Canna Global Acquisition Corp (CNGL) - Cash Flow Conversion Efficiency
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. Also see CNGL market cap overview for the company's overall valuation and market capitalisation.
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.
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. Explore earnings quality score of Canna Global Acquisition Corp to measure how well operating cash flow supports reported net income.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SanDi Properties Co Ltd
TW:1438
|
-0.004x |
|
Sandon Capital Investments Ltd
AU:SNC
|
0.061x |
|
Nongwoobio Co. Ltd
KQ:054050
|
0.008x |
|
Quantum Graphite Ltd
AU:QGL
|
-0.115x |
|
Manaksia Steels Limited
NSE:MANAKSTEEL
|
0.090x |
|
Viatron Technologies Inc
KQ:141000
|
0.050x |
|
Cps Technologies
NASDAQ:CPSH
|
-66.268x |
|
Tamawood Ltd
AU:TWD
|
0.075x |
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. View latest Canna Global Acquisition Corp stock price today for real-time trading data and today's change.
| 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 | -- |
About 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