Newbury Street Acquisition Corp Cash Flow Conversion Efficiency
Newbury Street Acquisition Corp cash flow conversion efficiency. Based on the latest financial reports, Newbury Street Acquisition Corp (NBST) has a cash flow conversion efficiency ratio of -0.025x as of March 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 ($-160.87K) by net assets ($6.45 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Newbury Street Acquisition Corp (2021–2023)
Cash flow conversion efficiency of Newbury Street Acquisition Corp from 2021 to 2023. This chart illustrates how Newbury Street Acquisition Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. View current stock price of Newbury Street Acquisition Corp for real-time trading data and today's change.
Newbury Street Acquisition Corp Cash Flow Conversion Ratio Explained
Newbury Street Acquisition Corp cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Newbury Street Acquisition Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Newbury Street Acquisition Corp ranked by their cash flow conversion efficiency. Also see Newbury Street Acquisition Corp (NBST) market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Raphas Co. Ltd
KQ:214260
|
0.031x |
|
Cornerstone OnDemand Inc
F:8CO
|
0.014x |
|
SMAIO SA
PA:ALSMA
|
0.051x |
|
Full Wang International Development Co Ltd
TWO:6219
|
-0.136x |
|
Fodelia
HE:FODELIA
|
0.042x |
|
PCF Group SA
WAR:PCF
|
0.081x |
|
NK Co. Ltd
KO:085310
|
0.015x |
|
Nandan Denim Limited
NSE:NDL
|
0.071x |
Annual Cash Flow Conversion Efficiency for Newbury Street Acquisition Corp (2021–2023)
The table below shows the annual cash flow conversion efficiency of Newbury Street Acquisition Corp from 2021 to 2023. Review how financially flexible is Newbury Street Acquisition Corp to assess the company's free cash flow relative to its total liabilities.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $16.27 Million | $-1.31 Million | -0.081x | -834.61% |
| 2022-12-31 | $127.44 Million | $-1.10 Million | -0.009x | -70.44% |
| 2021-12-31 | $128.73 Million | $-651.75K | -0.005x | -- |
About Newbury Street Acquisition Corp
Newbury Street Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses its search on a technology business in the consumer internet or media space, including sports and entertainment verticals. The company … Read more