Goldenbridge Acquisition Limited (GBRGW) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Goldenbridge Acquisition Limited (GBRGW) has a cash flow conversion efficiency ratio of -0.006x as of March 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 ($-82.73K) by net assets ($14.50 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Goldenbridge Acquisition Limited (GBRGW) net asset quality to measure how much of total assets are equity-financed.
Goldenbridge Acquisition Limited - Cash Flow Conversion Efficiency Trend (2019–2022)
This chart illustrates how Goldenbridge Acquisition Limited's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Goldenbridge Acquisition Limited's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Goldenbridge Acquisition Limited Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Goldenbridge Acquisition Limited ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ore Resources Limited
AU:OR3
|
N/A |
|
Jiangsu Zitian Media Technology Co Ltd
SHE:300280
|
0.086x |
|
HighPeak Energy Inc
NASDAQ:HPKEW
|
0.085x |
|
Applied UV, Inc.
NASDAQ:AUVIQ
|
-0.011x |
|
Artemis UK Future Leaders plc
LSE:AFL
|
0.013x |
|
Ascent Resources plc
LSE:AST
|
2.990x |
|
Waldencast Acquisition Corp
NASDAQ:WALDW
|
-0.003x |
|
Ordinary Fully Paid Deferred Settlement
AU:RCMDB
|
N/A |
Annual Cash Flow Conversion Efficiency for Goldenbridge Acquisition Limited (2019–2022)
The table below shows the annual cash flow conversion efficiency of Goldenbridge Acquisition Limited from 2019 to 2022. For the full company profile with market capitalisation and key ratios, see how much is Goldenbridge Acquisition Limited worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $55.35 Million | $-643.80K | -0.012x | +29.40% |
| 2021-12-31 | $55.55 Million | $-915.23K | -0.016x | 0.00% |
| 2020-12-31 | $55.55 Million | $-915.23K | -0.016x | -100.56% |
| 2019-12-31 | $-9.62K | $-28.22K | 2.932x | -- |
About Goldenbridge Acquisition Limited
Goldenbridge Acquisition Limited is a blank check company. The company focuses on merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The company was founded in 2019 and is based in Wan Chai, Hong Kong.