Greenland Acquisition Corp (GTEC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Greenland Acquisition Corp (GTEC) has a cash flow conversion efficiency ratio of 0.118x as of September 2025. 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 ($8.26 Million) by net assets ($69.85 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Greenland Acquisition Corp balance sheet independence to measure how much of total assets are equity-financed.
Greenland Acquisition Corp - Cash Flow Conversion Efficiency Trend (2017–2024)
This chart illustrates how Greenland Acquisition Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check how high is Greenland Acquisition Corp's earnings quality to evaluate the quality of earnings relative to operating cash generation.
Greenland Acquisition Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Greenland Acquisition Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
AEON Biopharma, Inc.
NYSE MKT:AEON
|
0.131x |
|
VerifyMe Inc
NASDAQ:VRME
|
0.005x |
|
RED LIGHT HOLLAND CORP.
F:4YX
|
-0.055x |
|
Pacific Ridge Exploration Ltd
V:PEX
|
-0.082x |
|
Diversified Energy Company PLC
LSE:DEC
|
0.201x |
|
FLYNN Gold Ltd
AU:FG1
|
-2.279x |
|
AIRIQ INC.
F:EPXN
|
0.026x |
|
Kalgoorlie Gold Mining Ltd
AU:KAL
|
-0.023x |
Annual Cash Flow Conversion Efficiency for Greenland Acquisition Corp (2017–2024)
The table below shows the annual cash flow conversion efficiency of Greenland Acquisition Corp from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see Greenland Acquisition Corp (GTEC) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $53.27 Million | $13.34 Million | 0.250x | +418.03% |
| 2023-12-31 | $50.65 Million | $2.45 Million | 0.048x | -47.48% |
| 2022-12-31 | $79.43 Million | $7.31 Million | 0.092x | +219.71% |
| 2021-12-31 | $74.84 Million | $-5.76 Million | -0.077x | -244.54% |
| 2020-12-31 | $50.66 Million | $2.70 Million | 0.053x | -68.76% |
| 2019-12-31 | $46.96 Million | $8.00 Million | 0.170x | +120.93% |
| 2018-12-31 | $39.64 Million | $3.06 Million | 0.077x | +896.29% |
| 2018-11-30 | $44.03 Million | $-426.27K | -0.010x | -107.59% |
| 2017-12-31 | $35.08 Million | $4.48 Million | 0.128x | -- |
About Greenland Acquisition Corp
Greenland Technologies Holding Corporation designs, develops, manufactures, and sells components and products for material handling industries worldwide. The company offers transmission products, such as transmission systems and integrated powertrain primarily for electric forklift trucks; electric industrial heavy equipment, including electric wheeled front loader, electric excavator, and electr… Read more