Newbury Street Acquisition Corp (NBST) - 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. See Newbury Street Acquisition Corp (NBST) net asset quality to measure how much of total assets are equity-financed.
Newbury Street Acquisition Corp - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how Newbury Street Acquisition Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Newbury Street Acquisition Corp (NBST) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
EM-Tech.CO. LTD
KQ:091120
|
0.018x |
|
Halcyon Technology Public Company Limited
BK:HTECH
|
0.022x |
|
Thai Textile Industry Public Company Limited
BK:TTI
|
0.013x |
|
Lotus Resources Ltd
AU:LOT
|
0.006x |
|
Prestige Wealth Inc. Ordinary Shares
NASDAQ:PWM
|
-0.001x |
|
Fodelia
HE:FODELIA
|
0.042x |
|
Estoril Sol SGPS SA
LS:ESON
|
0.084x |
|
Kriti Industries (India) Limited
NSE:KRITI
|
-0.022x |
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. For the full company profile with market capitalisation and key ratios, see NBST company net worth.
| 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