RMG Acquisition Corp. III

NASDAQ:RMGCF USA Shell Companies
Market Cap
$28.63 Million
Market Cap Rank
#32129 Global
#10547 in USA
Share Price
$7.06
Change (1 day)
+0.00%
52-Week Range
$7.06 - $9.82
All Time High
$11.40
Categories
Companies in USA Shell Companies
About

RMG Acquisition Corp. III does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. RMG Acquisition Corp. III was incorporated in 2020 and is based in Miami Beach, Florida. RMG Acquisition Corp. III is a subsidiary of RMG Sponsor III, LLC.

RMG Acquisition Corp. III (RMGCF) - Cash Flow Conversion Efficiency

Latest cash flow conversion efficiency as of September 2023: 0.034x

Based on the latest financial reports, RMG Acquisition Corp. III (RMGCF) has a cash flow conversion efficiency ratio of 0.034x as of September 2023.

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 ($-376.13K) by net assets ($-11.04 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

RMG Acquisition Corp. III - Cash Flow Conversion Efficiency Trend (2021–2022)

This chart illustrates how RMG Acquisition Corp. III's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.

RMG Acquisition Corp. III Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of RMG Acquisition Corp. III ranked by their cash flow conversion efficiency.

Company Cash Flow Conversion Efficiency
DIGIDRIVE DISTRIBUTORS LTD
NSE:DIGIDRIVE
 		N/A
Kioson Komersial Indonesia Tbk PT
JK:KIOS
 		-0.005x
Banco Actinver S.A. Institución de Banca Múltiple Grupo Financiero Actinver
MX:FNOVA17
 		-0.098x
Lysaght Galvanized Steel Bhd
KLSE:9199
 		-0.018x
Adkins Energy LLC
OTCGREY:ADKIL
 		N/A
American Aires Inc
PINK:AAIRF
 		-0.117x
Lekoil Limited
PINK:LEKOF
 		0.000x
COLLPLANT BIOTECH. IS-01
F:CPT
 		N/A

Annual Cash Flow Conversion Efficiency for RMG Acquisition Corp. III (2021–2022)

The table below shows the annual cash flow conversion efficiency of RMG Acquisition Corp. III from 2021 to 2022.

Year Net Assets Operating Cash Flow Cash Flow Conversion Efficiency Change
2022-09-30 $467.98 Million $-614.58K -0.001x +74.77%
2021-09-30 $452.10 Million $-2.35 Million -0.005x --