Nova Vision Acquisition Corp
Nova Vision Acquisition Corporation does not have significant operations. The company intends to effect into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. It focuses on sourcing opportunities that are in the PropTech, FinTech, ConsumerTech, supply chain management industries, … Read more
Nova Vision Acquisition Corp (NOVV) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.205x
Based on the latest financial reports, Nova Vision Acquisition Corp (NOVV) has a cash flow conversion efficiency ratio of 0.205x 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 ($-308.23K) by net assets ($-1.50 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Nova Vision Acquisition Corp - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how Nova Vision 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.
Nova Vision Acquisition Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Nova Vision Acquisition Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Penneo AS
CO:PENNEO
|
-0.023x |
|
Genesys International Corporation Limited
NSE:GENESYS
|
-0.001x |
|
ESGL Holdings Limited Ordinary Shares
NASDAQ:ESGL
|
-0.038x |
|
Pantages Capital Acquisition Corporation.
NASDAQ:PGAC
|
-0.003x |
|
Synlait Milk Limited
PINK:SMLKF
|
0.446x |
|
EUROAPI SAS EO 1
F:940
|
N/A |
|
Euroapi SAS
PA:EAPI
|
0.018x |
|
Canadian Net Real Estate Investment Trust
PINK:CNNRF
|
0.020x |
Annual Cash Flow Conversion Efficiency for Nova Vision Acquisition Corp (2021–2023)
The table below shows the annual cash flow conversion efficiency of Nova Vision Acquisition Corp from 2021 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $14.87 Million | $-569.87K | -0.038x | +5.60% |
| 2022-12-31 | $17.48 Million | $-709.56K | -0.041x | -383.47% |
| 2021-12-31 | $58.18 Million | $-488.47K | -0.008x | -- |