | $97.28 Million | $-276.81K | -0.003x | -- |