HCM Acquisition Corp (HCMA) - Cash Flow Conversion Efficiency
Based on the latest financial reports, HCM Acquisition Corp (HCMA) has a cash flow conversion efficiency ratio of -0.012x as of September 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 ($-447.64K) by net assets ($36.12 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See HCM Acquisition Corp (HCMA) balance sheet quality index to measure how much of total assets are equity-financed.
HCM Acquisition Corp - Cash Flow Conversion Efficiency Trend (2021–2022)
This chart illustrates how HCM Acquisition Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check HCM Acquisition Corp earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
HCM Acquisition Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of HCM Acquisition Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Daewon Sanup Co. Ltd
KQ:005710
|
-0.021x |
|
Digital Asset Acquisition Corp.
NASDAQ:DAAQ
|
-0.003x |
|
Rugvista Group AB
ST:RUG
|
0.000x |
|
ACT Energy Technologies Ltd.
TO:ACX
|
0.026x |
|
EUROZ Hartleys Group Ltd
AU:EZL
|
0.132x |
|
Fino Payments Bank Limited
NSE:FINOPB
|
0.010x |
|
Tofu Restaurant Co Ltd
TWO:2752
|
0.148x |
|
Koenig & Bauer AG
XETRA:SKB
|
-0.093x |
Annual Cash Flow Conversion Efficiency for HCM Acquisition Corp (2021–2022)
The table below shows the annual cash flow conversion efficiency of HCM Acquisition Corp from 2021 to 2022. For the full company profile with market capitalisation and key ratios, see HCM Acquisition Corp (HCMA) total market value.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $281.64 Million | $-890.18K | -0.003x | +99.73% |
| 2021-12-31 | $9.21K | $-10.79K | -1.171x | -- |
About HCM Acquisition Corp
HCM Acquisition Corp does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. HCM Acquisition Corp was incorporated in 2021 and is based in Stamford, Connecticut.