Trajectory Alpha Acquisition Corp (TCOA) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Trajectory Alpha Acquisition Corp (TCOA) has a cash flow conversion efficiency ratio of -0.004x 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 ($-216.14K) by net assets ($58.56 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See defensive interval ratio of Trajectory Alpha Acquisition Corp to measure how many days the company can operate on defensive assets alone.
Trajectory Alpha Acquisition Corp - Cash Flow Conversion Efficiency Trend (2021–2022)
This chart illustrates how Trajectory Alpha Acquisition Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.
Trajectory Alpha Acquisition Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Trajectory Alpha Acquisition Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Katana Capital Ltd
AU:KAT
|
-0.013x |
|
Drax Group PLC
LSE:DRX
|
0.144x |
|
Triumph Gold Corp
V:TIG
|
-0.207x |
|
Etrend Hightech
TWO:3567
|
0.028x |
|
Hankukpackage Co. Ltd
KQ:037230
|
0.048x |
|
Leon Fuat Bhd
KLSE:5232
|
0.044x |
|
Sustainable Power & Infrastructure Split Corp
TO:PWI
|
0.089x |
|
Vulcan Minerals Inc.
V:VUL
|
-0.003x |
Annual Cash Flow Conversion Efficiency for Trajectory Alpha Acquisition Corp (2021–2022)
The table below shows the annual cash flow conversion efficiency of Trajectory Alpha Acquisition Corp from 2021 to 2022. For the full company profile with market capitalisation and key ratios, see market cap of Trajectory Alpha Acquisition Corp.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2022-12-31 | $170.04 Million | $-1.73 Million | -0.010x | -4443.58% |
| 2021-12-31 | $169.75 Million | $-38.11K | 0.000x | -- |
About Trajectory Alpha Acquisition Corp
Zalatoris Acquisition Corp. does not have significant operations. It focuses on effecting a merger, consolidation, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to identify business opportunities in the field of technology-driven business. The company was formerly known as Trajectory A… Read more