Swiftmerge Acquisition Corp
Swiftmerge Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus its search of target in the consumer industry. The company was incorporated in 2021 and is based in Toluca Lake, California.
Swiftmerge Acquisition Corp (IVCP) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.070x
Based on the latest financial reports, Swiftmerge Acquisition Corp (IVCP) has a cash flow conversion efficiency ratio of 0.070x 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 ($-288.11K) by net assets ($-4.11 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Swiftmerge Acquisition Corp - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how Swiftmerge 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.
Swiftmerge Acquisition Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Swiftmerge Acquisition Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
PT Surya Esa Perkasa Tbk
STU:71S
|
0.042x |
|
Moadata Co. Ltd.
KQ:288980
|
-0.039x |
|
ZINC MEDIA GR. LS -00125
F:YE42
|
N/A |
|
Bausen Inc.
TWO:2948
|
-0.090x |
|
SMS Lifesciences India Limited
NSE:SMSLIFE
|
0.153x |
|
TGLT S.A
PINK:TGLTY
|
0.952x |
|
Wenzhou Kangning Hospital Co. Ltd
F:4WK
|
0.058x |
|
ELTON S.A. NAM. EO 052
F:Y1O
|
N/A |
Annual Cash Flow Conversion Efficiency for Swiftmerge Acquisition Corp (2021–2024)
The table below shows the annual cash flow conversion efficiency of Swiftmerge Acquisition Corp from 2021 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $21.35 Million | $-913.57K | -0.043x | 0.00% |
| 2023-12-31 | $21.35 Million | $-913.57K | -0.043x | -2194.34% |
| 2022-12-31 | $221.98 Million | $-413.92K | -0.002x | +69.44% |
| 2021-12-31 | $196.52 Million | $-1.20 Million | -0.006x | -- |