Global Star Acquisition Inc.
Global Star Acquisition, Inc. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2019 and is based in McLean, Virginia.
Global Star Acquisition Inc. (GLSTU) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.200x
Based on the latest financial reports, Global Star Acquisition Inc. (GLSTU) has a cash flow conversion efficiency ratio of -0.200x 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 ($-989.17K) by net assets ($4.95 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Global Star Acquisition Inc. - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how Global Star Acquisition Inc.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Global Star Acquisition Inc. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Global Star Acquisition Inc. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Nyesa Valores Corp SA
MC:NYE
|
-0.331x |
|
CSH Alliance Bhd
KLSE:7165
|
0.004x |
|
Fly Play hf.
IC:PLAY
|
N/A |
|
Atom Empreendimentos e Participações S.A
SA:ATOM3
|
0.029x |
|
Michael Anthony Holdings Inc
PINK:MAJJ
|
-0.053x |
|
Snail, Inc. Class A Common Stock
NASDAQ:SNAL
|
-0.311x |
|
Zuleika Gold Ltd
AU:ZAG
|
-0.049x |
|
bioAffinity Technologies, Inc.
NASDAQ:BIAF
|
-0.279x |
Annual Cash Flow Conversion Efficiency for Global Star Acquisition Inc. (2020–2023)
The table below shows the annual cash flow conversion efficiency of Global Star Acquisition Inc. from 2020 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $50.41 Million | $-1.58 Million | -0.031x | -528.55% |
| 2022-12-31 | $92.47 Million | $-461.82K | -0.005x | -100.69% |
| 2021-12-31 | $22.09K | $16.00K | 0.724x | +1852646.92% |
| 2020-12-31 | $23.79K | $0.93 | 0.000x | -- |