Iris Acquisition Corp
Iris Acquisition Corp does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as Tribe Capital Growth Corp I and changed its name to Iris Acquisition Corp in July 2022. The company was incorporated in 2020 and is based … Read more
Iris Acquisition Corp (IRAA) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2024: 0.051x
Based on the latest financial reports, Iris Acquisition Corp (IRAA) has a cash flow conversion efficiency ratio of 0.051x as of December 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 ($-729.36K) by net assets ($-14.25 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Iris Acquisition Corp - Cash Flow Conversion Efficiency Trend (2020–2023)
This chart illustrates how Iris Acquisition Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Iris Acquisition Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Iris Acquisition Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Future Market Networks Limited
NSE:FMNL
|
0.078x |
|
Resource Base Ltd
AU:RBX
|
-0.174x |
|
Volato Group Inc.
NYSE:SOAR
|
-0.120x |
|
Malu Paper Mills Limited
NSE:MALUPAPER
|
-0.064x |
|
SRx Health Solutions Inc.
NYSE MKT:SRXH
|
18.676x |
|
Libas Consumer Products Limited
NSE:LIBAS
|
0.001x |
|
CHEVRON - Dusseldorf Stock Exchang
DU:CHV
|
0.062x |
|
Spurcorp
JSE:SUR
|
0.257x |
Annual Cash Flow Conversion Efficiency for Iris Acquisition Corp (2020–2023)
The table below shows the annual cash flow conversion efficiency of Iris Acquisition Corp from 2020 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-10.69 Million | $-2.09 Million | 0.195x | +123.08% |
| 2022-12-31 | $1.29 Million | $-1.10 Million | -0.847x | -17644.77% |
| 2021-12-31 | $254.87 Million | $-1.22 Million | -0.005x | -1547.55% |
| 2020-12-31 | $23.70K | $7.81 | 0.000x | -- |