Canna Global Acquisition Corp
Canna-Global Acquisition Corp. does not have significant operations. The company intends to acquire and engage in a share exchange, share reconstruction, and amalgamation with one or more businesses or entities. It intends to identify and acquire a business that focuses on the natural resources industry comprising oil and gas sectors. The company was incorporated in 2021 and is based in Marina De… Read more
Canna Global Acquisition Corp (CNGL) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of March 2024: -0.413x
Based on the latest financial reports, Canna Global Acquisition Corp (CNGL) has a cash flow conversion efficiency ratio of -0.413x 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 ($-403.26K) by net assets ($975.28K). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Canna Global Acquisition Corp - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how Canna Global 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.
Canna Global Acquisition Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Canna Global Acquisition Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Dierig Holding AG
XETRA:DIE
|
0.070x |
|
BPM Minerals Ltd
AU:BPM
|
-0.056x |
|
Charnic Capital Tbk PT
JK:NICK
|
0.139x |
|
STABILIS SOLUT. DL -001
F:QAT2
|
N/A |
|
Universal Security Instruments Inc
NYSE MKT:UUU
|
-1.142x |
|
Gabungan AQRS Bhd
KLSE:5226
|
0.075x |
|
CSLM Acquisition Corp.
PINK:CSLUF
|
-0.046x |
|
Advance Metals Ltd
AU:AVM
|
-0.131x |
Annual Cash Flow Conversion Efficiency for Canna Global Acquisition Corp (2021–2023)
The table below shows the annual cash flow conversion efficiency of Canna Global Acquisition Corp from 2021 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $1.10 Million | $-1.52 Million | -1.386x | -3229.20% |
| 2022-12-31 | $15.33 Million | $-638.10K | -0.042x | -3269.71% |
| 2021-12-31 | $225.82 Million | $-279.02K | -0.001x | -- |