CNXXW
CONX Corp. 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 or assets. The company was incorporated in 2020 and is based in Littleton, Colorado.
CNXXW (CNXXW) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of June 2024: -0.035x
Based on the latest financial reports, CNXXW (CNXXW) has a cash flow conversion efficiency ratio of -0.035x 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 ($321.75K) by net assets ($-9.10 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
CNXXW - Cash Flow Conversion Efficiency Trend (2021–2023)
This chart illustrates how CNXXW's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
CNXXW Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of CNXXW ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Kendrick Resources PLC
LSE:KEN
|
-0.071x |
|
Marelius Inc.
NASDAQ:MBPG
|
N/A |
|
Dito CME Holdings Corp
PSE:DITO
|
-0.031x |
|
EcoPlus Inc
PINK:ECPL
|
-18.547x |
|
Zenova Group PLC
LSE:ZED
|
-0.142x |
|
Figaro Coffee Group Inc
PSE:FCG
|
0.072x |
|
Sequoia Econ Infrastructure
LSE:SEQI
|
0.026x |
|
Galexxy Holdings Inc
PINK:GXXY
|
0.007x |
Annual Cash Flow Conversion Efficiency for CNXXW (2021–2023)
The table below shows the annual cash flow conversion efficiency of CNXXW from 2021 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | $-18.06 Million | $-1.79 Million | 0.099x | +1049.76% |
| 2022-12-31 | $52.49 Million | $-547.39K | -0.010x | -1477.87% |
| 2021-12-31 | $698.21 Million | $-461.47K | -0.001x | -- |