Clover Leaf Capital Corp
Clover Leaf Capital Corp. does not have significant operations. The company focuses on effecting a merger, stock exchange, asset acquisition, stock purchase, reorganization, and other business combination with one or more businesses. It intends to acquire companies operating in the cannabis industry. The company was incorporated in 2021 and is based in Miami, Florida. Clover Leaf Capital Corp. op… Read more
Clover Leaf Capital Corp (CLOE) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.136x
Based on the latest financial reports, Clover Leaf Capital Corp (CLOE) has a cash flow conversion efficiency ratio of -0.136x as of June 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 ($-294.67K) by net assets ($2.16 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Clover Leaf Capital Corp - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how Clover Leaf Capital 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.
Clover Leaf Capital Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Clover Leaf Capital Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
FNM S.p.A.
LSE:0EHB
|
N/A |
|
Phenixfin Corporation
NASDAQ:PFX
|
0.000x |
|
NewMed Energy - Limited Partnership
TA:NWMD
|
0.042x |
|
Magnate Technology Co Ltd
TWO:4541
|
0.021x |
|
China Ecotek Corp
TW:1535
|
0.039x |
|
MediciNova Inc
NASDAQ:MNOV
|
-0.039x |
|
Easy Field
TWO:6425
|
-0.057x |
|
Vectron Systems AG
F:V3S
|
0.118x |
Annual Cash Flow Conversion Efficiency for Clover Leaf Capital Corp (2021–2023)
The table below shows the annual cash flow conversion efficiency of Clover Leaf Capital Corp from 2021 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $5.26 Million | $-1.37 Million | -0.261x | -212.81% |
| 2022-12-31 | $10.55 Million | $-879.80K | -0.083x | -1565.54% |
| 2021-12-31 | $136.08 Million | $-681.15K | -0.005x | -- |