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. Also see HCMA market cap overview for the company's overall valuation and market capitalisation.
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.
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. Explore HCM Acquisition Corp (HCMA) cash flow quality to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Niu Technologies
NASDAQ:NIU
|
0.492x |
|
Tri Ocean Textile Co Ltd
TW:1472
|
0.031x |
|
Para Light Electronics Co Ltd
TW:6226
|
-0.040x |
|
KHVATEC Co.Ltd
KQ:060720
|
0.116x |
|
JIN MEDICAL INTERNATIONAL LTD. Ordinary Shares
NASDAQ:ZJYL
|
-0.031x |
|
Hanjin Transportation Co. Ltd.
KO:002320
|
0.031x |
|
Vivozon Healthcare Inc
KQ:082800
|
-0.011x |
|
Alam Sutera Realty Tbk
JK:ASRI
|
0.006x |
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. View HCMA stock price for real-time trading data and today's change.
| 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.