Athena Technology Acquisition Corp. II
Athena Technology Acquisition Corp. II does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in New York, New York.
Athena Technology Acquisition Corp. II (ATEK) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 1.178x
Based on the latest financial reports, Athena Technology Acquisition Corp. II (ATEK) has a cash flow conversion efficiency ratio of 1.178x 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 ($-1.55 Million) by net assets ($-1.31 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Athena Technology Acquisition Corp. II - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how Athena Technology Acquisition Corp. II's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Athena Technology Acquisition Corp. II Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Athena Technology Acquisition Corp. II ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
GEN Restaurant Group, Inc. Class A Common Stock
NASDAQ:GENK
|
-0.043x |
|
DevPort AB (publ)
ST:DEVP-B
|
-0.027x |
|
Kyung In Elect
KO:009140
|
0.034x |
|
Ultimate Games SA
WAR:ULG
|
0.067x |
|
PT Ketrosden Triasmitra Tbk
JK:KETR
|
0.222x |
|
MAGNA TERRA MINLS
F:N6M2
|
N/A |
|
ATP 30 Public Company Limited
BK:ATP30
|
0.090x |
|
Saigon Fuel JSC
VN:SFC
|
N/A |
Annual Cash Flow Conversion Efficiency for Athena Technology Acquisition Corp. II (2021–2023)
The table below shows the annual cash flow conversion efficiency of Athena Technology Acquisition Corp. II from 2021 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $9.81 Million | $-896.11K | -0.091x | -1964.61% |
| 2022-12-31 | $250.23 Million | $-1.11 Million | -0.004x | -3034.56% |
| 2021-12-31 | $245.31 Million | $-34.64K | 0.000x | -- |