Rigel Resource Acquisition Corp.
Rigel Resource Acquisition Corp. does not have significant operations. The company intends to effect a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses on acquiring companies primarily in the mining industry. The company was incorporated in 2021 and is based in New York, New York.
Rigel Resource Acquisition Corp. (RRACF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2025: 0.150x
Based on the latest financial reports, Rigel Resource Acquisition Corp. (RRACF) has a cash flow conversion efficiency ratio of 0.150x as of June 2025.
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 ($-452.87K) by net assets ($-3.02 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Rigel Resource Acquisition Corp. - Cash Flow Conversion Efficiency Trend (2022–2024)
This chart illustrates how Rigel Resource 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.
Rigel Resource Acquisition Corp. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Rigel Resource Acquisition Corp. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Willbes
KO:008600
|
0.151x |
|
Ziga Innovation Public Company Limited
BK:ZIGA
|
-0.012x |
|
Microfriend Inc
KQ:147760
|
-0.061x |
|
Cardia Bioplastics Limited
PINK:SCGRF
|
0.031x |
|
Ozsu Balik Uretim A.S.
IS:OZSUB
|
0.430x |
|
Kingfish Company Nv
OL:KING
|
-0.078x |
|
Tribeca Resources Corporation
PINK:TRRCF
|
-0.054x |
|
China Yurun Food Group Limited
F:C7Y
|
0.016x |
Annual Cash Flow Conversion Efficiency for Rigel Resource Acquisition Corp. (2022–2024)
The table below shows the annual cash flow conversion efficiency of Rigel Resource Acquisition Corp. from 2022 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $49.53 Million | $-4.42 Million | -0.089x | -1169.32% |
| 2023-12-31 | $245.16 Million | $-1.72 Million | -0.007x | -33.24% |
| 2022-12-31 | $294.50 Million | $-1.55 Million | -0.005x | -- |